Blank-cheque companies

SGX needs to take a long hard look at SPACs

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

Seven companies that SPACs could target

ELIGIBLE companies in South-east Asia are fielding a frenzy of offers from blank-cheque vehicles listed in the US, as sponsors look towards the region to deploy capital before their two-year...

Adopt US SPAC rules - but with tweaks for Singapore, say observers

THE Singapore Exchange (SGX) should model its regime for special-purpose acquisition companies (SPACs) after what is being done in the United States, perhaps with small adjustments to improve it,...

Singapore SPAC to merge with the 'Spotify of the Middle-East'

A BLANK-CHEQUE company backed by Singapore-based Vistas Media has agreed to merge with music-streaming service Anghami in a deal that could value the Middle Eastern startup at over US$200 million...

US-listed SPACs exploring S-E Asia for tech targets

THERE is growing interest among US-listed Special Purpose Acquisition Companies (SPACs) to acquire South-east Asian tech firms, thanks to investors' hunt for growth amid a slowing global economy,...

Patrick Grove's Catcha files to raise US$250m for blank-cheque firm

SINGAPORE-BASED Catcha Group has filed to raise US$250 million for a special purpose acquisition company (SPAC), saying the vehicle would target technology companies in South-east Asia and...

Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms

SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed confidentially to launch a special purpose acquisition company (SPAC) targeting...

PE veteran behind LVMH arm launches own US$500m Asia fund

PRIVATE equity veteran and LVMH executive Ravi Thakran has launched a new US$500 million growth fund less than two months after securing his first special purpose acquisition company (Spac), at an...