Recent Updates — AGCC
Agencia Comercial Spirits Ltd closed a best-efforts equity offering on July 29, 2026, issuing 20,000,000 Class A ordinary shares at $10.00 per share for gross proceeds of US$200.0 million. The company intends to use the net proceeds primarily to develop its AI computing center-related business in the United States, Japan, and Southeast Asia, including server procurement, infrastructure expansion, and data center land developments, with remaining funds allocated to research and development, working capital, and general corporate purposes. Agencia Comercial Spirits Ltd operates in the technology sector, specifically focusing on artificial intelligence computing infrastructure.
Agencia Comercial Spirits Ltd announced that its subsidiaries have entered into agreements for its planned expansion into AI computing infrastructure in Indonesia. The company entered into a binding letter of award for data center construction in West Java, Indonesia, with a contract amount of approximately US$40 million to US$50 million. Additionally, the company entered into an equipment procurement contract for network infrastructure equipment worth approximately US$10.1 million and a five-year technical service and maintenance agreement with fixed on-site personnel service fees of approximately US$1.0 million. Agencia Comercial Spirits Ltd is a Taiwan-based importer and distributor of whisky products.
On June 11, 2026, the company's Indonesian subsidiary, PT. AGCC AITECH INDONESIA, entered into electricity supply agreements with state-owned PT PLN (Persero) for a planned AI computing infrastructure project. The agreements establish a dual-feed power supply with each feed rated at 55,400 kVA to support a projected 40MW IT load. The subsidiary will pay an aggregate connection fee of approximately IDR 69.9 billion, plus deposits and variable charges. The company noted it may incur significant costs before generating revenue and that these agreements do not guarantee project completion or profitability. Agencia Comercial Spirits Ltd operates in the technology infrastructure sector, focusing on AI computing and data center development.