SGX seeking anchor investor for upcoming pipeline of SPACs

SGX seeking anchor investor for upcoming pipeline of SPACs

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

The Singapore Exchange (SGX) is said to be seeking an “anchor investor” for an upcoming pipeline of Special Purpose Acquisition Companies (SPACs) as a way to build momentum for the asset class on the bourse.

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