Malaysia is reviewing its framework for SPACs, amid a surge in demand for such fundraising vehicles globally, according to the nation’s markets regulator, Bloomberg reports.
The popularity of blank-check companies has exploded over the past year as they offer businesses a quick route to a listing. In Asia, Malaysia’s AirAsia Group Bhd. is exploring the possibility of listing its AirAsia Digital or AirAsia SuperApp in the U.S. this year. Read more.
