The brave new world of SPACs is up and running in singapore after three of the companies listed on the Singapore Exchange (SGX) mainboard in recent weeks, but the real test is still to come, The Straits Times reports.
The initial signs look promising, with observers noting that the oversubscription to the initial public offerings of Vertex Technology Acquisition Corporation, Pegasus Asia and Novo Tellus Alpha Acquisition points to strong interest from retail and institutional investors. Read more.