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.
Six-to-nine-month delivery — half the conventional timeline; 70MW in operation in Johor, Malaysia; pipeline expected to reach approximately 2GW.
BUUU is concurrently relocating its headquarters to Singapore and signing over US$60 million of private placementsSINGAPORE, Sept.
3, 2026 /…