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Temasek-backed venture readies for SPAC IPO in Singapore

Vertex Holdings looks to list $150m blank-check company by year-end

Vertex Holdings is likely to be one of the first blank-check companies to list on the Singapore Exchange.   © Reuters

SINGAPORE -- Vertex Holdings is looking to list a 200 million to 250 million Singapore dollar ($150 million to 185 million) special purpose acquisition company on the Singapore Exchange, according to sources close to the matter.

Vertex is one of Southeast Asia's oldest venture capital funds, managing about $6 billion of assets globally.

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