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Recent Updates — AGCC

September 1, 2026View Source ↗

Agencia Comercial Spirits Ltd announced that its Indonesian subsidiary issued two Letters of Award for mechanical, electrical, and plumbing equipment supply and installation for Phase 1A of the AGCC-JKT01 data center in West Java. The aggregate reference amount ranges from US$65 million to US$75 million, exclusive of value-added tax. These awards advance the company's AI computing infrastructure initiative launched in February 2026, which is now a co-primary business line alongside its premium whisky operations. The Letters of Award become binding upon countersignature and support previously announced arrangements for construction, land, power, and network infrastructure. This development marks continued execution of the strategic undertaking to build AI computing capacity in Southeast Asia.

August 24, 2026View Source ↗

On August 22, 2026, Mr. Liu Shihao resigned as an executive director of Agencia Comercial Spirits Ltd, effective immediately, though he will continue serving as the company's Chief Financial Officer without interruption. The resignation was not due to any disagreement with operations or policies. Consequently, the Board reduced its size to six members, comprising two executive directors (Mr. Li Qiang and Mr. Tsai Yi-Yang) and four independent directors. Committee chairmanships were assigned: Mr. Li Cheuk Hang chairs the Audit Committee, Ms. Lee Su-Jung chairs the Compensation Committee, and Mr. John Robert Fiore chairs the Nominating and Corporate Governance Committee. A supplemental employment agreement was approved to reflect these changes while maintaining Mr. Liu's monthly basic salary of HK$60,000. Agencia Comercial Spirits Ltd operates in the spirits manufacturing and distribution industry.

August 12, 2026View Source ↗

Agencia Comercial Spirits Ltd announced that its subsidiary entered into a five-year networking integration technical services agreement for its planned AI computing infrastructure deployment in Indonesia. The contract involves fixed fees totaling US$10.0 million, covering network planning, system integration, connectivity, and maintenance support, with additional usage-based costs. This milestone supports the company's co-primary AI computing initiative launched in February 2026, which operates alongside its established premium whisky business. CEO Tsai Yi-Yang stated the agreement advances operational capabilities for cloud-based services in Southeast Asia, though management emphasized significant execution risks and noted the deal does not guarantee revenue or profitability. Agencia Comercial Spirits Ltd operates in the premium spirits distribution and AI computing infrastructure development industries.

July 29, 2026View Source ↗

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.

July 17, 2026View Source ↗

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.

June 11, 2026View Source ↗

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.