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GDS Holdings Limited reports developments tied to its high-performance data center business in China and its securities listed on Nasdaq and HKEX. News commonly covers unaudited quarterly and annual results, Form 20-F filing announcements, earnings-call schedules, and data center demand from hyperscale cloud providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and enterprise customers.
Company updates also include shareholder meetings, amendments to articles of association, preferred-share and ordinary-share voting matters, capital-structure actions, and its minority equity interest in DayOne Data Centers Limited, a Singapore-headquartered hyperscale data center platform.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a leading data center developer in China, will report its fourth quarter and full year 2021 unaudited financial results on March 22, 2022, after the Hong Kong market closes. An earnings conference call will occur at 8:00 AM U.S. Eastern Time on the same day. The Company operates high-performance data centers across China's primary economic hubs, providing co-location and managed services to major cloud and internet companies. Details for dial-in and replay access to the conference call are provided in the release.
GDS Holdings Limited (NASDAQ: GDS) has announced the sale of $620 million in 0.25% convertible senior notes due 2029 to several investors, including Sequoia China Infrastructure Fund I. The notes are set to mature around March 8, 2022, with a conversion price of $50 per American Depositary Share, representing a 20% premium over recent trading prices. Proceeds will be used for developing new data centers and general corporate purposes. The transaction is expected to close following customary approvals.
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GDS Holdings Limited reported a robust third quarter for 2021, with net revenue rising by 35.2% year-over-year to RMB2,061.4 million (US$319.9 million). Service revenue also increased by 35.4% year-over-year, but the company faced a net loss of RMB301.1 million (US$46.7 million), compared to RMB204.6 million in Q3 2020. Adjusted EBITDA grew by 34.2% to RMB962.2 million (US$149.3 million) with an adjusted EBITDA margin of 46.7%. The company experienced an increase in committed data center space by 32.1% year-over-year to 531,760 sqm.
GDS Holdings has announced a definitive agreement to acquire greenfield land in Nongsa Digital Park, Batam, Indonesia, for the construction of two new data center buildings, totaling approximately 10,000 sqm and 28 MW capacity. The Indonesian Government recognizes the park as a Special Economic Zone, which supports GDS’s regional strategy amidst growing demand from Chinese cloud customers. Collaborations with local authorities ensure a supply of renewable energy, positioning Indonesia as a digital hub in Southeast Asia. This move enhances GDS’s presence in the region, complementing its existing operations in Malaysia.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) will announce its third quarter 2021 unaudited financial results on November 16, 2021. The results will be reported after the close of the Hong Kong market and before the U.S. market opens. Following the announcement, the management will host an earnings conference call at 8:00 AM U.S. Eastern Standard Time. Participants should dial in 15 minutes early and provide the Conference ID 4695856. A replay will be available until November 24, 2021. GDS operates high-performance data centers in China, catering to major cloud service providers and enterprises.
GDS Holdings Limited (NASDAQ: GDS) reported Q2 2021 revenues of RMB1,863.9 million (US$288.7 million), a 38.9% increase YoY. Service revenue rose by 39.6% YoY, with a net loss of RMB298.5 million (US$46.2 million). Adjusted EBITDA grew by 41.4% YoY to RMB895.9 million (US$138.8 million), with a margin of 48.1%. Total area committed increased to 470,125 sqm, reflecting a 41.0% YoY rise. The company completed acquisitions to expand its data center capacity and confirmed 2021 revenue guidance of RMB7,700 - RMB8,000 million.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top-tier data center operator in China, is set to release its second quarter 2021 unaudited financial results on August 17, 2021, following the Hong Kong market closure and before the U.S. market opens. The management will conduct an earnings conference call at 8:00 AM EDT on the same day. The conference will be accessible via various dial-in numbers and a live webcast on the company's investor relations website.
GDS Holdings Limited, a leading developer of data centers in China, announced plans to expand into South East Asia by developing a hyperscale data center campus in Johor, Malaysia. The acquisition of greenfield land in Nusajaya Tech Park will support a total capacity of 54 MW, with the first phase set to be completed by early 2024, providing 18 MW of IT power. This strategic location aims to cater to the rising demand from Chinese customers looking to grow in Malaysia and Singapore.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) held its Annual General Meeting on June 29, 2021, where all proposed resolutions were approved. Key approvals included the re-election of directors Mr. Lim Ah Doo, Mr. Chang Sun, and Ms. Judy Qing Ye, alongside the appointment of KPMG Huazhen LLP as the independent auditor for fiscal 2021. Shareholders authorized the Board to allot shares up to 20% of the existing share capital within the next 12 months. Additionally, a special resolution adopted new Articles of Association reflecting these changes.