KUALA LUMPUR: Malaysia may see a renewed interest in the special purpose acquisition company (SPAC) listing moving forward, according to Deloitte Malaysia. "Over the last couple of months, we have heard an increasing buzz on SPAC. There were alsoannouncements made on a number of Southeast Asian (SEA) technology-based start-ups seeking a SPAC merger in the capital market in the United States (US),” he said. Last month, the Securities Commission Malaysia said it was still in the midst of reviewing its framework for SPAC listings amid developments in other markets. On the capital markets in Malaysia and SEA, Wong said they have received continued support from retail investors.

Source: The Star October 06, 2021 06:00 UTC