Global IBO Group Announce Definitive Business Combination Agreement With Bukit Jalil Global Acquisition 1; Upon Completion Of Deal, Combined Company Will Be Renamed "GIBO Holdings Limited" And Listed On Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Global IBO Group Ltd. and Bukit Jalil Global Acquisition 1 Ltd. have announced a definitive business combination agreement. Upon completion, the combined company will be renamed 'GIBO Holdings Limited' and listed on Nasdaq. The closing is subject to regulatory and shareholder approvals.
August 09, 2024 | 4:32 pm
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Bukit Jalil Global Acquisition 1 Ltd. has entered into a definitive business combination agreement with Global IBO Group Ltd. The combined company will be renamed 'GIBO Holdings Limited' and listed on Nasdaq, pending regulatory and shareholder approvals.
The announcement of a definitive business combination agreement is a significant event for Bukit Jalil Global Acquisition 1 Ltd. The renaming and listing on Nasdaq are likely to positively impact the stock price in the short term, pending regulatory and shareholder approvals.
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