The SPAC Framework proposes to safeguard investor interests and meet capital-raising market needs.

Special purpose acquisition companies (SPACs) can now list on the Mainboard of the Singapore Exchange Securities Trading Limited (Mainboard). Singapore Exchange (SGX) published the new SPAC listing rules (SPAC Framework), as well as a response paper1 on feedback received after its consultation paper2 on the proposed SPAC Framework. The rules are a welcome addition to existing listing regimes and provide a more balanced framework than the framework originally proposed in the consultation paper.