Singapore joins Asia's SPAC frenzy but investors flock to US

Singapore joins Asia's SPAC frenzy but investors flock to US

FILE PHOTO: An SGX sign is pictured at Singapore Stock Exchange July 19, 2017. REUTERS/Edgar Su

Asian exchanges are keen to get in on the boom in “blank-check” company initial public offerings, or SPACs, that has swept the U.S. But the region may not generate the same kind of frenzy.