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Special Purpose Acquisition Company (SPAC)
SPACs
VTAC opens for debut trading at $5.25, closes at $5.05
VTAC, on Jan 19, saw its public offer of 600,000 ways 36 subscribed as balloting closed on Jan 18.
January 20, 2022
IPO
Novo Tellus registers spac IPO; offers 10 mil units at $5 per piece
Novo Tellus is the third company to file for its spac listing.
January 20, 2022
SPACs
Vertex's spac IPO 36 times subscribed
Singapore’s first spac VTAC has seen its public offer of 600,000 units 36 times subscribed
January 19, 2022
IPO
Pegasus Asia launches spac IPO amid 'electrifying' atmosphere
CEO Neil Parekh believes the sponsor group’s experience in issuing spacs has given them a key edge over the competition
January 13, 2022
SPACs
How Singapore's SPAC listings may differ from that of the Hong Kong market
Blank-cheque companies are set to make a debut in Singapore this month.
January 10, 2022
Global Economy
Briefs: Ethereum's dominance in DeFi is 'far from given', says JPMorgan
Waning enthusiasm for the Ethereum blockchain could dent the price of Ether.
January 06, 2022
SPACs
HKEX to allow Spac listings from next month
HKEX will allow special purpose acquisition company listings from Jan 1, 2022.
December 17, 2021
M&A
Singapore-based Aura Private Equity acquires majority stake in Australian Vaccine Services
Aura Private Equity is typically seen writing cheques of around US$10 million ($13.7 million) for its acquisitions.
December 06, 2021
SPACs
Tikehau Capital submits application to SGX for SPAC IPO
It is likely to be the first of such applications in Singapore
October 27, 2021
Company in the news
Grab lowers estimates for full-year adjusted net sales and GMV due to continuing spread of Covid-19
Grab says it expects full-year adjusted net sales of US$2.1 billion to US$2.2 billion from US$2.3 billion previously.
September 14, 2021