SGX said to set minimum SPAC value at $200-300m, SE Asian VCs voice concern

SGX said to set minimum SPAC value at $200-300m, SE Asian VCs voice concern

The SGX Centre at Shenton Way. Credit: DealStreetAsia

The Singapore Exchange (SGX) is close to finalising the framework for Special Purpose Acquisition Companies (SPACs) to list, but stakeholders close to these discussions have voiced concerns over key items in the bourse’s proposal.