Singapore Firm Eyeing Pakistan Telecom Control

While many names are being pointed out regarding parties interested and serious in the privatisation of the telecom giant - PTCL - analysts and market men have started pointing the finger at SingTel - the telecom giant of Singapore - as the proposed buyer of the PTCL. When contacted, analysts mentioned that Temasek Holdings Pte Ltd - the Singapore State Investment Agency - which recently acquired a 25 per cent stake in NDLC-IFIC Bank Ltd (NIB) through its 100 per cent owned subsidiary - Bugis Investments (Mauritius) Pte Ltd - happens to be the holding company of SingTel…