Sec Form 3 Filing - Ooi Chyi Chyi @ Bukit Jalil Global Acquisition 1 Ltd. - 2023-06-27-05:00

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ooi Chyi Chyi
2. Issuer Name and Ticker or Trading Symbol
Bukit Jalil Global Acquisition 1 Ltd. [ BUJA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
I/C/O BUKIT JALIL GLOBAL ACQ. 1 LTD., 31-1 TAMAN MIHARJA PHASE 3B, CHERAS
3. Date of Earliest Transaction (MM/DD/YY)
06/27-05:00/2023
(Street)
KUALA LUMPUR, N855200
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Share 1,838,807 ( 3 ) ( 2 ) ( 1 ) I ( 4 ) By Bukit Jalil Global Investment Ltd. ( 5 ) ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Private Warrants $ 11.5 ( 6 ) ( 6 ) Ordinary Shares 212,153 ( 3 ) I By Bukit Jalil Global Investment Ltd. ( 5 ) ( 4 )
Private Rights $ 0 ( 7 ) ( 7 ) Ordinary Shares 424,307 ( 3 ) I By Bukit Jalil Global Investment Ltd. ( 4 ) ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ooi Chyi Chyi
I/C/O BUKIT JALIL GLOBAL ACQ. 1 LTD.
31-1 TAMAN MIHARJA PHASE 3B, CHERAS
KUALA LUMPUR, N855200
X
Bukit Jalil Global Investment Ltd.
I/C/O BUKIT JALIL GLOBAL ACQ. 1 LTD.
31-1 TAMAN MIHARJA PHASE 3B, CHERAS
KUALA LUMPUR, N855200
X
Signatures
Chyi Chyi Ooi /s/ Chyi Chyi Ooi 06/27-05:00/2023
Signature of Reporting Person Date
BUKIT JALIL GLOBAL INVESTMENT LTD. /s/ Chyi Chyi Ooi 06/27-05:00/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Assuming the over-allotment option is exercised by the underwriters of the initial public offering (the "IPO") of Bukit Jalil Global Acquisition 1 Ltd. (the "Issuer") in full within 45 days of the offering, Ms. Chyi Chyi Ooi may be deemed to beneficially own 1,838,807 ordinary shares of the Issuer held by Bukit Jalil Global Investment Ltd. (the "Sponsor").
( 2 )The Sponsor is the record holder of the shares reported herein. Ms. Ooi is the sole director and sole shareholder of the Sponsor. As such, Ms. Ooi may be deemed to have beneficial ownership of the ordinary shares held directly by the Sponsor.
( 3 )Including (i) 1,414,500 ordinary shares of the Issuer acquired by the Sponsor prior to the IPO and (ii) 424,307 ordinary shares of the Issuer underlying the private units ("Private Units") to be acquired by the Sponsor in a private placement simultaneously with the consummation of the IPO. Each Private Units consists of one ordinary share, one-half of one warrant and one right. The amount of shares reported includes up to 187,500 ordinary shares subject to forfeiture to the extent that the over-allotment option by the underwriters is not exercised in full or in part.
( 4 )This statement is jointly filed by Chyi Chyi Ooi and Bukit Jalil Global Investment Ltd. Chyi Chyi Ooi holds an indirect interest in the securities listed in Table I and Table II (the "Securities") by virtue of her direct ownership of the Sponsor.
( 5 )Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
( 6 )As described in the Warrant Agreement, dated June 27, 2023, between the Issuer and Continental Stock Transfer & Trust Company, LLC ("CST"), and filed as Exhibit 4.5 to the Issuer's Registration Statement on Form S-1 (File No. 333-272605), the private warrants may be exercised during the period (a) commencing on the later of: (i) the date of the consummation by the Company of a business combination (described in the Registration Statement), and (ii) 12 months from the effective date of the Registration Statement, and (b) terminating at 5:00 p.m., ET on the earlier to occur of (i) the date that is 5 years after the date on which the Company consummates a business combination, (ii) the Redemption Date as provided in Section 6.2 therein and (iii) the liquidation of the Issuer (as described in the Registration Statement).
( 7 )As described in the Right Agreement dated June 27, 2023, between the Issuer and CST, and filed as Exhibit 4.6 to the Registration Statement, the private rights will automatically convert into 1/10 of one ordinary share upon the completion of the business combination.

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