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Polibeli Group Ltd (PLBL) signs non-binding MOU to explore 100MW AI center

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Polibeli Group Ltd has entered into a non-binding memorandum of understanding with a Thailand-based company to explore a potential artificial intelligence computing center project in Thailand. The parties will share information, conduct site visits, and assess land, power availability, and other technical and commercial factors.

The contemplated project, if pursued, may involve power capacity of up to approximately 100 megawatts, but it remains at a preliminary evaluation stage. Polibeli has not decided to proceed or commit capital, and any future project would depend on satisfactory due diligence, feasibility, internal and regulatory approvals, financing, and definitive agreements.

Positive

  • None.

Negative

  • None.

Insights

Polibeli explores a large AI data-center concept under a fully optional, non-binding MOU.

Polibeli Group Ltd is testing strategic expansion into AI infrastructure through a non-binding MOU for a Thailand computing center with planned capacity up to 100 MW. This suggests interest in large-scale digital infrastructure but only at an exploratory stage.

The MOU only binds customary items such as confidentiality, compliance, governing law, and dispute resolution. Any real project would require successful due diligence, proof of commercial and technical feasibility, internal approvals, available financing, regulatory clearances, and signed definitive agreements, all highlighted as prerequisites.

Because no capital commitment or construction decision has been made, the practical impact depends on whether these evaluations justify moving ahead. Subsequent company filings would need to detail any definitive agreements or investment decisions if the opportunity progresses beyond this preliminary framework.

Planned power capacity up to approximately 100 MW Potential AI computing center project in Thailand
non-binding memorandum of understanding regulatory
"entered into a non-binding memorandum of understanding (the “MOU”)"
A non-binding memorandum of understanding is a written outline of the main terms and intentions between parties that signals they are negotiating a potential deal but does not create enforceable legal obligations. Think of it as a detailed handshake that helps investors read a company's likely direction and near-term plans, while reminding them the final agreement, price or timeline can still change.
artificial intelligence computing center technical
"evaluating a potential artificial intelligence (“AI”) computing center opportunity in Thailand"
A facility or dedicated space that houses the specialized computers, networking and cooling systems needed to build, train and run advanced artificial intelligence programs. Think of it as an industrial kitchen for AI: it concentrates the expensive equipment and power needed to produce large-scale models and services efficiently. Investors watch these centers because they require big upfront costs but can enable faster product delivery, lower operating costs per task, and a competitive edge in AI-driven revenue.
due diligence financial
"including information exchange, site visits, land and power assessments, due diligence"
Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.
forward-looking statements regulatory
"This announcement contains statements that may constitute “forward-looking” statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
governing law and dispute resolution regulatory
"customary provisions relating to, among other matters, confidentiality, compliance, governing law and dispute resolution"
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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 July 2026

Commission File Number: 001-42776

 

Polibeli Group Ltd

(Exact name of registrant as specified in its charter)

 

 

 

Landmark Pluit Tower D 5th & 6th Floor.
Jl. Pluit Selatan Raya, Pluit, Penjaringan,
Kota Jakarta Utara, Daerah Khusus Ibukota Jakarta 14450
Republic of Indonesia

(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 ☐

 

 

 

 

 

 

Entry into Non-Binding Memorandum of Understanding for Preliminary Evaluation of a Potential AI Computing Center Opportunity

 

On June 30, 2026, Polibeli Group Ltd. (the “Company”) entered into a non-binding memorandum of understanding (the “MOU”) with AUTHAIKAM COMPANY LIMITED, a Thailand-based company, to establish a preliminary framework for evaluating a potential artificial intelligence (“AI”) computing center opportunity in Thailand.

 

Pursuant to the MOU, the parties intend to cooperate in preliminary evaluation activities, including information exchange, site visits, land and power assessments, due diligence, and discussions regarding potential project development.

 

The contemplated project, if pursued, may involve a planned power capacity of up to approximately 100 megawatts (MW). The project is currently at a preliminary evaluation stage, and the Company has not made any decision to proceed with the proposed project or to commit any capital investment.

 

The MOU is non-binding, except for certain customary provisions relating to, among other matters, confidentiality, compliance, governing law and dispute resolution. Any future project or transaction remains subject to, among other things, satisfactory due diligence, commercial and technical feasibility, internal approvals, financing availability, applicable regulatory approvals, and the execution of definitive agreements.

 

Forward-Looking Statements

 

This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “targets,” “projects,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” “potential,” “continue,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans and expectations, are forward-looking statements. This announcement contains forward-looking statements regarding the Company’s strategic initiatives, expansion plans, projected market opportunities, AI integration opportunities and future business performance.

 

Forward-looking statements involve inherent risks and uncertainties, many of which are beyond the Company’s control, including the possibility that the definitive agreements in relation to the proposed project discussed in this announcement will not be concluded, and the possibility that the purposes of the MOU will not materialize as contemplated. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: materialization and implementation of the Company’s strategic initiatives; potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; any actions by third parties including government agencies; the expected growth of the digital solutions market; cybersecurity risks; the geopolitical, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

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SIGNATURE

 

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.

 

 

  Polibeli Group Ltd
     
  By: /s/ Fucheng Yan
    Name: Fucheng Yan
    Title:  Chairman and Director
     
Date: July 2, 2026    

 

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FAQ

What did Polibeli Group Ltd (PLBL) announce in this Form 6-K?

Polibeli Group Ltd announced a non-binding memorandum of understanding with a Thailand-based company to evaluate a potential AI computing center project in Thailand, focusing on preliminary assessments like information exchange, site visits, and feasibility analysis before any investment decision.

Is Polibeli Group Ltd committing to build the AI computing center in Thailand?

No, Polibeli Group Ltd has not decided to build the AI computing center. The company emphasized the project is at a preliminary evaluation stage, with no capital committed, and any decision depends on due diligence, feasibility, internal approvals, financing, regulation, and definitive agreements.

What is the potential scale of Polibeli Group Ltd’s AI computing center opportunity?

The contemplated AI computing center project may involve a planned power capacity of up to approximately 100 megawatts. This figure signals a potentially large-scale infrastructure opportunity, but it remains conditional on evaluation results and the eventual decision to proceed with the project.

Which activities are covered under Polibeli Group Ltd’s AI computing center MOU?

The MOU covers preliminary evaluation activities, including information exchange, site visits, assessments of land and power availability, due diligence, and discussions on possible project development. These steps are designed to determine whether a full AI computing center project in Thailand is commercially and technically feasible.

How binding is Polibeli Group Ltd’s AI computing center memorandum of understanding?

The memorandum of understanding is expressly non-binding regarding the project itself. Only customary provisions, such as confidentiality, compliance, governing law, and dispute resolution, are binding. Any actual AI computing center project would require separate, definitive agreements between the parties.

What risks does Polibeli Group Ltd highlight about the AI computing center opportunity?

Polibeli notes that forward-looking statements involve risks and uncertainties, including that definitive agreements may never be concluded and the MOU’s purposes may not materialize. Other cited risks include strategy execution, economic conditions, regulatory actions, cybersecurity, and market developments in its operating regions.