Temasek's Heliconia Capital said to be eyeing SPAC listing on SGX

Photo by Duy Nguyen on Unsplash

Temasek-backed Heliconia Capital is considering a special purpose acquisition company (SPAC) listing on the Singapore Exchange (SGX), according to several sources familiar with the development.

One source aware of the deal told DealStreetAsia that Heliconia is looking at a S$250-million ($186.3 million) vehicle, with discussions still in the early stages.

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