The Company’s American depositary shares (“ADSs”), each representing eight Class A ordinary shares of the Company, will continue to be listed and traded on the Nasdaq Global Market (“Nasdaq”). Shanghai-based GDS sold 160 million shares in its … GDS announces launch of Hong Kong IPO 21 October 2020 | Abigail Opiah GDS Holdings Limited (NASDAQ: GDS) has announced the launch of its Hong Kong public offering, which forms part of the global offering of 160,000,000 new Class A ordinary shares and listing of its Class A ordinary shares on the Main Board of The Stock … The Company encourages applicants for the Hong Kong Public Offering to view its prospectus and apply online through the White Form eIPO service at www.eipo.com.hk, or apply through the CCASS EIPO service. It has also raised HK… GDS stock was sold by a variety of institutional investors in the last quarter, including Indus Capital Partners LLC, Taikang Asset Management Hong Kong Co Ltd, Aspex Management HK Ltd, … GDS is expected to price about 160 million shares at HKD 80.88 per share, as per Bloomberg. The price of the Shares of the Company may be stabilized in accordance with the Securities and Futures (Price Stabilization) Rules. This press release has not been reviewed or approved by the Hong Kong Stock Exchange or the Securities and Futures Commission of Hong Kong. Upon listing in Hong Kong, the Class A ordinary shares listed on the Hong Kong Stock Exchange will be fully fungible with the Class A ordinary shares represented by ADSs listed on Nasdaq. These statements are made under the “safe harbor” provisions of the U.S. The registration statement on Form F-3ASR, including the base prospectus contained therein, and the preliminary prospectus supplement are available at the SEC’s EDGAR website at http://www.sec.gov. SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data … GDS Holdings, a Shanghai-based independent data centre service provider, is joining the Hong Kong secondary listing bandwagon. Shanghai-based data centre services provider GDS Holdings views Hong Kong as a hub for the Southeast Asia region, its chief financial officer said.The company, which hosts some of the largest cloud services providers in mainland China, including AliCloud and Tencent Cloud, is listed on the Nasdaq. The proceeds from the IPO will go mostly towards expanding its data centers and R&D related to data center design, construction, and operations. The hotline number is +852 2862 8690, and will be open from 9:00 a.m. to 9:00 p.m. on Wednesday, October 21, 2020, Thursday, October 22, 2020 and Friday, October 23, 2020, from 9:00 a.m. to 6:00 p.m. on Saturday, October 24, 2020, Sunday, October 25, 2020 and Monday, October 26, 2020, and from 9:00 a.m. to 12:00 noon on Tuesday, October 27, 2020. View GDS Holdings GDS investment & stock information. Back in June, GDS raised $505m by selling shares to its investors Hillhouse Capital and ST Telemedia Global Data Centres. Thank you! GDS: Get the latest GDS stock price and detailed information including GDS news, historical charts and realtime prices. Potential applicants may call the enquiry hotline of Computershare Hong Kong Investor Services Limited if they have any question about making applications for the Hong Kong Offer Shares. Read More » In addition, the Company expects to grant the international underwriters an over-allotment option to purchase up to an additional 24,000,000 new Shares in the International Offering, representing no more than 15.0% of the total number of Shares initially available in the Offering. (See GDS stock analysis on TipRanks)Americold Realty (COLD)Last but not least is a real estate investment … GDS Holdings and CPE Fund partner for Beijing data center, ChinData IPO raises $540m, values company at $4.9bn, Singapore puts money behind Chinese hyperscale roll-out, Looking for technical training? Do the numbers hold clues to what lies ahead for the stock? New Purchase: GDS Holdings Ltd Aspex Management (HK) Ltd initiated holding in GDS Holdings Ltd. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers and IT service providers, and large domestic private sector and multinational corporations. You will receive a confirmation email shortly. GDS Poised to Raise $1.67 Billion in Hong Kong Listing (Bloomberg) -- Data center company GDS Holdings Ltd. has raised HK$12.9 billion ($1.67 billion) in its Hong Kong second listing, following in the … The offer price for the Hong Kong Public Offering (the “Hong Kong Offer Price”) will be no more than HK$86.00 per share (the “Maximum Offer Price”). Chinese data center company GDS Holdings is holding an IPO to raise billions of dollars from shares listed on the Hong Kong Stock Exchange (HKEX). Test your understanding of mission critical with these free-to-use DCPro knowledge assessments, T-Mobile’s US network goes down, impacting Verizon, AT&T, and other carriers, Equinix LD8 data center experiences major outage, WikiLeaks publishes list of AWS data center locations, colo providers, IBM Cloud experiences errors and outages, again, Criminal investigation launched after noose found at Facebook data center construction site, Design and Specification for Safe and Reliable Battery Systems for Large UPS, 5G Outlook Series: Transforming Essential Services for Economic Recovery in the Great Reset, Comparison of Dielectric Fluids for Immersive Liquid Cooling of IT Equipment. GDS shares opened at HK$81 on Monday, just above its offering price of HK$80.88. GDS’s American depositary shares (ADS), each representing eight Class A ordinary shares will be listed and traded on the Nasdaq - these comprise the other 152 million shares. Statements that are not historical facts, including statements about the offering and listing, the use of proceeds and the Company’s strategies and goals, are or contain forward-looking statements. The final Hong Kong Offer Price will be set at the lower of the final International Offer Price and the Maximum Offer Price of HK$86.00 per share. Only a portion of the shares will be sold at the IPO to Hong Kong investors while the rest will be available internationally. The Company plans to use the net proceeds received from the Offering primarily for expanding its platform of high-performance data centers through strategic sourcing across markets, and innovating and developing new technologies related to data center design, construction and operations, as well as other general corporate purposes. Get the latest GDS Holdings GDS detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Investors in the Offering will only be able to purchase Class A ordinary shares and not ADSs. GDS is hoping to raise $1.8bn by selling 160 million Class A ordinary shares at around $11 each. The IPO initially comprises 8 million shares and 152 million shares are allocated for an international offering. Fully Electronic Application Process for the Hong Kong Public Offering. Find information for the HKEX's news, market data, stock quotes, market data, listing matter, products information and market operations … Data Centre Dynamics Ltd (DCD)& DC Professional Development Limited (DCPRO)22 York Buildings,John Adam Street,London WC2N 6JUEmail. A fully electronic application process is consistent with the way in which the Company’s customers and stakeholders engage and interact with each other and the Company. GDS HOLDINGS LIMITED : News, information and stories for GDS HOLDINGS LIMITED | Nasdaq: GDS | Nasdaq Since … This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. [email protected]. The stock in GDS Holdings Ltd. (Nasdaq: GDS) hit an all-time high of $80.99 per American Depositary share in early trading Monday on the news of it weighing a Hong Kong IPO that could raise … The Offering initially comprises 8,000,000 new Shares for the Hong Kong Public Offering and 152,000,000 new Shares for the international offering (the “International Offering”), representing approximately 5.0% and 95.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment. Chinese data center company GDS Holdings is holding an IPO to raise billions of dollars from shares listed on the Hong Kong Stock Exchange (HKEX). GDS is hoping to raise $1.8bn by … GDS has decided to adopt a fully electronic application process for the Hong Kong Public Offering, with no printed copies of prospectuses or application forms. The Hong Kong Public Offering will commence at 9:00 a.m. on Wednesday, October 21, 2020 Hong Kong time and will close at 12:00 noon on Tuesday, October 27, 2020 Hong Kong time. Shanghai-based data center operator and developer GDS Holdings has raised $1.6 billion in a secondary listing on the Hong Kong Stock Exchange. The Style Scores … Shares will be traded in board lots of 100 shares each. The local share offering is expected to close next Tuesday and trading will begin on November 2. This press release contains forward-looking statements. The offer price for the International Offering tranche of the Offering (the “International Offer Price”) may be set at a level higher than the Hong Kong Offer Price. The details of the intended stabilization and how it will be regulated under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) will be contained in the prospectus of the Company dated October 21, 2020. The shares could begin trading from Nov. 2 on the Stock Exchange of Hong Kong. Through a private placement, the shares were part of a newly issued set of Class A ordinary shares at $65 per share. Forward-looking statements involve inherent risks and uncertainties. J.P. Morgan, BofA Securities, CICC and Haitong International are the joint sponsors, joint global coordinators, joint bookrunners and joint lead managers for the proposed Offering. JPMorgan, Bank of America, China International Capital Corporation, Haitong International are sponsors for the IPO. The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated. The stock … The Company has a 19-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. Find the latest GDS Holdings Limited (GDS) stock quote, history, news and other vital information to help you with your stock trading and investing. I believe all the negativity surrounding this stock is over. For investor and media inquiries, please contact: GDS Holdings Limited Laura Chen Phone: +86 (21) 5176-5509 Email: ir@gds-services.com, The Piacente Group, Inc. Ross Warner Phone: +86 (10) 6508-0677 Email: GDS@tpg-ir.com, Brandi Piacente Phone: +1 (212) 481-2050 Email: GDS@tpg-ir.com, Copyright © 2020 GDS Services Ltd. All rights reserved. All information provided in this press release is as of the date of this press release and are based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. 333-222659) filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 23, 2018. The stock is selling for $88.92 and has an average price target of $107.80. As a company that is dedicated to delivering cutting-edge, comprehensive data center solutions that offer high power efficiency, guaranteed uptime, a key market footprint, carrier neutrality, and rigorous operating standards, and that is committed to delivering these solutions in a responsible, transparent manner that drives sustainability and enhances value creation for all its stakeholders, the Company believes the fully electronic application process will also help minimize the environmental impact of the Offering. The Company is expected to set the International Offer Price by October 27, 2020 Hong Kong time by making reference to, among other factors, the closing price of the ADSs on Nasdaq on the last U.S. trading day on or before October 26, 2020 and investor demand during the marketing process. A ordinary shares at HKD 80.88 per share ECN, charts, stats and more latest GDS Holdings, Shanghai-based! 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