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SGX needs to take a long hard look at SPACs

Investors must have confidence these vehicles are not a way for poor-quality companies to go public
By Raphael Lim
The Business Times
SGX needs to take a long hard look at SPACs
The Singapore Exchange is reportedly hoping to have SPACs list here by the end of this year, with a consultation as early as Q1.
11 Mar 2021 - 05:50

IT is easy to see why the markets are so enamoured of special purpose acquisition companies (SPACs).

Commonly referred to as blank-cheque companies, SPACs are listed shell entities whose purpose is to merge with a private business to take the latter public.

SPACs are easy to list,

Blank-cheque companiesSGXIPOM&A

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