Agencia Comercial Spirits Ltd Announces Entry Into Nonbinding Letters of Intent to Evaluate AI Computing Infrastructure and Data Center Opportunities

Core Viewpoint - Agencia Comercial Spirits Ltd is exploring diversification into AI computing infrastructure and data center opportunities alongside its existing whisky business [1] Group 1: AI Server Lease Framework - The company has entered into a nonbinding letter of intent with Ricloud AI Inc. for a proposed lease arrangement involving high-performance AI computing servers, with an estimated total contract value of USD 120 million for approximately 300 units [2] - A deposit of USD 3.5 million is required within five business days of execution, which is refundable if a definitive lease agreement is not executed due to reasons not attributable to a material breach by either party [3] - Ricloud AI Inc. is listed as a Cloud Partner in the NVIDIA Marketplace, but there is no confirmation from NVIDIA regarding Ricloud's supply capacity or delivery capability [4] Group 2: Indonesia Data Center Site - The company has also entered into a separate nonbinding letter of intent for a proposed land transaction in Indonesia, intended for the development of an AI computing infrastructure and data center site, involving a land parcel of approximately 50,000 square meters [6] - An initial booking deposit of USD 180,000 is required for the temporary reservation of the land, along with a subsequent nonrefundable booking fee of IDR 3,000,000,000 plus VAT (11%) [7] Group 3: Strategic Rationale and Next Steps - The company is evaluating these initiatives as part of a broader review of strategic opportunities outside its core whisky business, with any entry into AI computing infrastructure and data center activities subject to further evaluation, due diligence, and internal corporate approvals [9]