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Stock impact report

GDS Announces Major New Project in Kunshan

GDS Holdings Limited - American Depositary Shares (GDS) 
Last gds holdings limited - american depositary shares earnings: 3/19 08:28 am Check Earnings Report
US:NASDAQ Investor Relations: expworldholdings.com
Company Research Source: GlobeNewswire
SHANGHAI, China, Jan. 08, 2019 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced that it has commenced construction of a major new project in Kunshan, approximately 45 km from Shanghai city center. The project consists of two data centers, Kunshan 2 (“KS2”) and Kunshan 3 (“KS3”), with total capacity of approximately 11,400 sqm of IT area, which has already been 100% pre-committed by strategic hyper-scale customers for their cloud expansion requirements. The new data centers will be developed on existing land owned by the Company adjacent to its Kunshan 1 (“KS1”) data center, a facility which has been in operation for over eight years. The expected delivery date is 2020. “We are delighted to announce our new KS2 and KS3 data centers, which are fully pre-committed from inception,” said Mr. William Huang, Chairman and Chief Executive Officer of GDS Show less Read more
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