HONG KONG SAR - Media OutReach Newswire - 1 July 2026 - SUNeVision Holdings Ltd. ("SUNeVision" or the "Company"; SEHK: 1686), the largest data centre provider in Hong Kong and the technology arm of Sun Hung Kai Properties Limited ("SHKP"), held its Extraordinary General Meeting ("EGM") on 30 June, where all ordinary resolutions relating to the Company's continuing connected transactions were duly passed by independent shareholders.
During the Q&A session of the EGM, management also provided an update on a major new customer commitment and the accelerated development timeline of its flagship MEGA IDC facility.
Significant Occupancy Uplift at MEGA IDC Phase One – Addressing shareholder inquiries during the meeting, the Company highlighted robust and sustained demand for its premium data centre capacity, anchored by a substantial new order secured from a major single customer at MEGA IDC Phase One. Customer move-in is scheduled to commence toward the end of this year. Upon full implementation, this commitment is projected to significantly lift the occupancy rate of MEGA IDC Phase One from its current 30% to approximately 70%.
Concurrently, SUNeVision continues to experience strong interest from a diverse pipeline of prospective customers for the remaining two floors of MEGA IDC Phase One. This commercial momentum is heavily underpinned by the rapid adoption of AI applications and the continuous expansion of cloud computing infrastructure across the region.
Accelerated Expansion to Capture Structural Growth – To proactively meet this accelerating market demand and support its growing customer pipeline, management shared that SUNeVision is fast-tracking the development of MEGA IDC Phases Two and Three, with operations aiming to commence by 2028.
SUNeVision remains highly confident in the long-term outlook for premium data centre services in Hong Kong. With its advanced infrastructure, highly scalable capacity, and dense connectivity ecosystem, the Company is uniquely positioned to capture high-growth opportunities and deliver sustainable value for shareholders.
Hashtag: #SUNeVision
The issuer is solely responsible for the content of this announcement.
About SUNeVision
SUNeVision (SEHK: 1686), the technology arm of Sun Hung Kai Properties (SEHK: 0016), is the largest data centre provider in Hong Kong. We provide industry-leading carrier and cloud-neutral data centre services with Asia's number one connectivity. We connect providers of telecommunications, cloud, ISP, CDN, OTT from local, mainland China and global with enterprises of different businesses on our Asia leading data centre ecosystem.
SUNeVision forms MEGA Campus by extending the connectivity edge from highly connected MEGAi to other high-tier data centres, including MEGA Gateway, MEGA IDC, MEGA Plus and MEGA Two. Facilities on MEGA Campus are interconnected through a dedicated dark fibre network and around 15,000 cross-connects. Together with City PoPs of major submarine cables in our facilities, we enable our customers for direct connections to multi-cloud platforms and multi-cloud exchanges with the best connectivity in town. The addition of cable landing stations HKIS-1 and HKIS-2 to our data centre portfolio will provide a one-stop-solution to cable owners and users, strengthening our position as the leading connectivity hub in Asia. We are committed to supporting Hong Kong as a regional information hub and a strategic gateway to mainland China.
For more information, please visit SUNeVision's website, LinkedIn or WeChat.
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SINGAPORE - Media OutReach Newswire - 1 July 2026 - Samsung Solve for Tomorrow 2026, the highly-anticipated youth innovation competition, is back for its 10th edition in Singapore! As the world looks to navigate the uncertainties ahead, Solve for Tomorrow provides a platform for young changemakers to be equipped with the knowledge and skills to shape a better tomorrow for all. By inspiring youths in Singapore to rise up to the challenge and address key societal issues via innovation and technology, the competition encourages them to turn their creativity, ingenuity and passion into tangible solutions that can drive meaningful change in their communities.
Samsung Brings Back Solve for Tomorrow 2026 to Spark Youth-led Innovation and Drive Social Change
"At Samsung, we believe that youths hold the key to shaping a better tomorrow for all. When given the right platform and opportunity to utilise their critical thinking and problem-solving skills as well as their knowledge in STEM and artificial intelligence, they have the potential to devise groundbreaking innovations that can make a positive impact on our society and the world," said Jeffrey Hahn, President, Samsung Electronics Singapore.
He added: "Solve for Tomorrow 2026 aims to be the catalyst that inspires meaningful change and positive action among our youths. This year, we are calling for youths in Singapore to join us in igniting the change for a better future. As they come together to dream big and turn ideas into action, we believe that they will find their place in our society and be equipped to make the change that they want to see in their future."
Bella Teo, a member of Team BuddyBot, the Grand Prize winner of the Solve for Tomorrow 2025 competition, shares her experience: "Participating in the Solve for Tomorrow competition has truly expanded our horizons. The trip to Samsung's innovation facilities in South Korea was an eye-opening experience that taught us how innovation that combines vision, fundamental values and the desire to solve real-world problems can create long-lasting impact. Seeing Samsung's remarkable innovation journey, as well as the passion and inventiveness of other teams, spurs us on to continue our innovation journey. I am confident that we can achieve so much more if we set our minds to it, especially with the right support, mentorship and partners."
Solve for Tomorrow 2026 will provide the opportunity for youths to develop interdisciplinary skills like critical thinking, problem-solving capabilities, as well as to expand their Science, Technology Engineering and Math (STEM) and AI knowledge, elevating their potential while preparing them for the workforce.
Ignite the Change Together for a Better Future
Samsung has identified four key themes for this year's competition, to encourage submissions that can shape a better future for Singapore in 2026. Participants can develop their ideas around these themes:
Call for Entries Now Open, Ends 18 September 2026
From now till 18 September 2026, students can submit their entries for the competition by forming groups of two to four and submitting their innovative ideas or solutions on the Solve for Tomorrow 2026 website.
- Eligibility: Full-time students aged 12 to 18 years old, enrolled in a secondary or international school in Singapore, including:
- Secondary 1 to Secondary 5 students if they are enrolled in the following schools:
- Government schools (including autonomous schools)
- Government-aided schools (including autonomous schools)
- Independent schools
- Specialised independent schools (SIS)
- Specialised schools
- Special education (SPED) schools
- Secondary 1 to Secondary 5 students if they are enrolled in the following schools:
- Government schools (including autonomous schools)
- Government-aided schools (including autonomous schools)
- Independent schools
- Specialised independent schools (SIS)
- Specialised schools
- Special education (SPED) schools
- Government schools (including autonomous schools)
- Government-aided schools (including autonomous schools)
- Independent schools
- Specialised independent schools (SIS)
- Specialised schools
- Special education (SPED) schools
- Secondary 1 to Secondary 4 students if they are enrolled in IP (Integrated Programme) secondary schools with 6-year IP programmes.
- Students studying in equivalent levels in International Schools in Singapore
- Secondary 1 to Secondary 4 students if they are enrolled in IP (Integrated Programme) secondary schools with 6-year IP programmes.
- Students studying in equivalent levels in International Schools in Singapore
The top three teams will receive the following prizes:
- First Prize Winning Team
- S$10,000 worth of Samsung products
- Second Prize
- S$6,000 worth of Samsung products
- Third Prize
- S$3,000 worth of Samsung products
- S$10,000 worth of Samsung products
- S$6,000 worth of Samsung products
- S$3,000 worth of Samsung products
For more information visit the Solve for Tomorrow 2026 website or reach out to the organising team at samsungsolvefortomorrow@infom.asia.
Hashtag: #Samsung #SFT_SG_2026 #TogetherForTomorrow #ShapeTheFuture #SolveForTomorrow #SFT26
The issuer is solely responsible for the content of this announcement.
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