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CHkoh
2021-12-27

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Temasek-Backed Vertex Wins Nod for SPAC Listing in Singapore

Vertex Venture incorporates a SPAC company in Cayman Islands Firm plans to invest S$30 million via S

Temasek-Backed Vertex Wins Nod for SPAC Listing in Singapore

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The listing is subject to certain conditions as well as the broader market environment.\nVertex Venture plans to invest S$30 million ($22 million) in the SPAC through the subscription of units and intends to contribute up to S$10 million of “at-risk” capital by purchasing warrants in a private placement, the statement said.\nEuropean asset manager Tikehau Capitaland Singapore buyout firm Novo Tellus Capital Partners are also among the first to explore blank-check company listings in Singapore, after the city-state rolled out a framework in September.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1120,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Temasek-Backed Vertex Wins Nod for SPAC Listing in Singapore

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