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.