Largest listed company in Singapore by market capitalisation
Singapore Telecommunications (SingTel) is a group with businesses in telecommunications, data and Internet services, info-communications technology and pay TV. The largest public-listed company in Singapore by market capitalisation, SingTel derives over 70 per cent of its revenues from international investments and operations (as of 2010). It has significant stakes in telecommunications companies in India, Indonesia, Australia, the Philippines, Pakistan, Bangladesh and Thailand. SingTel debuted on the Stock Exchange of Singapore with more than 1.4 million Singaporeans and foreign and local institutions acquiring shares in the company. With a share capital of 15.25 billion shares and a market capitalisation of S$60 billion at the time, SingTel became the largest company on the Exchange. SingTel concluded a S$1.73 billion joint venture with the Virgin group to set up Virgin Mobile (Asia), an equally-owned mobile service company.
1. Businesses in telecommunications, data and Internet services, infocommunications technology and pay TV
2. Cumulative overseas investment was around S$7.5 billion
3. Leading global player with multinational presence system