Agencia Comercial Spirits Ltd.

Agencia Comercial Spirits Ltd. (AGCC) is strategically expanding into high-performance AI computing infrastructure and cloud services, securing a five-year computing technology services agreement worth up to $374.4 million. To fund this pivot and its existing spirits business, the company is offering up to 20 million Class A Ordinary Shares at a discount to its current market price, aiming to raise approximately $209.8 million in net proceeds. This move diversifies AGCC's revenue streams, though the offering is a best-efforts basis with no minimum.

Agencia Comercial Spirits Ltd announced that its Indonesian subsidiary, PT. AGCC AITECH INDONESIA, has entered into additional electricity supply agreements with PT PLN (Persero) for its planned AI computing infrastructure project. These agreements, along with prior arrangements, establish a dual-feed power supply configuration rated at 55,400 kVA per feed, intended to support an approximately 40MW IT load. The subsidiary will pay an aggregate connection fee of approximately IDR 69.9 billion, plus deposits and variable charges. The company notes these are power procurement arrangements and do not guarantee future revenue or profitability.

Agencia Comercial Spirits Ltd. announced that its Indonesian subsidiary, AGCC Indonesia, has secured additional electricity supply agreements with PT PLN for its planned AI computing infrastructure project in Indonesia. These agreements establish a dual-feed power supply, each rated at 55,400 kVA, to support an approximate 40MW IT load requirement for the data center. AGCC Indonesia will pay an aggregate connection fee of approximately IDR 69.9 billion. This marks a significant infrastructure procurement milestone for Agencia's strategic expansion into AI computing and cloud services, though the company notes the agreements are not revenue contracts and the project faces substantial risks.

Agencia Comercial Spirits Ltd. announced the poll results from its Extraordinary General Meeting (EGM) and Class Meetings held on May 20, 2026. Shareholders approved all proposed special resolutions, including a significant increase in the company's authorized share capital and a change in the voting rights of Class B Shares, increasing them from 10 votes to 100 votes per share. Additionally, the adoption of new articles of association and the issuance of 5,000,000 Class B Shares to Ping Shiang Business Ltd. were also approved.

Agencia Comercial Spirits Ltd. announced that its wholly-owned Singapore subsidiary, AGCC Singapore Pte. Ltd., has entered into a five-year computing technology services agreement. The agreement, with a customer in the digital financial services sector, is expected to provide AI computing cloud services and may represent up to approximately US$374.4 million in estimated gross service fees over a 60-month period. This deal marks a significant step in the company's strategic expansion into AI computing services, while it continues its existing whisky import and distribution business.

Agencia Comercial Spirits Ltd., primarily a whisky importer, announced that its wholly-owned subsidiary, AGCC Singapore Pte. Ltd., has entered into a five-year computing technology services agreement. This deal, with a customer in the digital financial services sector, is for AI computing cloud services, including GPU-based resources, and is estimated to be worth up to US$374.4 million in gross service fees over a 60-month period. This represents a strategic expansion for Agencia into AI computing infrastructure, while it continues its existing whisky business.