BUUU Group Limited Signs Definitive Agreement to Acquire Majority Stake in Brightray Science Inc. and Over US$60 Million of Private Placements, Making Industrialized AI Data Center Delivery Its Core Growth Business
BUUU Group Limited signed a definitive agreement to acquire a majority stake in Brightray Science Inc. and secure over US$60 million in private placements, making industrialized AI data center delivery its core growth business. The company is relocating its headquarters to Singapore, with 70MW currently in operation in Johor, Malaysia, and a delivery timeline of six to nine months, with its pipeline expected to reach approximately 2GW.
Why it matters — This marks a strategic pivot for BUUU into AI data center delivery with expanded capacity and financing, making it a key development for shareholders to track.