SINGAPORE -- The Singapore Exchange will get help from government-linked sources to boost anemic technology listings as it prepares to welcome special-purpose acquisition companies (SPACs) to the stock market.
As SPACs beckon, city-state unveils plan to draw likes of high-growth startups
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 -- The Singapore Exchange will get help from government-linked sources to boost anemic technology listings as it prepares to welcome special-purpose acquisition companies (SPACs) to the stock market.