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Macau tycoon Lawrence Ho’s family office expands into space sector in de-SPAC deal

South China Morning Post 28 August 2026 1h ago
Macau tycoon Lawrence Ho’s family office expands into space sector in de-SPAC deal
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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 billi
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