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Square Peg to raise USD550 million, bullish on Southeast Asian startups

Square Peg to raise USD550 million, bullish on Southeast Asian startups
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Singapore bets on niche SPAC listings to capture tech boom

After years of struggling to emerge from the shadows of regional rivals, Singapore Exchange is looking to establish itself as the hub for blank-cheque firms, riding on regulatory overhaul, support by state firms, and a tech boom in its back yard. Encouraged by the flurry of Southeast Asian tech start-ups seeking funding and the bourse's revised rules, Singapore could list.

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