SPACs

SPACS accounted for over 75% of total SGX listings.

Singapore firms scramble to go public in the last month of the year.

The SPAC size is between $200m to $250m.

Thanks to Singapore introducing guidelines for SPAC listings.

The move would give smaller, faster companies better access to SGX funds.

And Singapore donates 100,000 Pfizer doses to Johor.

The new rules for the SPAC listing are effective starting 3 September.