Maples advised Bukit Jalil Global Acquisition 1 Ltd. ("BUJA"), a Cayman Islands special purpose acquisition company, on its business combination with Global IBO Group Ltd. ("GIBO"), resulting in GIBO Holdings Limited becoming a US publicly listed company listed on the Nasdaq Stock Market. The transaction completed on 8 May 2025 and the business combination values GIBO at US$8.3 billion.
GIBO is an integrated AI-generated content animation streaming platform in Asia with over 72 million registered users.
A team of lawyers based in the firm's Hong Kong office, led by Corporate Partner Juno Huang and assisted by Corporate Legal Manager Charmaine Chow, acted as Cayman Islands counsel to BUJA.
BUJA was advised by Robinson & Cole LLP as to US law. GIBO was advised by DLA Piper UK LLP as to US law and Hong Kong law.