SPACS coming to rescue SGX? - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: SPACS coming to rescue SGX? (/Thread-SPACS-coming-to-rescue-SGX)

---

SPACS coming to rescue SGX? - halya - 06-09-2021

https://www.straitstimes.com/business/companies-markets/spacs-can-help-singapore-break-its-driest-ipo-spell-in-years
.

---

RE: SPACS coming to rescue SGX? - halya - 06-09-2021

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-services/venture-hub/spacs-a-viable-option-for-startups.html

---

RE: SPACS coming to rescue SGX? - halya - 06-09-2021

---

RE: SPACS coming to rescue SGX? - Niubee - 06-09-2021

Trader punt paradise

---

RE: SPACS coming to rescue SGX? - Tangsen - 06-09-2021

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.

---

RE: SPACS coming to rescue SGX? - SGSeniorCitizen1952 - 06-09-2021

(06-09-2021, 03:22 PM)Tangsen Wrote:  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!

---

RE: SPACS coming to rescue SGX? - Niubee - 06-09-2021

(06-09-2021, 03:22 PM)Tangsen Wrote:  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

---

RE: SPACS coming to rescue SGX? - SGSeniorCitizen1952 - 06-09-2021

(06-09-2021, 03:44 PM)Niubee Wrote:  Is like RTO.. knn

---

RE: SPACS coming to rescue SGX? - Gemstar - 06-09-2021

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

---

RE: SPACS coming to rescue SGX? - sgbuffett - 06-09-2021

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.

---

RE: SPACS coming to rescue SGX? - sclim - 06-09-2021

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.

---

RE: SPACS coming to rescue SGX? - Gemstar - 06-09-2021

(06-09-2021, 05:08 PM)sgbuffett Wrote:  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.

---

RE: SPACS coming to rescue SGX? - Tangsen - 06-09-2021

(06-09-2021, 03:26 PM)SGSeniorCitizen1952 Wrote:  


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

---

RE: SPACS coming to rescue SGX? - SeewhatLook - 06-09-2021

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

---

RE: SPACS coming to rescue SGX? - ArielCasper - 06-09-2021

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

---

RE: SPACS coming to rescue SGX? - jus4lucky - 06-09-2021

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.

---

RE: SPACS coming to rescue SGX? - Gemstar - 06-09-2021

(06-09-2021, 10:45 PM)jus4lucky Wrote:  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.

---