Singapore well placed to grow as an Asian Spac hub, analysts say

SGX's Spac framework sets out clear guidelines to ensure that the interests of sponsors, companies and investors are aligned. PHOTO: ST FILE
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SINGAPORE - The prospect of Asia's first blank-cheque market in Singapore will largely depend on the quality and price performance of the companies it eventually brings in, analysts said.

Two special purpose acquisition companies (Spacs) are likely to debut on the Singapore Exchange (SGX) this month after the bourse launched in September a new framework that is a bit more stringent than the United States' - the world's largest Spac hub.

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