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BUUU to buy majority stake in Brightray, plus US$60M private placements

BUUU signed a definitive agreement to acquire a majority stake in Brightray Science Inc. and signed over US$60 million of private placements. It reports 70MW in operation in Johor and a pipeline targeting ~2GW.

BUUU

BUUU is concurrently relocating its headquarters to Singapore and signing over US$60 million of private placements. SINGAPORE, Sept. 3, 2026 /…