Introduction to the new SGX Listing Framework for Special Purpose Acquisition Companies

05 Oct 2021

The Singapore Exchange ("SGX") has recently implemented new rules that enables SPACs to list on the Mainboard of Singapore Exchange Securities Trading Limited (“SGX-ST”) ("Mainboard") (the “SPAC Framework”). The listing of SPACs on the SGX-ST provides an additional pathway for companies to access public markets with greater certainty on price and execution. We will be discussing the new route to listing on the SGX-ST in two parts. Part 1 will set out some of the conditions to be satisfied under the SPAC Framework for a proposed SPAC listing and Part 2 will discuss some litigation risks arising from such proposed SPAC listing.

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