Vertex, Tikehau blank-cheque vehicles lodge prospectuses
Both VTAC and Pegasus Asia are gunning to be the first SPAC listing on SGX
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Singapore
THE race to list the first special purpose acquisition company (SPAC) on the Singapore Exchange (SGX) heated up on Thursday (Jan 6), with two sponsors lodging their preliminary prospectuses with the Monetary Authority of Singapore (MAS).
Temasek-backed Vertex Venture Holdings said in a bourse filing on Thursday afternoon that Vertex Technology Acquisition Corporation (VTAC) had filed its preliminary prospectus for the offer of units in its S$200 million SPAC.
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