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.
SPAC bubble trouble? Hong Kong, Singapore proceed cautiously aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.
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.
SGX explores joining SPAC party but with restrictions thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
China Daily Global / 2021-04 / 02 / Page009
HK, Singapore seen benefiting from secondary listings By ZHOU MO in Shenzhen, Guangdong | China Daily Global | Updated: 2021-04-02 00:00
The wave of US-listed Chinese companies seeking a secondary listing elsewhere will create enormous opportunities for major Asian stock markets, as the trend is expected to intensify in the near future, market insiders said.
Bourses in Hong Kong and Singapore could enjoy huge opportunities from the wave as more Chinese companies listed in the United States are expected to re-list elsewhere amid uncertainties in Sino-US relations, said Ding Peng, managing director and head of Singapore Investment Banking at China International Capital Corp.