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Black Spade Capital Still Intends to Advance SPAC Listing in HK
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Black Spade Capital, the family office of MELCO INT'L DEV (00200.HK)'s Chairman Lawrence Ho, partnered with BOCHK Asset Management to jointly launch a Special Purpose Acquisition Company (SPAC), Black Spade Asia, for listing in Hong Kong in March 2022, but the listing application has lapsed until now. In an interview with Hong Kong Economic Journal, Chi Wai Tam, President and Chief Executive Officer of Black Spade Capital, said that the Company still intends to promote the listing of SPAC in Hong Kong. However, it is expected to take a period of time due to the market situation and factors such as the search for suitable investors. Tam expected to see the successful completion of Hong Kong's first de-SPAC transaction. AAStocks Financial News |
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