Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Aquila Acquisition Corporation / Equity Capital Markets

<ul>
<li>Aquila Acquisition Corporation (AAC) aims to raise around US$300m via Hong Kong’s first SPAC listing.</li>
<li>AAC is promoted by CMB International Asset Management Limited (CMBIAM) and AAC Mgmt Holding Ltd (AACMH).</li>
<li>In this tear sheet, we will talk about the deal background and structure.</li>
</ul>


Aquila Acquisition Corporation (AAC) aims to raise around US$300m via Hong Kong’s first SPAC listing.
AAC is promoted by CMB International Asset Management Limited (CMBIAM) and AAC Mgmt Holding Ltd (AACMH).
In this tear sheet, we will talk about the deal background and structure.


Aquila Acquisition Corporation Tear Sheet - Aiming to Be Hong Kong’s First SPAC Listing

Forensic Analyst

Jason Yap, CFA

Forensic Accounting

<ul>
<li>Two special purpose acquisition companies (SPACs) commenced trading in Singapore in the past week, with a third SPAC to soon follow.</li>
<li>Vertex announced that it secured a key waiver from SGX SPAC rules prohibiting its top executives from selling shares immediately after the de-SPAC combination.</li>
<li>We examine a case for stricter adherence to SGX SPAC rules for better corporate governance and alignment of interests between sponsors and investors, with waivers granted on an exceptional basis.</li>
</ul>


Two special purpose acquisition companies (SPACs) commenced trading in Singapore in the past week, with a third SPAC to soon follow.
Vertex announced that it secured a key waiver from SGX SPAC rules prohibiting its top executives from selling shares immediately after the de-SPAC combination.
We examine a case for stricter adherence to SGX SPAC rules for better corporate governance and alignment of interests between sponsors and investors, with waivers granted on an exceptional basis.


Singapore SPAC Governance - Slow Down on the Moratorium Waivers

Singapore

17LIVE Group Limited operates as a live streaming company. The Company offers pure-play live-streaming platform that streams real-time user-generated videos, as well as allows streamers to interact with their audience live via live chat or games, creating high-quality content. 17LIVE Group serves customers in Asia.

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17LIVE Group (17LIVE SP)

Aquila Acquisition Corporation Tear Sheet - Aiming to Be Hong Kong’s First SPAC Listing

Aquila Acquisition Corporation (AAC) aims to raise around US$300m via Hong Kong’s first SPAC listing. In this note, we look at the deal background...

Sumeet Singh

Singapore SPAC Governance - Slow Down on the Moratorium Waivers

Vertex announced that it secured a waiver from a share sale moratorium. We examine why stricter adherence to SGX SPAC rules is necessary for better...

Jason Yap, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)