Global IBO Group Ltd., an Integrated AIGC Animation Platform Provider, Announce Definitive Business Combination Agreement With Bukit Jalil Global Acquisition 1 Ltd.

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Global IBO Group Ltd. ("GIBO"), a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators, and Bukit Jalil Global Acquisition 1 Ltd. ("Bukit Jalil Global") (Nasdaq: BUJA), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement"). Upon completion of the business combination of GIBO and Bukit Jalil Global and related transactions pursuant to the Business Combination Agreement (the "Proposed Transaction"), the combined company (the "Combined Company" or "PubCo") will be renamed "GIBO Holdings Limited" and listed on The Nasdaq Stock Market LLC ("Nasdaq").

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