SINGAPORE: Singapore Exchange Ltd (SGX) is proposing introducing regulations to allow the listing of special purpose acquisition companies (SPACs) or blank-cheque firms that have taken United States markets by storm.
“The feedback we have been receiving is that an Asian SPAC would be interesting because Asia is such a fertile ground not just for target companies but also for sponsors, ” Tan Boon Gin, CEO of Singapore Exchange Regulation, told a news conference.
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