Temasek-backed Tikehau and Financiere Agache file for Singapore's first Spac listing

The new SGX regulatory framework that came into effect on Sept 3 allows listing of Spacs.
The new SGX regulatory framework that came into effect on Sept 3 allows listing of Spacs.PHOTO: ST FILE

SINGAPORE - European asset manager Tikehau Capital and family investment firm Financiere Agache became the first sponsor group to file for the listing of a special purpose acquisition company (Spac) in Singapore.

This will be seen as a vote of confidence in the new rules announced by the Singapore Exchange (SGX) last month that made it the first Asian bourse to host Spacs.

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