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How Singapore's SPAC listings may differ from that of the Hong Kong market

Bloomberg
Bloomberg1/10/2022 8:47 AM GMT+08  • 3 min read
How Singapore's SPAC listings may differ from that of the Hong Kong market
Blank-cheque companies are set to make a debut in Singapore this month.
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Blank-cheque companies are set to make a debut in Singapore this month as the financial hub, which has struggled to attract new stock listings, gears up for competition from Hong Kong.


See: HKEX to allow Spac listings from next month

Vertex Technology Acquisition Corporation Ltd., sponsored by state investor Temasek’s Vertex Venture Holdings Ltd., is seeking at least $170 million, while Tikehau Capital SCA-backed Pegasus Asia could raise at least $150 million. The listings are slated for Jan 21 and Jan 25, respectively.

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