Singapore aims tighter rules than US to attract blank-check listings
Blog Blog Research Blog 31 Mar, 2021 Author Rebecca Isjwara Singapore plans to have more stringent rules with a stronger emphasis on governance than in the U.S. for blank-check companies that seek a listing on the Asian financial center's exchange. Singapore Exchange Ltd. started a public consultation on March 31 for a regulatory framework for listing special purpose acquisition companies, which are skeleton organizations that launch with the intention of buying and reverse merging with a private company. Under the proposed rules, investors in these...
Source: spglobal.com