SGX looking into listing of special purpose acquisition companies
Consultation could be launched as early as this quarter; move prompted by current popularity of listing such vehicles
Singapore
THE Singapore Exchange is looking into the possibility of listing special purpose acquisition companies (Spacs) and may launch a consultation as early as this quarter.
In a media briefing on Monday, Singapore Exchange Regulation (SGX RegCo) chief executive officer Tan Boon Gin said the exchange has noticed the popularity of Spacs listings in other markets.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI