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SPACs may have more success than DCS in bringing tech listings to SGX
While both are favoured by tech players, special purpose acquisition companies have advantages not found in dual-class shares
Published Wed, May 19, 2021 · 09:50 PM
Singapore
THE unique structure of special purpose acquisition companies (SPACs) could help the Singapore Exchange (SGX) attract technology-related listings, even as a previous move to allow dual-class shares (DCS) disappointed.
The SGX's first mover advantage and an ecosystem of fast-growing startups are reasons to be positive, market watchers say.
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