12:58 PM EDT, 08/09/2024 (MT Newswires) -- Bukit Jalil Global Acquisition 1 ( BUJA ) and Global IBO Group, an artificial intelligence generated content animation and streaming platform, said Friday they have entered into a definitive business combination agreement.

Upon deal completion, the combined company is expected to be renamed GIBO Holdings and will list on Nasdaq, the companies said. Bukit Jalil is a blank check firm.

The closing of the transactions is subject to customary closing conditions, including regulatory and shareholder approvals, they said.

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