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CENTRALWEALTHGP Logs Unrealized Profit $1.1B+ on GIBO Investment
Recommend 9 Positive 6 Negative 7 |
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CENTRALWEALTHGP (00139.HK) announced that GIBO Holdings Limited completed a merger with Bukit Jalil Global Acquisition 1 Ltd (NASDAQ: BUJA) through a De-SPAC transaction and is now listed on the Nasdaq Stock Exchange under the ticker GIBO. The Group’s stake in GIBO has been converted into 25.712 million shares of GIBO Holdings. Based on the closing price of GIBO Holdings of USD6.98 per share on 9 May, the Group will record an unrealized profit of approximately HKD1.14 billion from the Group’s investment in GIBO. AAStocks Financial News |
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