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Singapore’s Spac wave may only start next year

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
Singapore’s Spac wave may only start next year
The eagerly anticipated launch of SPAC listings in Singapore may only take place in 2022.
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The launch of special purpose acquisition company (Spac) listings in Singapore, which has been eagerly anticipated since the Singapore Exchange introduced favourable framework in September, may only take place in 2022.

A number of Spac listing aspirants had submitted their applications. The Edge Singapore understands that the lodging of the preliminary prospectuses may only happen in the new year.

A Dec 2 report by Bloomberg said European asset manager Tikehau Capital and Temasek’s venture capital arm Vertex Holdings are likely to lodge their preliminary prospectuses “as soon as next week.”

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