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Swiftdata Lists Address Occupied by Interior Design Firm

Singapore-based cloud provider Megaspeed International operates from an interior design firm's office at Midview City, according to The Straits Times. The company has no visible staff at that location. Swiftdata owns all 10 million shares of Megaspeed, according…

Swiftdata Lists Address Occupied by Interior Design Firm

Singapore-based cloud provider Megaspeed International operates from an interior design firm’s office at Midview City, according to The Straits Times. The company has no visible staff at that location.

Swiftdata owns all 10 million shares of Megaspeed, according to Accounting and Corporate Regulatory Authority records. Swiftdata changed its registered address to Midview City in April.

Tenants on the floor told reporters they had not encountered anyone associated with Swiftdata. The interior design firm’s co-founder said his company is the sole occupier of the address.

“I do not know Swiftdata, Megaspeed or any of their affiliates,” the co-founder said, adding that someone must have used the address as a virtual office without his knowledge.

Authorities investigate Megaspeed for export breaches and domestic law violations

Megaspeed faces probes from US authorities regarding potential breaches of export restrictions on advanced semiconductors, according to The Straits Times. Singapore police confirmed in October 2025 that they were investigating the firm over suspected domestic law breaches.

Swiftdata Lists Address Occupied by Interior Design Firm
Photo: CBS News

The company imported at least US$4.6 billion worth of hardware since its founding, according to Bloomberg data cited by Mezha.net. Its total assets surged from US$32.9 million in 2023 to almost US$3 billion in 2024.

Nvidia chief executive Jensen Huang stated in October 2025 that his company’s dealings with Megaspeed were normal. He added that Nvidia checked to ensure the firm did not illegally send artificial intelligence processors to China.

Alice Huang's role and Megaspeed's ownership history

Former Megaspeed managing director Alice Huang, also known as Huang Le, served at the company from March to November 2023, according to The Straits Times. Jensen Huang admitted on Nov 8 to having an affair with her, leading to shareholder lawsuits against Nvidia.

Megaspeed was incorporated in 2015 as 7Road International, operating as a subsidiary of a Shenzhen-based gaming developer, according to corporate filings cited by Mezha.net. A British Virgin Islands shell company named Huang Le Limited acquired it in March 2023.

Tan Yong Pong serves as the sole director of both Swiftdata and Megaspeed. A family member told reporters in October 2025 that Tan no longer lived at his registered Singapore residence and was believed to be in China.

Australian Operations

Megaspeed Australia’s registered business address is located more than 700 kilometers away at 20 Martin Place in Sydney.

Megaspeed’s sparse offices raise questions about whether it is a Chinese government front
Photo: Mezha.net

Corporate filings name Kai Kang, a 29-year-old Shanghai-born newspaper vendor, as the director of Megaspeed Australia, which was registered in 2024. Kang’s father stated to Australia’s ABC News that he had never heard of Megaspeed.

Megaspeed’s Singapore offices were visited by The Straits Times and The New York Times around the same time in late 2025. “Nvidia has a compliance team that may have failed utterly,” Jacqueline Deal said.

What Megaspeed International does and how regulators respond

What is Megaspeed International’s primary business activity?

Megaspeed lists its primary business activity on ACRA as hosting services by non-data centres as a cloud service provider. Its secondary activity involves data analytics and processing.

What do regulators say about the current probes?

Singapore police confirmed their investigation into Megaspeed in October 2025, while US authorities began examining potential export control violations in late 2024.

About the author: Marcus Liu - Business Editor

MBA and ex‑B bureau chief specializing in global finance and fintech. Marcus speaks Mandarin, Japanese, and English, and has interviewed CEOs from the Fortune 50 to Y‑Combinator unicorns. Marcus Liu delivers sharp analysis on markets, startups, and corporate strategy for investors and entrepreneurs alike.