BUSINESS● LOW5d ago · Aug 28, 2026, 8:01 AM
Macau tycoon Lawrence Ho’s family office expands into space sector in de-SPAC deal
South China Morning Post · east asia
Black Spade Capital, the family office of Macau casino billionaire Lawrence Ho Yau-lung, has announced its third de-SPAC deal through a merger with a satellite communications firm, a move granting it access to the space technology sector. Under the agreement, Singapore-based Astrum Space will combine with blank-check company Black Spade Acquisition III (BIII) at an equity value of about US$1 billion. The combined entity, Astrum Space Company, would seek a listing on the New York Stock Exchange,...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowWith Sothema, Lamia Tazi wants to conquer the African pharmaceutical marketJeune AfriqueBUSINESS11m agoOllie's Bargain Outlet Non-GAAP EPS of $1.42 beats by $0.30, revenue of $741.3M misses by $6.38M, raises FY guidanceSeeking Alpha TechBUSINESS12m agoFull list of African countries where cars are madeVanguard NigeriaBUSINESS13m agoMortgage applications rise on new purchase demand, rates hit four-week highSeeking Alpha Tech