SG Talk

Full Version: SGX introduces SPAC listing framework
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
SPAC special purpose acquisition company is a company with no commercial operations that is formed strictly to raise capital through an initial public offer 

Will you buy SPAC via SGX exchange ?

source:
https://links.sgx.com/1.0.0/corporate-an..._FINAL.pdf
SPAC is a fad and basically investors handing over a blank cheque based on some fuzzy plan.

Why is SGX just jumping on this to bandwagon...
.
Sgx so desperate?
SGX still hasn't learned from the China s-chip saga. First priority should be to build quality frameworks and hence quality listed companies. Not build a framework to allow lousy companies to list.
Not their money is public money that why
(02-09-2021, 07:16 PM)sgbuffett Wrote: [ -> ]SPAC is a fad and basically investors handing over a blank cheque based on some fuzzy plan.

Why is SGX just jumping on this to bandwagon...
.

its sg. kiasu kiabo