SHKP Quarterly

SUNeVisiontransfers its listingtotheMainBoard 新意網轉往主板上市 SUNeVision Holdings Ltd. has been listed and the shares have been traded on the Growth Enterprise Market (GEM) since 17 March 2000, and the company was one of the earlier companies to be listed on GEM. Following its business growth over the years, SUNeVision is now well-established as a leading operator of data centres in Hong Kong enjoying a recurrent revenue stream and, in terms of profits attributable to shareholders, has for a number of years met the requirements for listing on the Main Board. MEGA Plus - SUNeVision's latest flagship data centre in Tseung Kwan O 新意網位於將軍澳的全新旗艦數據中心 MEGA Plus SUNeVision’s directors considered it appropriate that the listing of the shares should be transferred from GEM to the Main Board to enhance the company’s reputation and attract a broader investor base, which will be beneficial to the company’s next horizon of growth. Upon the approval granted by the Listing Committee of the Stock Exchange, SUNeVision transferred the listing of its shares to the Main Board of the Hong Kong Stock Exchange on 22 January 2018. 2017/18 financial year interim results SUNeVision maintained its growth momentum during the period with profit attributable to owners of the company of HK$392.2 million for the six months ended 31 December 2017, an increase of 45% over the same period last year. The underlying profit attributable to owners of the company (excluding the effect of other gains) was HK$299.0 million, an increase of 11% over the same period last year. Revenue for the period was HK$641.4 million, up 15% over the same period last year. This was principally due to increased revenues attributable to the revenue from the newly opened MEGA Plus, as well as new customers and rental reversion of existing customers at other data centre sites. Gross profit for the period increased to HK$380.6 million, with gross margin at 59%. The MEGA Plus flagship facility in Tseung Kwan O is now in operation with a few anchor customers already moved in. MEGA Plus is the first purpose-built facility on land designated for data centre use by the Hong Kong Government offering diversity of access, security and resilience, which made it a superior location compared to all other data centre facilities within Tseung Kwan O Industrial Estate. Feedback on the MEGA Plus facility has been excellent. Fitting-out works for other customers continued apace during the period. For Mega Two in Sha Tin, the revitalization of the entire facility into a dedicated centre is already complete, with good feedback from customers. Additionally, SUNeVision is upgrading the flagship facility Mega-i in Chai Wan to cater for customer demand and changing needs. In addition to investing in the expansion of new capacity, continuous developments have been made at JUMBO to enable SUNeVision to cater for customers’ growing needs. In order to enhance the resilience of the data centres and provide the cost effective services to customers, SUNeVision is making a substantial investment in fibre to interconnect its data centre sites. New industrial site in Tsuen Wan SUNeVision acquired Tsuen Wan Town Lot No. 428 at Ma Kok Street, Tsuen Wan, by winning a government tender in January. The site, which offers a maximum gross floor area of 201,700 square feet, will enhance the data centre portfolio in a district where the company historically has less capacity to offer. The enhanced capacities will serve customers effectively, and increase its income base over the long term. Corporate News Vol 87 • Q1 2018 • SHKP Quarterly 28