Northstar evaluates SPAC listing in Singapore, calls it potential game-changer

Patrick Walujo. Photo: Northstar Group

Southeast Asian private equity firm Northstar Group is evaluating a special purpose acquisition company (SPAC) listing in Singapore, according to its co-founder and managing partner Patrick Walujo.

“We are evaluating [a SPAC listing on the SGX]. If we think we can deliver value to the SPAC investors, we may do it,” said Walujo at DealStreetAsia’s Asia PE-VC Summit 2021. 

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