Bujau keen on RM1bil mergers and acquisitions


KUALA LUMPUR: Bukit Jalil Global Acquisition 1 Ltd (Bujau), a special-purpose acquisition company (SPAC), which successfully listed on the Nasdaq capital market on June 28, is now seeking to focus on merger and acquisition (M&A) opportunities with companies valued at close to RM1bil with promising growth prospects.

Bujau chief executive officer Neil Foo said the SPAC’s M&A strategy involved targeting companies with a market value of over US$200mil (RM907.2mil), showcasing high growth potential.

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