Special Purpose Acquisition Company (SPAC)

Grab to list in New York in largest SPAC merger; listing to value Grab at US$35 bil - THE EDGE SINGAPORE

IPO

Grab to list in New York in largest SPAC merger; listing to value Grab at US$35 bil

Singapore-based technology company Grab looks set to finalise its listing in New York, according to the Financial Times.

Hong Kong, Singapore mulling tighter frameworks for SPAC amid bubble fears - THE EDGE SINGAPORE

Global Economy

Hong Kong, Singapore mulling tighter frameworks for SPAC amid bubble fears

Hong Kong and Singapore are trying to get in on the boom in blank check company listings, while safeguarding investors from what some say is a bubble about to burst.

Briefs: Grab mulls US IPO, Singapore's GDP forecast for 2021, Biden's US$1.9 trillion Covid-19 bill - THE EDGE SINGAPORE

Global Economy

Briefs: Grab mulls US IPO, Singapore's GDP forecast for 2021, Biden's US$1.9 trillion Covid-19 bill

Quoteworthy: "Client demand is rising. We are regulated on what we can do. We continue to evaluate it ...

Global stocks

SPAC boom and SoftBank's mega-rally boost Masayoshi Son's billions

Few fortunes are as volatile as Masayoshi Son’s. The SoftBank Group founder was briefly richer than Bill Gates at the start of the century before tech stocks crashed.

Company in the news

One Championship mulling US SPAC deal

Asian mixed martial arts firm One Championship is considering options including seeking a listing in the US via a merger with a special purpose acquisition company, according to people familiar wit

Company in the news

James Murdoch, Shankar weigh SPAC to acquire Asian media firm

James Murdoch’s investment company Lupa Systems LLC, and a former senior executive at The Walt Disney Co’s Asia unit are weighing a plan to raise funds through a special purpose acquisition company

Financially Savvy

The curious case of SPACs

The Covid-19 pandemic has triggered massive uncertainty in global markets and the US Federal Reserve responded by cutting interests rate to 0.25%.

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