Novo Tellus Capital Mulls Joining Singapore SPAC Race

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Novo Tellus Capital Mulls Joining Singapore SPAC Race

Bloomberg2021-07-07

Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...

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Lingg
·2021-07-07
.
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TitusT
·2021-07-07
SPAC race!
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2
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pokokoko
·2021-07-07
Opedlls
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1
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patrickLai
·2021-07-07
Oh yes
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- pokokoko:
  no
  2021-07-07
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Seuna
·2021-07-07
Like please
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- jun26:
  
  .
  2021-07-07
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Marcngky
·2021-07-07
Ahh
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- Marcngky:
  Ahh
  2021-07-07
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zingerbells
·2021-07-07
Good
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- zingerbells:
  Ok
  2021-07-07
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Platypat
·2021-07-07
First
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- SirBahamut:
  Lol
  2021-07-07
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- jghiibfylb:
  .
  2021-07-07
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Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140285682,"gmtCreate":1625661817346,"gmtModify":1703745845633,"author":{"id":"3556461580974741","authorId":"3556461580974741","name":"TitusT","avatar":"https://static.tigerbbs.com/c0323f1af342a32b4c61be5a1e24f060","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"SPAC race!","listText":"SPAC race!","text":"SPAC race!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140285682","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140280537,"gmtCreate":1625661449329,"gmtModify":1703745835917,"author":{"id":"3581939971426189","authorId":"3581939971426189","name":"pokokoko","avatar":"https://static.tigerbbs.com/a2ecfa72bfcaf6497e5b5a50fa2b1fe7","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Opedlls","listText":"Opedlls","text":"Opedlls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140280537","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140237978,"gmtCreate":1625660664994,"gmtModify":1703745819132,"author":{"id":"3585604372962377","authorId":"3585604372962377","name":"patrickLai","avatar":"https://static.tigerbbs.com/baedd77ad7c3a28da1ae2ecc8b2e88aa","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Oh yes","listText":"Oh yes","text":"Oh yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140237978","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5149218,"gmtCreate":1625661463146,"gmtModify":1663230651642,"authorId":3581939971426189,"author":{"id":3581939971426189,"authorId":3581939971426189,"name":"pokokoko","avatar":"https://static.tigerbbs.com/a2ecfa72bfcaf6497e5b5a50fa2b1fe7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140237978,"type":1,"supId":0,"prevId":0,"content":"<u>no</u>","text":"<u>no</u>","html":"<u>no</u>"}],"langContent":"EN"},{"id":140235272,"gmtCreate":1625660532896,"gmtModify":1703745817462,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140235272","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5149114,"gmtCreate":1625660569690,"gmtModify":1663230648762,"authorId":3575595901245834,"author":{"id":3575595901245834,"authorId":3575595901245834,"name":"jun26","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140235272,"type":1,"supId":0,"prevId":0,"content":"<br>\n.","text":"<br>\n.","html":"<br>\n."}],"langContent":"EN"},{"id":140232776,"gmtCreate":1625660483195,"gmtModify":1703745816305,"author":{"id":"3569453111948685","authorId":"3569453111948685","name":"Marcngky","avatar":"https://static.tigerbbs.com/76f2a948c1e8ccfd2a6a8fea71cc8832","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ahh","listText":"Ahh","text":"Ahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140232776","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5149105,"gmtCreate":1625660491143,"gmtModify":1635235059173,"authorId":3569453111948685,"author":{"id":3569453111948685,"authorId":3569453111948685,"name":"Marcngky","avatar":"https://static.tigerbbs.com/76f2a948c1e8ccfd2a6a8fea71cc8832","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140232776,"type":1,"supId":0,"prevId":0,"content":"Ahh","text":"Ahh","html":"Ahh"}],"langContent":"EN"},{"id":140232332,"gmtCreate":1625660422926,"gmtModify":1703745815298,"author":{"id":"3586937180092320","authorId":"3586937180092320","name":"zingerbells","avatar":"https://static.tigerbbs.com/3bc1923ab45918fc3bb5837cc70426b5","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140232332","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5149100,"gmtCreate":1625660431487,"gmtModify":1663230651258,"authorId":3586937180092320,"author":{"id":3586937180092320,"authorId":3586937180092320,"name":"zingerbells","avatar":"https://static.tigerbbs.com/3bc1923ab45918fc3bb5837cc70426b5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140232332,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":140230874,"gmtCreate":1625659975698,"gmtModify":1703745807861,"author":{"id":"3586910069385777","authorId":"3586910069385777","name":"Platypat","avatar":"https://community-static.tradeup.com/news/4ce9037ef4459431155bfa046089601a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"First","listText":"First","text":"First","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/140230874","repostId":1184318010,"repostType":4,"repost":{"id":"1184318010","pubTimestamp":1625659903,"share":"https://www.laohu8.com/m/news/1184318010?lang=&edition=full","pubTime":"2021-07-07 20:11","market":"sg","language":"en","title":"Novo Tellus Capital Mulls Joining Singapore SPAC Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1184318010","media":"Bloomberg","summary":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisi","content":"<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.</p>\n<p>The technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.</p>\n<p>Novo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.</p>\n<p>Deliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.</p>\n<p>Singapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.</p>\n<p>The consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.</p>\n<p>Novo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novo Tellus Capital Mulls Joining Singapore SPAC Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovo Tellus Capital Mulls Joining Singapore SPAC Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/novo-tellus-capital-is-said-to-mull-joining-singapore-spac-race","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184318010","content_text":"Singapore buyout firmNovo Tellus Capital Partnersis considering setting up a special purpose acquisition company to list in the city-state as regulators prepare to authorize the vehicles in the local market, people with knowledge of the matter said.\nThe technology and industrials-focused private equity firm has had preliminary discussions with banks, said the people, who asked not to be identified as the process is private. The company is awaiting official exchange guidelines before making a final decision, the people said.\nNovo Tellus would join Vertex Holdings Ltd., a unit ofTemasek Holdings Pte, in seeking to be among the first to launch a blank-check company in the city-state, Bloomberg Newsreportedthis week. A SPAC-driven surge in listings would benefit Singapore’s exchange, which has seen just three IPOs this year, raising $242 million in total, according to data compiled by Bloomberg.\nDeliberations are ongoing and the firm may decide not to proceed with the vehicle, the people said. A representative for Novo Tellus declined to comment.\nSingapore’s exchangeconsultedthe market on a framework for SPAC listings earlier this year. Regulators proposed requirements including a minimum S$300 million ($223 million) market capitalization threshold for listing a blank-check company.\nThe consultation took place amid a frenzy for SPACs in the U.S. that helped drive first-half global IPO volumes to an all-timerecord. While about $118 billion has been raised through blank-check firm listings globally so far this year, the trend may be losing steam. SPACs accounted for about 13% of IPO volumes in the second quarter, compared to nearly half the amount raised in the first three months, data compiled by Bloomberg show.\nNovo Tellus raised $250 million for its second Southeast Asia fund in December, according to itswebsite. The firm’s portfolio includes stakes inTessolve Semiconductor Pvt., an Indian semiconductor engineering services firm, andProcurri Corp., a Singaporean provider of equipment and services to data centers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5149076,"gmtCreate":1625660212383,"gmtModify":1663230650541,"authorId":3581734227956830,"author":{"id":3581734227956830,"authorId":3581734227956830,"name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","vip":1,"currentWearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every month","bigImgUrl":"https://static.tigerbbs.com/b0cad6192443c33dca826a001250fbd4","smallImgUrl":"https://static.tigerbbs.com/5ccd98c646815ce7610b0df338e060cc","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2003},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140230874,"type":1,"supId":0,"prevId":0,"content":"Lol","text":"Lol","html":"Lol"},{"id":5149083,"gmtCreate":1625660246696,"gmtModify":1663230648930,"authorId":3577791287174233,"author":{"id":3577791287174233,"authorId":3577791287174233,"name":"jghiibfylb","avatar":"https://static.tigerbbs.com/1f64d3a4ef1ac556fdcb480dbc565fbf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140230874,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":54,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}