Singapore Exchange's SPAC rules seen giving market much-needed boost

Singapore Exchange's SPAC rules seen giving market much-needed boost

FILE PHOTO: An SGX sign is pictured at Singapore Stock Exchange July 19, 2017. REUTERS/Edgar Su

Singapore Exchange’s new rules for special purpose acquisition companies (SPACs) are likely to help it attract regional funds and fast-growing firms, as it seeks to revitalise a staid market for equity listings, market participants said.