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Special Purpose Acquisition Company (SPAC)
SPACs
Tikehau Capital submits application to SGX for SPAC IPO
It is likely to be the first of such applications in Singapore
October 27, 2021
Company in the news
Grab lowers estimates for full-year adjusted net sales and GMV due to continuing spread of Covid-19
Grab says it expects full-year adjusted net sales of US$2.1 billion to US$2.2 billion from US$2.3 billion previously.
September 14, 2021
Singapore economy
SPACs expected to help Singapore revive dry IPO spell
SGX has hosted just three IPOs this year.
September 06, 2021
Company in the news
FATP’s self-styled ‘Jobs’ and ‘Woz’ pursues US SPAC listing
Asked if Andrada and Lo had considered waiting for SPAC listings to be allowed here, they said they “haven’t really looked at it".
July 29, 2021
Global review
The secret life of SPACs
SPACs are sweeping the world. In 2021 alone, almost US$100 billion have been raised by SPACs.
April 30, 2021
IPO
Grab considering secondary Singapore listing after US SPAC merger: sources
It wasn't clear how much Grab might aim to raise in any secondary listing, sources said.
April 16, 2021
IPO
Grab to list in New York in largest SPAC merger; listing to value Grab at US$35 bil
Grab founder Anthony Tan will own about 2% of the listed entity.
April 07, 2021
Global Economy
Hong Kong, Singapore mulling tighter frameworks for SPAC amid bubble fears
he US-led dealmaking boom has raised about US$100 billion ($134 billion) so far this year.
April 07, 2021
M&A
Grab in advanced talks to merge with Altimeter's first SPAC
The deal could value the Southeast Asian ride-hailing giant at about US$40 billion ($53.6 billion).
March 12, 2021
Global Economy
Briefs: Grab mulls US IPO, Singapore's GDP forecast for 2021, Biden's US$1.9 trillion Covid-19 bill
"Client demand is rising... We continue to evaluate it ... and engage on it." - Goldman Sachs' president on Bitcoin's popularity.
March 12, 2021