SHANGHAI - GDS Holdings (NASDAQ:GDS) Limited (NASDAQ: GDS; HKEX: 9698), a prominent developer and operator of high-performance data centers in China and South East Asia, today announced a significant leadership change within its international division. Jamie Khoo, the current Chief Operating Officer of GDS, has been appointed as the Chief Executive Officer of DigitalLand Holdings Limited, the holding company for GDS’s international data center assets and operations.
This appointment coincides with the closing of the Series A capital raise for GDS International, and with this new role, Khoo will be stepping down as COO of GDS. Her prior responsibilities will be distributed among several senior executives, including Mr. Kejing Zhang, SVP, Sales, and Ms. Yan Liang, SVP, Operational Excellence, among others.
Khoo has been a part of GDS since January 2019, having joined the senior management team in 2014 as the deputy chief financial officer. Her extensive background includes various management roles at ST Telemedia, focusing on finance, accounting, treasury, and overseas investments. She also has experience with ABB (ST:ABB) (China) Holdings Limited, Ernst & Young (Singapore), and Baker Hughes (Singapore), mainly in finance and consulting positions.
William Huang, Chairman and CEO of GDS, expressed confidence in Khoo’s leadership abilities and her potential to drive GDS International's growth in global markets. He also assured that the company's China operations would continue to thrive under the collective expertise of the newly assigned executives.
GDS Holdings is known for its strategic location of data center services in key economic hubs and offers a range of services, including co-location and managed hybrid cloud services.
The information for this article is based on a press release statement from GDS Holdings Limited.
InvestingPro Insights
As GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) positions itself for further international expansion with the appointment of Jamie Khoo as CEO of DigitalLand Holdings, investors may find the following InvestingPro Data and InvestingPro Tips relevant when evaluating the company's financial health and market performance:
InvestingPro Data highlights include a Market Cap of approximately 60.25M USD, indicating the size and scale of GDS within the industry. The company's P/E Ratio stands at 14.15, with an adjusted P/E Ratio for the last twelve months as of Q3 2024 at 13.48, which may suggest a reasonable valuation relative to earnings. Additionally, GDS has demonstrated a Dividend Yield of 3.47%, reflecting a commitment to returning value to shareholders.
From the InvestingPro Tips, two key insights emerge for potential investors. Firstly, GDS Holdings has raised its dividend for 7 consecutive years, showcasing a track record of consistent shareholder payouts. Secondly, the company holds more cash than debt on its balance sheet, which can be a sign of financial stability and prudent capital management, especially important for a company in the capital-intensive data center industry.
For readers looking to delve deeper into GDS Holdings' financial metrics and gain additional insights, there are more InvestingPro Tips available, including the company's free cash flow yield and trading patterns. By visiting InvestingPro, users can access a total of 11 additional tips that can help inform investment decisions. To enhance the experience, use the coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
These insights, combined with the strategic leadership changes, may provide investors with a clearer picture of GDS's potential for growth in the dynamic data center market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.