Global IBO Group Partners with Bukit Jalil to Transform Animation Streaming with AI Innovation
Global IBO Group and Bukit Jalil: A New Era in Animation Streaming
On May 8, 2025, Global IBO Group Ltd. (GIBO), an innovative player in AI-generated content (AIGC) animation streaming, finalized its business combination with Bukit Jalil Global Acquisition 1 Ltd. (BUJA), a publicly traded SPAC. This strategic union marks a pivotal moment for GIBO, which will now operate under the name GIBO Holdings Limited, with their shares slated to begin trading on Nasdaq under the symbols “GIBO” and “GIBOW” from May 9, 2025.
This merger has been hailed as a significant leap towards the integration of artificial intelligence within the entertainment sector. With a community of over 72 million registered users spread across Southeast Asia and South Asia, GIBO stands out with its extensive platform that empowers both content creators and viewers. From AI voice synthesis and image generation to scriptwriting and audiovisual synchronization, GIBO facilitates unprecedented creative opportunities that resonate well with the youth of today.
Dereck Lim, Chairman of GIBO, expressed his excitement over the merger, stating, "Today marks a significant milestone in our journey to revolutionize the digital media landscape. This achievement is not just a testament to our success but a springboard for future growth. We are dedicated to expanding our AI solutions globally, allowing creators to realize their visions through our innovative platform."
Zelt Kueh, the CEO of GIBO, reiterated the transformative nature of their Nasdaq listing, highlighting it as a defining milestone for AI-enhanced entertainment. “With this achievement, we are poised to accelerate AI-driven innovation and redefine storytelling for audiences worldwide,” he remarked.
The incorporation of advanced AI tools reflects the industry's rapid shift towards automation and efficiency in content production. GIBO's platform is designed to streamline processes and enhance quality while enabling creators to produce localized and engaging content tailored to diverse audiences.
This business combination has received overwhelming approval from BUJA's shareholders, paving the way for a collaborative effort to lead the animation streaming industry. GIBO aims to harness the power of AI to not only create content at an unprecedented scale but to do so with unmatched speed and appeal.
The partnership's legal and financial advisors include A.G.P./Alliance Global Partners and Robinson Cole LLP for BUJA, while DLA Piper UK LLP is serving as GIBO's legal advisor.
The announcement signifies a momentous occasion not only for GIBO and BUJA but for the animation and entertainment industries at large, as they set the stage for a future where AI technology serves as a cornerstone of creative production. Investors and content creators alike are optimistic about the possibilities this partnership will bring, expecting innovative advancements in the coming years that will transform the way stories are told and experienced.
As the newly formed GIBO Holdings Limited steps into a transformative phase, its commitment to pushing the boundaries of content creation through AI will likely make waves across the entertainment sector, positioning it as a leader in the realm of digital media.
In conclusion, the union between Global IBO Group and Bukit Jalil Global Acquisition 1 Ltd. represents a significant shift in the landscape of AIGC animation streaming. With its robust platform and groundbreaking AI tools, GIBO is poised to lead a revolution in animated content production and streaming, making significant strides in both creativity and technology for years to come.