Australian duo David Andrada and Tristan Lo recently incorporated a Singaporean shell company called Fat Projects Acquisition Corp (FATP). They intend to take the company public as a special purpose acquisition company (SPAC), in the hopes of acquiring a business after the IPO.

However, FATP will not be listed on the Singapore Exchange (SGX) as SPACs have yet to be introduced here. Instead, it will be pursuing a SPAC listing on Nasdaq.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook