On 08 January 2022, TSMP Law Corporation joint managing partner Stefanie Yuen Thio was quoted in a Bloomberg article on the debut this month of the much awaited SPAC listings in the SGX.

“There’s been a lot of interest in SPACs in Singapore and investors are generally looking for new asset classes to invest in,” she said. “Having blue chip names like Temasek’s Vertex launch the inaugural SPAC is also good for the market.”

She added “I suspect Hong Kong will be a pure-play China market on SPACs and Singapore has the chance to be the ex-U.S. SPAC market.”