Singapore companies

Market Insights

Telco tumult: Simba acquisition of M1 collapses; Singtel shares slide as S’pore business weakens

Tuas Limited, the Australian-listed owner of telecommunication operator Simba, said on May 22 it has terminated its sale and purchase agreement to buy shares in another telco M1.

Suspended firms have three years to get back on track, or may be delisted: SGX RegCo

The development comes as SGX Regco seeks to keep trading suspensions to the minimum necessary and provide greater certainty over delisting timelines.

Singapore stocks close higher as investors stay cautious over Mid-East outlook; STI up 0.4%

Across the broader market, gainers outnumbered losers 330 to 244, after 1.4 billion securities worth $2 billion changed hands.

Simba’s parent company Tuas terminates deal to buy shares in M1

Simba continues to operate its business in the Singapore telecommunications market.

Grab group CEO Anthony Tan takes top prize at 41st Singapore Business Awards

Grab group CEO Anthony Tan was credited for steering Grab’s evolution from a taxi-booking app into the region’s leading super app.

National initiative launched to spur SMEs to report carbon footprint, go greener

Gprnt CEO Lionel Wong speaking at the launch of the Green 100 initiative on May 21.

Singapore stocks end flattish amid mixed regional showing; STI up 0.02%

Singapore stocks end lower amid downbeat regional showing; STI down 0.5%

Across the broader market, gainers were outnumbered by losers 258 to 344, after 1.6 billion securities worth $2.3 billion changed hands.

Singapore stocks end higher amid mixed regional showing; STI up 1.5%

Limited choices, slower customer service among key consumer concerns amid telco restructuring

Communicating proactively with consumers is key for restructuring firms to maintain trust, said experts.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.