热门标签

Making Malaysian SPACs more attractive

时间:1周前   阅读:5   评论:3

新2网址大全www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

Rules being tweaked to enhance IPO chances in the US

PETALING JAYA: Malaysia is seeing a rising number of special-purpose acquisition companies (SPACs) that are eager to tap opportunities in the US capital market.

Shanghai-headquartered investment bank Arc Group managing partner Carlos Lopez said many companies in Malaysia were interested in listing on the New York Stock Exchange or Nasdaq.

“Currently, Arc has advised nine sponsors that are doing initial public offerings (IPOs) in Malaysia and we are assisting three companies to find targets. Many companies in Malaysia are interested in listing in the United States,” he told StarBiz.

Lopez said one of the problems with Malaysian SPACs is that they did not have a sponsor to vote for the business combination with the target company it wanted to merge with.

“In contrast, one of the benefits of SPACs in the United States is that the sponsor (investors who support a SPAC in its pre-IPO stage) had a vote, so it results in significantly fewer votes needed from public investors and makes the merger easier to complete.”

There are some entry barriers by the government for a SPAC on Bursa Malaysia. Likewise, there are government restrictions in Singapore and Hong Kong. Comparatively, the US market is considered favourable for SPACs, said Lopez.

“Malaysian SPACs have been around for a long time. The United States is the most established SPAC market but Malaysia is more established in this space than countries such as Hong Kong, Singapore and The Netherlands.

,

telegram群组搜索www.tel8.vip)是一个Telegram群组分享平台。telegram群组搜索包括telegram群组搜索、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram群组搜索为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

“Malaysia’s government is working on new rules to make Malaysian SPACs more attractive for investors. We will need to wait until those new rules are effective to see how they will operate and how investors will react.”

Currently, Lopez said Malaysia was not a good option for SPACs until the new regulation is announced.

“To our knowledge, there are 11 SPACs that have filed for IPOs and only two SPACs are successful. The others could not get enough shareholders to accept the deals. The hit rate in this market is deeply unimpressive.

“Since Arc was founded in 2008, we have advised on 27 IPOs, nine of which were from Malaysia,” he said, adding that most of the SPACs sold their shares at US$10 (RM44.45) apiece.

Graphene producer Graphjet Technology Sdn Bhd will become the third Malaysian unicorn to be listed on the Nasdaq Stock Exchange in New York via a merger SPAC, Energem Corp.

The Malaysian unicorn has signed a business combination agreement worth US$1.49bil (RM6.62bil).

SPACs, also known as blank-cheque companies, have no operations and are designed to merge with private companies to take them public. A SPAC typically has two years to do a deal or it must return the money to investors.

Such mergers have become popular alternatives to traditional IPOs in the past few years, allowing companies to raise cash while also making projections the firms typically could not make within the confines of a traditional IPO.

上一篇:皇冠手机网址(www.m10086.vip)

下一篇:trò chơi Tài Xỉu:工资明细表助员工“找回”劳动关系

网友评论

  • 2023-01-26 00:14:49

    While Australian property prices are falling, they remain well above pre-pandemic levels, keeping affordability stretched and suggesting ample scope for additional declines.Bloomberg Economics reckons the RBA is unlikely to lift rates to the peak priced in by money markets of 3.8% by April – more than double the current level – as it would trigger a recession. It sees a terminal rate of 2.75% next year, a little over the central bank’s estimate of neutral and opening up the possibility of a soft landing for the economy. Still, it does see a squeeze ahead for households.网站挺不错的

  • 2023-01-29 00:17:33

    斗鱼的用户规模保持稳定,第三季度,斗鱼移动端平均MAU(月活跃用户)为5710万,环比上涨2.5%。数据的增长,证明了用户并未因为斗鱼缺失部分版权赛事内容而流失,平台上优质的精品自制内容和主播内容依旧保有着强劲的市场竞争力。财报还显示,第三季度斗鱼平均付费用户数量为560万,每付费用户平均收益(ARPPU)增长至319元。专门找来的