Bloomberg Markets and Finance published this video item, entitled “SPACs Will Be Allowed to List in Singapore Starting Friday” – below is their description.
Sep.03 — Singapore Exchange Ltd. has introduced a framework for SPACs to list in the city-state. Rules include a minimum market cap of just about $112 million just half the amount that was originally proposed. Bloomberg’s Lianting Tu reports on “Bloomberg Markets: Asia.”
Bloomberg Markets and Finance YouTube Channel
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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.
The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca.