Singapore poised to beat rival Hong Kong in listing first SPACs

Temasek-owned Vertex and Novo Tellus file for 'blank check' IPOs

20220113 SGX

With SPACs on the way, Singapore could draw the attention of investors looking for new opportunities in fast-growing Southeast Asia. (Photo by Akira Kodaka) 

DYLAN LOH, Nikkei staff writer

SINGAPORE -- The Singapore stock exchange is poised to list its first special purpose acquisition company as early as next week, which could put it ahead of rival Hong Kong in welcoming the popular new form of fundraising.

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