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The board of Global InterConnection Group Limited resolved to spin out Atlantic SuperConnection (ASC Energy) from GIG on April 9, 2025, as a step towards raising funding for the project to reach Final Investment Decision.
“The Board of Global Interconnection Group Limited (GIG) is pleased to confirm that the independent directors resolved on the 9th April 2025 to spin out Atlantic SuperConnection (ASC Energy) from GIG.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.