Bukit Jalil Global Acquisition 1 Ltd.

General Information
Business:

We are a newly organized blank check company, based in Kuala Lumpur, Malaysia. (Incorporated in the Cayman Islands) 

We have not identified a company, an industry, a sector or sectors, or a business segment as our focus in our search for targets for an initial business combination. We have not identified a particular geographic region as the focus of our search.

All of our officers and directors are located in Malaysia. 

Seck Chyn “Neil” Foo is our CEO, our CFO and the chairman of our board of directors . His bio, from the prospectus:

“Since October 2022, Mr. Foo has served as an Executive Director of Sinar Tenaga Engineering Sdn Bhd, a construction and maintenance company. Since 2022, Mr. Foo has served as a corporate advisor of Smile-Link Healthcare Global Berhad (Bursa Malaysia: 03023), a Malaysia-based dental services provider. Since October 2020, Mr. Foo has served as the Managing Director of Fission Capital Sdn Bhd, a business advisory company. Since July 2018, Mr. Foo has served as the Group Chairman and an Independent Director of MCOM Holdings Berhad (Bursa Malaysia: 03022), a Malaysia-based investment holding company focusing on segments including mobile payment solutions, mobile advertising platform and Internet services.

“Since September 2019, Mr. Foo has served as a senior advisor of Wise AI Sdn Bhd, an Association of Southeast Asian Nations based artificial intelligence platform company specializing in facial recognition technology. Since October 2021, Mr. Foo has served as the Chief Strategist of NCT Alliance Berhad (Bursa Malaysia: 0056), a Malaysia-based company engaged in construction, real estate and building materials trading. From December 2020 to May 2021, Mr. Foo served as an Investment Director of Novelplus Technology Berhad (Bursa Malaysia: 03045), a Malaysia-based investment holding company engaged in the development, operation and management of an online social reading and writing platform, NovelPlus. From March 2020 to February 2021, Mr. Foo served as the Global Panel Advisor of Ho Wah Genting Berhad (KLSE: 9601), an investment holding company engaged in the provision of management services.

“From April 2014 to May 2018, Mr. Foo served as CEO of Secretariat for the Advancement of Malaysian Entrepreneurs, a unit of the the Prime Minister’s Department of Malaysia to support Malaysia startups and small-medium enterprises. From January 2017 to May 2018, Mr. Foo was also a Committee Member of the Special Task Force Logistic of Ministry of Transport of Malaysia, and, from January 2016 to December 2017, he was a member of the Chairman Group of the Malaysia Representative to the APEC (Asia-Pacific Economic Cooperation) SME Forum. Mr. Foo has authored five books in English and Chinese, including one with the latest topic, “The Sky is the AI Limit.” In December 1993, Mr. Foo obtained his Bachelor’s Degree in Business with a major in Business Management and Marketing from Charles Sturt University, New South Wales, Australia.”

(Note: Bukit Jalil Global Acquisition I Ltd. priced its SPAC IPO on June 27, 2023, in sync with the terms in its prospectus:  5.0 million units at $10.00 each to raise $50.0 million. Each unit consists of one ordinary share, one-half of one redeemable warrant, and one right to receive one-tenth of one ordinary share. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share. Each 10 rights entitle the holder thereof to receive one ordinary share upon the consummation of our business combination. At pricing, Bukit Jalil Global Acquisition I Ltd. became the 17th SPAC IPO priced so far in 2023.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2022
Contact Information
Address 31-1 Taman Miharja Phase 3B, Jalan 3/93, 2 ½ Miles, Cheras Kuala Lumpur, Malaysia 55200
Phone Number +603-91339688
Web Address
View Prospectus: Bukit Jalil Global Acquisition 1 Ltd.
Financial Information
Market Cap $67.86mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol BUJAU
Exchange NASDAQ
Shares (millions): 5.0
Price range $10.00 - $10.00
Est. $ Volume $50.0 mil
Manager / Joint Managers A.G.P. (Alliance Global Partners)
CO-Managers Brookline Capital Markets
Expected To Trade: 6/28/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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