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HOCK LOCK SIEW

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

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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

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