BUUU Group Acquires Majority Stake in Brightray Science, Expanding into Industrialized AI Data Center Solutions
BUUU Group Limited has signed a definitive agreement to acquire a 60% stake in Brightray Science Inc., a modular data center solutions provider. The acquisition is part of BUUU's strategic shift toward industrialized AI infrastructure delivery as its core growth business, with plans to relocate headquarters to Singapore and raise over $60 million through private placements. Brightray offers prefabricated modular data centers that significantly reduce deployment time—from 18–36 months down to six-to-nine months—positioning BUUU for faster AI infrastructure delivery. The company already operates a 70MW facility in Johor, Malaysia, with an expected pipeline of up to 2GW. Brightray's modular approach includes three models (FPD, IPD, CPD) and supports both air- and liquid-cooled systems. The transaction is subject to regulatory approvals but will make Mr. Bin Wang a BUUU Executive Director and Co-Chief Executive Officer. The deal also gives BUUU the option to acquire Brightray's remaining 40% stake within three years, contingent on performance metrics.
Tickers: $BUUU
Topics: acquisition corporate restructuring headquarters relocation