Synagistics set for Hong Kong listing through merger with SPAC backed by former HKMA head

Quick Summary:

The deal values Singapore-based Synagistics, which provides digital commerce services, at HK$3.5 billion (US$448 million), according to an exchange filing.

Founded in 2014, Synagistics has provided integrated digital commerce solutions to more than 600 brand partners.

A view of Exchange Square in Central, home of Hong Kong stock exchange operator Hong Kong Exchanges and Clearing, on April 2, 2024.

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Article Details

Author / Journalist: Martin Choi

Category: Business

Markets: Hong KongChinaIndonesiaMalaysiaPhilippinesSingaporeSpainThailandVietnam

Topics: Filing Commerce Exchange Capital Digital According Hong Southeast Asia Kong Synagistics

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 06:00:17 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21449422

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