Singapore set to see its first SPAC listings | Video
Singapore will see its first SPAC listings this week, with VTAC and Pegasus Asia making their debuts on the SGX. Special purpose acquisition companies can offer a faster way for private firms to go public than the traditional route. But as Eugenia Lim reports, investing in this asset class has not always proven to be profitable.
Singapore will see its first SPAC listings this week, with VTAC and Pegasus Asia making their debuts on the SGX. Special purpose acquisition companies can offer a faster way for private firms to go public than the traditional route. But as Eugenia Lim reports, investing in this asset class has not always proven to be profitable.