ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Markets

Singapore Exchange to prepare for $222m SPAC listings

Bourse pitches itself as alternative to US venue for Asia's investors

The Singapore Exchange cut the required market cap for SPACs by half after consultation revealed that stakeholders found the previous level prohibitively high.   © Reuters

SINGAPORE -- Singapore is considering options to lure capital for special purpose acquisition companies, or SPACs, away from the current boom in the U.S., although challenges await the Asian financial hub. The Singapore Exchange announced on Wednesday a regulatory framework for SPACs to list on the SGX and asked the market for feedback.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more