PETALING JAYA: The current framework for special-purpose acquisition companies (SPACs) will be reviewed for greater efficiency, says the Securities Commission (SC).
The move is in response to growing demand for such fundraising vehicles as a cheaper and faster route to the market compared to initial public offerings (IPOs).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!