Aura Group-backed SPAC files for $100m US IPO
SPAC firm Aura Fat Projects Acquisition Corp has filed to raise $100 million in an initial public offering (IPO) in the US.
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SPAC firm Aura Fat Projects Acquisition Corp has filed to raise $100 million in an initial public offering (IPO) in the US.
Updates from Indonesia’s BukuKas, Moladin, Julo and Bank Fama feature in this edition.
The investment firm is said to have roped in an advisor for the SPAC, which could raise S$250 million ($183 million) from its IPO.
Singaporean investment firms Aura Group and Fat Projects have agreed to explore launching special purpose acquisition companies that target technology businesses in the Asia Pacific region.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (Oct 19)