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BUUU unit signs nonbinding 10MW data center agreement

The LOI’s principal cooperation arrangements are not legally binding, and implementation depends on agreed technical and commercial terms and definitive contract documentation.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

BUUU Group Limited’s 60%-owned subsidiary Brightray Science Inc. 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 in Indiana. The partner intends to engage Brightray to deploy a prefabricated data center solution; implementation is subject to agreement on technical specifications, commercial terms, the project schedule and definitive contract documentation.

The LOI’s principal cooperation arrangements are not legally binding and create no obligation on either party to purchase, supply or make payment. The partner intends to issue a purchase order by November 15, 2026, and the LOI expires 12 months after signing unless replaced earlier by a definitive agreement. Brightray targets delivery of the overall U.S. project within one year, including design finalization, permitting, international shipping, on-site work, installation and commissioning; the delivery period’s starting point is to be specified in a definitive contract. The planned design targets Tier III standards, annual PUE below 1.2 and compatibility with NVIDIA GB300, subject to final design, site and power conditions, approvals and equipment supply.

Planned power capacity 10MW Planned AI data center project in Indiana
Project delivery target Within one year Overall U.S. project schedule
Target design annual PUE Below 1.2 Planned project design
Intended purchase order date By November 15, 2026 The partner intends to issue a purchase order to Brightray
BUUU ownership of Brightray 60% Brightray is a subsidiary of BUUU Group Limited
LOI term 12 months after signing Unless replaced earlier by a definitive agreement
letter of intent financial
"entered into a letter of intent"
A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.
Tier III standards technical
"planned to be designed on the basis of Tier III standards"
power usage effectiveness technical
"target design annual power usage effectiveness (“PUE”)"
Power usage effectiveness (PUE) is a simple ratio that compares the total energy a facility uses (cooling, lighting, power losses) to the energy used directly by computing equipment; a lower number means more of the power is doing productive work. For investors, PUE acts like a fuel-efficiency rating for data centers — better PUE usually means lower operating costs, smaller environmental footprint, and a competitive advantage when scaling operations or meeting sustainability expectations.
integrated commissioning technical
"installation and commissioning"
GB300 computing platform technical
"compatible with the NVIDIA GB300 computing platform"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the planned BUUU data center project size?

Brightray’s planned Indiana AI data center has a power capacity of 10MW and is intended to use a prefabricated data center solution.

When does BUUU’s partner intend to issue the project purchase order?

The U.S.-based partner intends to issue a purchase order to Brightray by November 15, 2026. The LOI’s principal cooperation arrangements do not legally obligate either party to purchase, supply or make payment.

What conditions apply to BUUU’s planned data center project?

Implementation is subject to agreement on technical specifications, commercial terms, the project schedule and definitive contract documentation. The LOI expires 12 months after signing unless replaced earlier by a definitive agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-42803

 

BUUU Group Limited

(Translation of registrant’s name into English)

 

Flat B, 16/F, Ford Glory Plaza

37 Wing Hong Street

Cheung Sha Wan, Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒           Form 40-F ☐

 

 

 

 

 

EXHIBITS INDEX

 

Exhibit No.   Description
99.1   Press Release dated October 14, 2026

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BUUU Group Limited
     
Date: October 14, 2026 By: /s/ Wai Kwong, POON
  Name: Wai Kwong, POON
  Title: Chief Executive Officer

 

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Exhibit 99.1

 

Brightray Signs Letter of Intent for Planned 10MW AI Data Center Project in the United States

 

Brightray expands into the world’s largest data center market with its first U.S. project letter of intent, targeting delivery within one year with Brightray prefabricated data center solution to support next-generation AI compute deployment

 

SINGAPORE, October 14, 2026 — Brightray Science Inc. (together with its subsidiaries, “Brightray”), a majority-owned subsidiary of BUUU Group Limited (Nasdaq: BUUU), today announced that its wholly owned subsidiary, Brightray Veridian Pte. Ltd., entered into a letter of intent (the “LOI”) on October 6, 2026 with a U.S.-based mission critical infrastructure partner (the “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.

 

Project Overview

 

The project is intended to use Brightray prefabricated data center solution, with planned power capacity of 10MW. To meet the U.S. market’s pressing need for speed of delivery, Brightray intends to complete the pre-installation and integration of the data hall modules and related functional systems at the manufacturing stage, so that on-site work is concentrated on module placement, interface connections and integrated commissioning. The single-storey layout will be designed around the equipment configuration, operation and maintenance access and site conditions, providing space and facility support for the deployment of high-density AI equipment.

 

The project is intended to be compatible with the NVIDIA GB300 computing platform, with power distribution, cooling and data hall layout planned around the requirements of high-density AI equipment deployment. The project is planned to be designed on the basis of Tier III standards, with a target design annual power usage effectiveness (“PUE”) of below 1.2, aiming to balance high-density computing capacity, operational reliability and energy efficiency.

 

By carrying out factory prefabrication in parallel with on-site foundation and ancillary works, Brightray plans to shorten the project delivery period to within one year. The one-year target covers the overall project schedule in the United States, including [design finalization, permitting, international shipping, on-site foundation and ancillary works, installation and commissioning], and not only the delivery of the prefabricated modules. The starting point of the delivery period and the implementation schedule will be specified in the subsequent definitive contract. The final design, technical specifications and delivery arrangements of the project remain subject to factors including the parties’ final agreement, site and power conditions, required approvals and equipment supply.

 

 

 

 

Entering the World’s Largest Data Center Market, Capturing AI Build-Out Demand Through Delivery Capability

 

The United States is the world’s largest data center market and a major center of global AI infrastructure investment and construction. According to JLL’s 2026 Global Data Center Outlook, the Americas account for approximately 50% of global data center capacity, with the United States accounting for approximately 90% of capacity in the Americas. The scale of this market makes the United States an important market for Brightray’s international expansion and provides broad scope for construction solutions that can accelerate the delivery of computing infrastructure.

 

Strong market demand comes with significant delivery constraints. CBRE’s U.S. Real Estate Market Outlook 2026 notes that power supply and infrastructure conditions continue to affect data center construction schedules and that traditional 12-to-18-month timelines for sub-50-MW buildings no longer apply. Against this backdrop, speed of delivery has become an important consideration for customers in selecting construction solutions. By carrying out factory prefabrication in parallel with on-site works, Brightray intends to shorten the delivery period for this project to within one year; the starting point and delivery conditions will be specified in the definitive contract.

 

The LOI gives Brightray the opportunity to carry out its first project in the U.S. market. For Brightray, its significance lies not only in a new 10MW project opportunity, but also in bringing the prefabricated delivery model to the world’s largest data center market and building local project execution and partnership experience. If the technical solution, commercial arrangements and definitive contract are finalized, the project is expected to serve as a reference for Brightray’s future business expansion in the United States.

 

Brightray Prefabricated Data Center Solution Supports Rapid Delivery of AI Infrastructure in the United States

 

Mr. Bin Wang, Founder of Brightray, said, “Entering the U.S. market is an important step in Brightray’s international development. The U.S. has enormous data center demand, and customers face real pressure to turn their AI investments into usable computing power as quickly as possible. Our entry point is delivery: with Brightray prefabricated data center solution, we move more of the work into the factory and run manufacturing in parallel with on-site works, with the aim of shortening the delivery period for this project to within one year.”

 

Mr. Wang added, “We look forward to working further with our partner on the technical solution and implementation arrangements and to building delivery experience in the U.S. market through this 10MW project. Addressing the power, cooling and space requirements of next-generation AI equipment, we aim to bring the efficiency advantages of our prefabricated data center solution to the project and lay the foundation for the further expansion of our U.S. business.”

 

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About Brightray

 

Brightray is an AI infrastructure industrialization company and a 60%-owned subsidiary of BUUU Group Limited (Nasdaq: BUUU). Brightray accelerates data center deployment through prefabricated, modular and standardized solutions, with services spanning design, manufacturing, delivery and full lifecycle support. Its portfolio of prefabricated data center solutions, allows Brightray to match the appropriate solution to each customer’s computing needs, site and building conditions, project scale and delivery schedule.

 

 

For more information, please visit www.brightraydc.com.

 

About BUUU Group Limited

 

BUUU Group Limited (Nasdaq: BUUU) has established industrialized AI data center delivery as its core growth business, operated through Brightray Science Inc., in which BUUU acquired a controlling interest in September 2026. BUUU also provides MICE (meetings, incentives, conferences and exhibitions) solutions spanning event management and stage production to public institutions, agencies, real estate corporations and established brands.

 

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Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “may,” “will,” “expect,” “anticipate,” “aim,” “intend,” “plan,” “believe,” “target” or similar expressions. Forward-looking statements include statements regarding the progress of the cooperation contemplated by the LOI, the proposed purchase order and the timing of its issuance, the execution and terms of definitive agreements, the project’s design and capacity, GB300 compatibility, design PUE, the Tier III design target, the delivery period, and Brightray’s business plans and prospects in the U.S. market.

 

These statements are based on current expectations and assumptions and involve risks and uncertainties, many of which are beyond the control of BUUU and Brightray, that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to: the non-binding nature of the principal cooperation arrangements under the LOI and the possibility that the parties may not enter into definitive agreements or proceed with the transaction; the possibility that the Partner may not issue a purchase order when expected or at all; the parties’ ability to agree on final technical specifications, commercial terms, project scope and schedule; changes to the project’s design, capacity or schedule; land and site conditions; power supply and grid connection timing; required planning, building, power and other approvals; project financing; the Partner’s financial condition and ability to perform; the progress of equipment procurement, manufacturing, transportation and on-site construction; differences between actual operating conditions and design assumptions; the integration of Brightray with BUUU; competition in the data center industry and demand for AI computing infrastructure; changes in applicable laws and regulations and in trade, tariff and export control measures; and other risks described in the documents BUUU files with or furnishes to the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release, and, except as required by applicable law, BUUU undertakes no obligation to update them. NVIDIA and GB300 are trademarks of NVIDIA Corporation. Neither BUUU nor Brightray has any agreement with NVIDIA Corporation, and references to third-party products imply no affiliation or endorsement.

 

Media Contact

 

marketing@brightraydc.com

 

Investor Relations

 

BUUU Group Limited: ir@buuugroup.com

 

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Filing Exhibits & Attachments

1 document

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