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Temasek’s Vertex Weighs Singapore’s First SPAC Listing

  • Details haven’t been finalized, pending exchange’s rules
  • Singapore was seeking opinions on SPAC listing framework
relates to Temasek’s Vertex Weighs Singapore’s First SPAC Listing

Source: Vertex Holdings

Updated on

Vertex Holdings Ltd. is planning to raise funds for dealmaking by listing a special purpose acquisition company in Singapore, which could be the country’s first such deal, according to people familiar with the matter.

The venture capital holdings company owned by Temasek Holdings Pte is working with advisers on the potential SPAC initial public offering, said the people, asking not to be named as the process is private. Details of the blank-check company including size and timeline haven’t been finalized, pending listing guidelines by Singapore exchange, the people said.