SPACs can benefit Singapore, but implementation will determine success: participants
Add BT as a preferred source
Singapore
ALLOWING Special Purpose Acquisition Companies (SPACs) to list in Singapore can benefit the Singapore markets, and there is interest from investors and sponsors in the structure, but market participants said success would depend on how the listing rules are drawn up.
Last week, Singapore Exchange Regulation (SGX RegCo) said it was considering a public consultation, possibly as early as this quarter, on SPACs listings, given their current popularity globally.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Lazada cuts about 5% of workforce, a sign of maturing e-commerce sector in S-E Asia
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
DBS tops list of employers sought by Singapore’s fresh graduates: survey
