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Will the revival of SPACs on Wall Street spur such listings here?

Former banker Ian Yoong who was a promoter of Red Sena and one of its directors, says he understands that there are a number of parties looking to list SPACs on Bursa Malaysia. Like most of the recently listed SPACs in the US, these promoters are looking to have a technology focused SPAC.
SPECIAL purpose acquisition companies or SPACs have become a hot trend on Wall Street.
The amount of money raised by SPACs in the past 12 months has topped US$120bil, going by Bloomberg data. The fever is spreading closer to home. Indonesia’s Gojek and Tokopedia are considering floating SPACs in the US, instead of taking an initial public offering route. ....

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Malaysian economy to be back in positive growth this year: World Bank Group

23 Feb 2021 / 09:30 H.
KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record. said the group expects the vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices.
“We are projecting a global growth of 4.0% this year. As for Malaysia, we project economic growth this year to range between 5.6% and 6.7%,” he said during the virtual 2021 Malaysia’s Economic and Strategic Outlook Forum (Mesof) titled: “The Post-Covid-19 New Normal – Where Do We Go From Here” on Monday. ....

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M'sian economy to recover on effective vaccine deployment: WB | Daily Express Online

Published on: Tuesday, February 23, 2021
By: Bernama
Text Size:
The vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices.
Kuala Lumpur: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record said the group expects the vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices. ....

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Malaysian economy to recover in 2021 on effective vaccine deployment, says World Bank | Malaysia

KUALA LUMPUR, Feb 22 Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said. Its Macroeconomics, Trade and Investment Global. ....

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Malaysian economy to recover in 2021 on effective vaccine deployment — World Bank

Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on sustained progress in vaccine roll-outs that will boost consumption worldwide, the World Bank Group said. Its macroeconomics, trade and investment global practice lead economist Richard Record said the group expects the vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices. ....

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