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HK Acquisition Corp AGM: Resolutions Pass Unanimously

HK Acquisition Corp. (HK:7841) has released an update. HK Acquisition Corporation announced unanimous approval for all resolutions during its Annua. ....

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SPACs underwhelm in Singapore and Hong Kong in first year

Special-purpose acquisition companies (SPACs) have received a cooler than expected response in both Hong Kong and Singapore, with some launches from early in the year fizzling and few new applications emerging in recent months. Hong Kong, where SPACs launched in December 2021, has seen no new filings in the past two-and-a-half months. The most recent prospectus, that of TechStar Acquisition,. ....

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After Grab's back-door US listing, will SPACs take off in Hong Kong and Singapore?

Last December, ride-hailing and delivery giant Grab made history with its back door listing on the Nasdaq stock exchange. It was the biggest US listing by a Southeast Asian firm and also the world’s largest special purpose acquisition company (SPAC) deal, valued at US$40 billion (S$54 billion). That evening, more than 200 investors, drivers and other employees gathered in a. ....

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