SPAC

Right Timing

STI stabilises as Sea sinks, HSI resumes downtrend, as HKEx is ready for SPACs

The STI stayed firm despite the Fed's hawkish stance, but Sea Inc sinks. Hong Kong is ready for SPACs as HSI remains weak
Grab acquiring Malaysian supermarket chain Jaya Grocer - THE EDGE SINGAPORE

M&A

Grab to acquire Malaysian supermarket chain Jaya Grocer

The transaction is expected to complete in the first quarter of 2022.
Grab debuts on the Nasdaq with a pop and drop - THE EDGE SINGAPORE

IPO

Grab debuts on the Nasdaq with a pop and drop

The opening price of US$13.06 gave way within minutes
Grab to make Nasdaq debut on Dec 2 - THE EDGE SINGAPORE

Digital Economy

Grab to make Nasdaq debut on Dec 2

Grab's Class A common stock is expected to begin trading on Thursday under the ticker symbol "GRAB."

SPACs

With an eye on SPAC market, Cantor Fitzgerald becomes latest SGX accredited issue manager for mainboard IPOs

Sectors identified by Cantor include technology, healthcare, and biotech.
Tikehau Capital submits application to SGX for SPAC IPO - THE EDGE SINGAPORE

SPACs

Tikehau Capital submits application to SGX for SPAC IPO

It is likely to be the first of such applications in Singapore

Capital markets

Tikehau Capital joins race for Singapore’s first SPAC

Tikehau is seeking to raise between $250 million and $300 million in the IPO, the people said.

Global Markets

Traveloka is said to halt talks with Thiel and Richard Li-backed Bridgetown SPAC

If the market recovers, Traveloka may revisit talks with Bridgetown or a different SPAC

Global Markets

UK revises SPAC rules to attract listings to London market

The FCA said the shift would provide more flexibility to larger SPACs
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