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Spac bubble fears lead Hong Kong, Singapore down cautious path

The Straits Times Spac bubble fears lead Hong Kong, Singapore down cautious path Pushed by the government, Hong Kong is said to target having its regime in place by the end of the year.PHOTO: REUTERS PublishedApr 7, 2021, 7:30 am SGT https://str.sg/JCzH They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

Singapore Exchange explores joining SPAC party but with restrictions

07 Apr 2021 BY Reuters Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. 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. SGX, the first major Asian bourse to consider the listing of SPACs, is calling for market feedback from Wednesday until April 28 after which it could introduce regulations by mid-year.

RPT-UPDATE 1-Singapore Exchange explores joining SPAC party but with restrictions

07 Apr 2021 BY Reuters Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. 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. SGX, the first major Asian bourse to consider the listing of SPACs, is calling for market feedback from Wednesday until April 28 after which it could introduce regulations by mid-year.

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