Demand for shares of SPACs continues to be strong


IF there is a particular group of stocks that fuel stock market appetite, drive volumes and raise big money, the trophy would go to special purpose acquisition companies (SPACs).

The SPACs that were listed in 2013 were Sona Petroleum Bhd and Cliq Energy Bhd, which respectively raised RM550mil and RM300mil during their initial public offering.

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Business , Spacs , guidelines , sona , cliq

   

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