December 7, 2023
JMMB Group Limited (JMMBGL) has advised that it is considering a funding partnership with IDB Invest for potential financing of up to US$100 million. JMMBGL has further advised that the actual completion of the transaction is contingent upon various factors, including but not limited to market conditions, authorizations and approvals, and the satisfaction of customary closing conditions. As such, this disclosure serves as notice of JMMBGL’s intent, recognizing the inherent uncertainties in such transactions.
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