SPACs entry opens exciting chapter for Singapore market, but do your homework before investing

THE Singapore Exchange (SGX) has unveiled its framework for special purpose acquisition companies (SPACs) with easier rules compared to its consultation in March.

Based on the early response from market participants who spoke to The Business Times, most are in favour of the approach taken.

Many called the bourse's approach "balanced", citing SGX's attention to market feedback and praising the framework as attractive to sponsors while retaining elements of investor protection.