A lacklustre market debut for the first two blank-check companies to list in Singapore is raising some questions whether the excitement seen for such vehicles in the U.S. early last year will prevail in Asia.
Tikehau Capital, the global alternative asset management group, today announced that Pegasus Asia, its third sponsored SPAC globally and its first SPAC to be listed in Singapore.
Pegasus Asia is the first Singapore-listed special purpose acquisition company with international backers such as European asset manager Tikehau Capital.