SPAC
PropertyGuru plans US SPAC with Bridgetown2, Peter Thiel, Richard Li
Transaction will see enterprise value of US$1.35bil & equity value of US$1.78bil
PropertyGuru’s shareholders, will retain over 70% ownership of listed entity
Khailee Ng: Understanding SPACs, ESGs, and the underlying trends
Important for the first SPACs in Southeast Asia to set benchmark.
Helping firms understand the E and S in ESG to be on ‘right side of history’
