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
If Europe goes to war, the fallout will be felt in East Asia
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
China’s market is tougher than ever. Where can Singapore firms still find room to grow?
Nvidia CEO says ties to Singapore firm under spying probe were ‘normal’