The Business Times
business-time-50
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

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

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    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