SOS Limited's subsidiary in Singapore signed a non-binding memorandum with an Indonesian partner to develop a 500MW AI and cloud data center campus in the Galang Batang Special Economic Zone, Bintan Island. The first phase aims for 50MW capacity, targeting hyperscale and AI customers with long-term leases. The project depends on due diligence, financing, regulatory approvals, and definitive agreements. SOS highlights the strategic location near Singapore with competitive power costs and expects to fund the project through equity and project finance. The memorandum is non-binding except for certain provisions, and there is no guarantee the project will proceed as planned.
SOS Limited's AI data center plan is presented here with Pluang's Technology sector snapshot as of Sep 18, 2026 18:51 WIB. Among 150 US tech stocks, 71 rose and 71 fell. Notable movers include STM at USD 49.48 with 100% buy orders, GLW at USD 150.29 with 62% sell orders, and BTDR at USD 11.43 with 99% sell orders.
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