[halya]

https://www.straitstimes.com/business/co...l-in-years
.

[halya]

SPACS : A special purpose acquisition company, also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.




https://www.pwc.com/sg/en/financial-serv...rtups.html

[halya]

[Niubee]

Trader punt paradise

[Tangsen]

SPACS is a con job. Listed to acquire companies who unable to IPO because they are not profitable.

Very much like many of our parachute mini-stirs and MPs via GRC under a skirt of a heavy weight.

[SGSeniorCitizen1952]

SPACS is a con job. Listed to acquire companies who unable to IPO because they are not profitable.

Very much like many of our parachute mini-stirs and MPs via GRC under a skirt of a heavy weight.

No difference. SGX or SGXREGCO will query till the cows come home!

[Niubee]

SPACS is a con job. Listed to acquire companies who unable to IPO because they are not profitable.

Very much like many of our parachute mini-stirs and MPs via GRC under a skirt of a heavy weight.

Is like RTO.. knn

[SGSeniorCitizen1952]

Is like RTO.. knn

[Gemstar]

Any products that SGX launch, better be careful and play safe.

[sgbuffett]

After CLOB comes S chips
After S-Chips comes oil exploration stock.
After oil exploration stock now SPACs.

SPACs or blank cheque companies is a way to bypass listing rules and bring in scams.

SGX After all the mess from s chips hyflux Noble Group Best World, Eagle Trust....now wants to allow SPACs.
.
My advice is don't touch...tell others don't touch....and keep reminding everyone Don't Touch! Will end up like s chips.

[sclim]

compared to hkex. sgx has a lot to do.
like information disclosure not fast enough. hkex can see which broking firm holding position after t+2. sgx sai also no have.
still want to force people to use google apps to verify.
need a hard bang to wake up.

[Gemstar]

After CLOB comes S chips
After S-Chips comes oil exploration stock.
After oil exploration stock now SPACs.

SPACs or blank cheque companies is a way to bypass listing rules and bring in scams.

SGX After all the mess from s chips hyflux Noble Group Best World, Eagle Trust....now wants to allow SPACs.
.
My advice is don't touch...tell others don't touch....and keep reminding everyone Don't Touch! Will end up like s chips.

There are even more besides what you mentioned. Adding to yours, semi-chartered, tiger air, nol, citispring, etc., Having said this, all also got tamasick-linked.

[Tangsen]

No difference. SGX or SGXREGCO will query till the cows come home!

Honestly who dare to buy Grab shares if they go via SPACS ... from day one NEVER been profitable every year lose hundreds of millions

[SeewhatLook]

I dont like the idea of empty company buy another conpany to be listed.who set this rules regulation

[ArielCasper]

Will not work.. If I can punt in SPACs in NYSE or even HKEX, why would I want to punt in SPACs in SGX..

[jus4lucky]

sgx needs to resorts to such rulings, degrade its standing now. without a proper procedure of ipo , a new startup is a risk to investor, sgx fail to safe guard at the last resort.

[Gemstar]

sgx needs to resorts to such rulings, degrade its standing now. without a proper procedure of ipo , a new startup is a risk to investor, sgx fail to safe guard at the last resort.

SGX is in dire straits of churning revenues at the expense of the investors. But, if you stays always from such riisky products, you wil never get tricked or burned. One humble advice, don’t be greedy and you wil be safe.