Singapore may bolster SGX with launch of state funds for SPAC, pre-IPO investments

Singapore Exchange REUTERS/Edgar Su

Singapore is looking to invest directly into pre-IPO and blank cheque companies on the Singapore Exchange (SGX) to bolster listings on the bourse, according to several sources aware of the matter.

One source told DealStreetAsia that Singapore plans to announce three government-linked funds to support this initiative.

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