PE firm Novo Tellus gets green light for SPAC listing on Singapore bourse: report

PE firm Novo Tellus gets green light for SPAC listing on Singapore bourse: report

A man rides an escalator past an electronic screen at the Singapore Exchange Ltd. (SGX) headquarters in Singapore, on Tuesday, June 28, 2016. Photographer: Nicky Loh/Bloomberg

Singapore-based private equity firm Novo Tellus Capital Partners has received approval to list a special purpose acquisition company (SPAC) on the Singapore Exchange (SGX), Bloomberg reported on Tuesday.