Vertex, Pegasus SPACs begin trading separately as shares and warrants
VTAC shares closed at S$4.95 on Wednesday; no trades were recorded for Pegasus Asia
Singapore
THE units of Singapore's first 2 special-purpose acquisition companies (SPACs) have begun trading separately as shares and warrants on the Singapore Exchange (SGX).
Vertex Technology Acquisition Corp (VTAC) and Pegasus Asia went public on the Singapore Exchange on Jan 20 and 21 respectively. Their units had traded until last Friday (Mar 4), before the detachment date on Mar 7.
TRENDING NOW
Stocks to watch: Clar, Seatrium, Sheng Siong, MPACT, NetLink NBN, Starhill Global Reit
Singapore government slaps loan curbs on individual private-hire car buyers
If Europe goes to war, the fallout will be felt in East Asia
DBS denies rumours of Indonesia unit merging with Bank Central Asia; analysts see sense in a deal