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SPACs' impact on Singapore market will depend on their long-term performance
Published Mon, Feb 14, 2022 · 05:50 AM
Singapore
THE introduction of special purpose acquisition companies (SPACs) in Singapore is a positive development for the local market but not a magic bullet, industry leaders said.
The real test of whether the listing structure will give a fillip to Singapore's equity markets depends on the quality of targets, and sponsors' ability to deliver returns to stakeholders in the long-run.
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