Temasek-backed firm makes its debut as rules are eased
SINGAPORE: Singapore, seeking to revive its lacklustre fundraising market, is pulling out all the stops to emerge as a key listing venue for smaller sized blank-cheque companies as a firm backed by state investor Temasek made its debut yesterday.
This comes four months after Singapore Exchange (SGX) allowed special-purpose acquisition companies (SPACs) to list, easing proposed rules in response to market feedback.
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