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

[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.