News & Events zu BUUU Group Ltd (BUUU)BUUUBUUU Group Ltd

BUUU Group Approves 10-for-1 Stock Split

BUUU Group announced that its board of directors has approved a ten-for-one forward split of the company's ordinary shares, to be effected by subdividing each of the company's issued and unissued Class A ordinary shares and Class B ordinary shares into ten shares of the same class. The Share Subdivision is intended to make the company's Class A ordinary shares more accessible to a broader base of investors and to enhance their trading liquidity. Subject to processing by Nasdaq, the Class A ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on October 26, 2026, under the company's existing symbol "BUUU." The Share Subdivision follows BUUU's completion on September 15, 2026 of its acquisition of a 60% equity interest in Brightray Science, through which the company has established industrialized AI data center delivery as its core growth business.

Brightray Science Subsidiary Signs LOI for 10MW Data Center

Brightray Science, a majority-owned subsidiary of BUUU Group, announced that its wholly owned subsidiary, Brightray Veridian Pte. Ltd., entered into a letter of intent on October 6, 2026 with a U.S.-based mission critical infrastructure partner for a planned 10MW AI data center project in Indiana, United States. The LOI is Brightray's first project letter of intent signed in the United States and marks an important step in its expansion into the world's largest data center market. The project site is located in Indiana, United States. Under the LOI, the Partner intends to engage Brightray to deploy a 10MW prefabricated data center solution, with implementation subject to the parties reaching final agreement on technical specifications, commercial terms, the project schedule and definitive contract documentation. Brightray intends to act as the supplier for the prefabricated data center scope agreed by the parties, providing related design, manufacturing, integration, delivery and other agreed services. The principal cooperation arrangements under the LOI are not legally binding and do not create any obligation on either party to purchase, supply or make payment. Under the LOI, the Partner intends to issue a purchase order to Brightray by November 15, 2026. The LOI will expire 12 months after it was signed unless replaced earlier by a definitive agreement. There can be no assurance that the parties will enter into a definitive contract, that the Partner will issue a purchase order or that the project will proceed as planned.

BUUU Group Ltd Trading Halted Due to Volatility

BUUU Group Ltd trading halted, volatility trading pause