Wire flash
FinanceSingtel explores dual listing on Nasdaq and SGX, data centre Reit
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Singapore Telecommunications (Singtel) is exploring a dual listing on the Nasdaq and Singapore Exchange (SGX), as well as a potential data centre real estate investment trust (Reit). The moves are part of the company's strategic review to unlock value. Meanwhile, shareholders are pressing the board on the reappointment of auditor KPMG following a confidentiality lapse involving its Australian subsidiary Optus. The article, published by The Business Times on July 29, 2026, highlights both growth initiatives and governance concerns at the telecom giant.
Source report
By: Young Zhan Heng
Singtel is exploring a dual listing on the Nasdaq and the Singapore Exchange (SGX), alongside plans for a data centre real estate investment trust (Reit), according to sources familiar with the matter.
The telecommunications group is considering the move as part of a broader strategy to unlock value from its infrastructure assets and expand its presence in the US capital markets. A dual listing would allow Singtel to tap into a deeper pool of investors while maintaining its primary listing in Singapore.
In addition to the listing plans, shareholders pressed the board on the reappointment of KPMG as the company's auditor, following a confidentiality lapse involving its Australian subsidiary, Optus. The incident has raised governance concerns among some investors, who questioned the board's decision to retain the firm.
Singtel has not publicly confirmed the details of the dual listing or the data centre Reit, but the developments signal a significant shift in the company's corporate structure and capital management approach.
Source
The Business TimesRegional
Part of this Story
Singtel explores Nasdaq-SGX dual listing path, data centre Reit