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Asia's ultra-rich are piling investments into blank-cheque firms

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Asia's richest families and individuals are jumping on the Spac wagon, investing in the blank-cheque companies that have taken global markets by storm. Family offices including those backed by casino mogul Lawrence Ho are piling into special purpose acquisition companies to generate better returns in the low interest-rate environment. "We're…

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Click here to read the full story: The Straits Times

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