The Business Times
business-time-50
HOCK LOCK SIEW
·
SUBSCRIBERS

Going around in circles: Do Singapore investors have the appetite for another telco listing?

The potential listing of Circles.Life has given rise to some excited chatter

Summarise
google-preferred-sourceAdd BT as a preferred source
Jude Chan

Jude Chan

Published Wed, Jun 25, 2025 · 06:03 PM
    • Temasek-owned communications technology conglomerate Singtel is the biggest player here, and holds a clear advantage over the competition.
    • Temasek-owned communications technology conglomerate Singtel is the biggest player here, and holds a clear advantage over the competition. PHOTO: BT FILE

    [SINGAPORE] Singapore’s public listing drought has left investors searching for any sign of life in the markets.

    It is understandable, then, that the potential listing of Singapore-based virtual telecommunications player Circles.Life on the Singapore Exchange (SGX) gave rise to some excited chatter.

    Rameez Ansar, chief executive officer and co-founder of Circles, told media last month that the telco was mulling an initial public offering (IPO) here, while the parent company could list on the Nasdaq in New York.

    Hock Lock SiewSingtelStarHubCircles.LifeTelcosIPOSGX

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More