Agencia Comercial Spirits Ltd announced a conditional agreement to acquire approximately seven hectares of land in West Java, Indonesia, through its subsidiary. The transaction involves an aggregate consideration and electricity connection fee reimbursement equivalent to US$30 million to US$40 million, payable in stages subject to closing conditions including due diligence and title resolution. Final transfer is targeted by January 31, 2027. This acquisition supports the company's planned development of high-performance computing and AI infrastructure alongside its core whisky business. Agencia Comercial Spirits Ltd operates in the premium spirits distribution sector and is developing artificial intelligence computing infrastructure.
