Temasek-backed Vertex gets approval to list SPAC in Singapore

Photo: Vertex Holdings

Vertex Venture Holdings, which is backed by Singapore state investor Temasek Holdings, said its special purpose acquisition company (SPAC) had received an eligibility-to-list letter from the city-state’s exchange.

Several funds are planning to list SPACs in Singapore, encouraged by new rules introduced by the Singapore Exchange and the easing of some measures that had been viewed as too strict by participants.

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