APREA Members were invited to provide feedback to the Singapore Exchange Limited (“SGX”) on the proposed regulatory framework for the listing of Special Purpose Acquisition Companies (“SPACs”) on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX-ST Mainboard”) set out in its consultation paper titled “Proposed Listing Framework for Special Purpose Acquisition Companies”. Specifically, the SGX consultation paper seeks feedback on the key features of the proposed listing framework for SPACs to be listed on the SGX-ST Mainboard (“SGX SPACs”) which aim to balance safeguarding investors’ interests against certain concerns posed by the unique features of SPACs and the capital raising needs of the market.
