Updated: Mar 25
Morrison & Foerster partner Lip Kian Ang has been quoted in an article, “Singapore will need to weigh pros and cons of SPACs” by the International Financial Law Review which looks at the challenges and opportunities of allowing special purpose acquisition companies (SPACS) to list on the SGX.
“SGX’s consideration of SPAC’s listings will come as welcome news for companies and investors in the Southeast Asia tech start-up ecosystem, which has matured to a point where many prominent companies are considering exits via public listings” says Lip Kian.
“Many of the investors in these companies, and a number of those companies themselves, already have operations or headquarters in Singapore,” said Ang. “Singapore would naturally come to mind when shortlisting options for listing destinations.”
For further information, please contact:
Lip Kian Ang, Partner, Morrison & Foerster