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Novo Tellus-backed firm becomes third SPAC to make debut in Singapore

Novo Tellus Alpha Acquisition has become the third special purpose acquisition company firm to list in Singapore

Hong kongIndo pacificDuff phelpsJiang honghuiM sdn bhdSwee yeok chuNeil parekhAsia pacificSu yen wongEleanor seetFinanciere agacheKeith tohKenny linSdn bhdSeow juanSteve lai mun fook

Novo Tellus $111m SGX SPAC to seek targets with free cash flow

The SPAC will seek targets sized between S$500 million ($372 million) and S$1 billion ($744 million) in the Indo-Pacific region.

Hong kongIndo pacificJiang honghuiM sdn bhdSwee yeok chuNeil parekhAsia pacificSu yen wongEleanor seetFinanciere agacheKeith tohKenny linSdn bhdSeow juanSteve lai mun fookAnupama sawhney

Singapore VC firm Vertex Holdings files prospectus for $150m SPAC listing

The SPAC has so far secured the backing of 13 cornerstone investors, who will subscribe to 22.2m cornerstone units at S$5 apiece.

Hong kongSdn bhdSeow juanAnupama sawhneyJiang honghuiStrategy fundVertex venture holdingsVertex coVertex holdingsStrategy investment master fundBank singaporeFullerton fund management companyInvestment fund vertexVertex technology acquisition corporation ltdSingapore exchangeVenezio investments

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