Donald Chan

Founded in 2014, Circles is a global technology company reimagining the telco industry with its innovative SaaS platform, empowering telco operators worldwide to effortlessly launch innovative digital brands or refresh existing ones, accelerating their transformation into techcos. Today, Circles partners with leading telco operators across 14 countries and 6 continents, including KDDI Corporation, Etisalat Group (e&), AT&T, and Telkomsel, creating blueprints for future telco and digital experiences enjoyed by millions of consumers globally. Besides its SaaS business, Circles operates two distinct businesses: Circles.Life. Which is powered by Circles’ SaaS platform and pioneering go-to-market strategies. It is the digital market leader in Singapore and has won numerous awards for marketing, customer service, and innovative product offerings beyond connectivity. Jetpac. Specializing in travel tech solutions, Jetpac provides seamless eSIM roaming for over 200 destinations and innovative travel lifestyle products, redefining connectivity for digital travelers. Jetpac was awarded Travel eSIM of the Year. Circles is backed by renowned global investors, including Peak XV Partners (formerly Sequoia), Warburg Pincus, Founders Fund, and EDBI (the investment arm of the Singapore Economic Development Board), with a track record of backing industry challengers.

Global strategy consultancy focused on sustainable growth

Pierfront Capital was established in late 2015 as an independent investment company offering junior debt, mezzanine and structured financing solutions in capital intensive businesses across a wide range of sectors including, but not limited to infrastructure, energy, transportation, telecommunications and logistics. Our focus is on growth capital for asset and corporate acquisition, refinancing and project expansion. Pierfront provides structural flexibilities, tailored to meet the needs of companies that require more creative solutions than typically offered by traditional banks and conventional lenders, whilst at the same time ensuring compliance with local financial and other regulatory conditions. As such, Pierfront is positioned as an intermediate provider of funding (in between bank debt and equity). Our investment is also used for funding growth through quasi-equity instruments without witnessing the full dilution typically associated with equity funding. Pierfront Capital is a Temasek portfolio company.

PrimeMovers Equity is a Singapore-based private equity investment management firm that actively works with management teams in the mid-market segment in Southeast Asia through its “Growth and Transformation through Operations” framework. PrimeMovers Equity is a spin-off from Platinum Equity Asia, led by Soo Jin Goh and Randy Teo, who started and were the co-heads of Platinum Equity Asia in 2013. PrimeMovers Equity is a continuation of the team’s proven track records in investing, operating and transforming companies based in Southeast Asia into regional and global champions.

Temasek Trust, established by Temasek Holdings, is a steward of philanthropic assets, advocate of sustainability, and catalyst of positive impact. It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet, uplifting communities, connecting people, and advancing capabilities. In forging new pathways for philanthropy and impact investing with like-minded partners, Temasek Trust aims to promote catalytic philanthropy as a force for good. For more information, please visit https://www.temasektrust.org.sg

CDP is a global non-profit that runs the world’s only independent environmental disclosure system. As the founder of environmental reporting, we believe in transparency and the power of data to drive change. Partnering with leaders in enterprise, capital, policy and science, we surface the information needed to enable Earth-positive decisions. We helped more than 24,800 companies and almost 1,000 cities, states and regions disclose their environmental impacts in 2024. Financial institutions with more than a quarter of the world’s institutional assets use CDP data to help inform investment and lending decisions. Aligned with the ISSB’s climate standard, IFRS S2, as its foundational baseline, CDP integrates best-practice reporting standards and frameworks in one place. Our team is truly global, united by our shared desire to build a world where people, planet and profit are truly balanced. Visit cdp.net or follow us @CDP to find out more. 

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324b, €299b, £250b, RMB2.35t) as at 31 March 2025. Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations. We seek to build a resilient and forward-looking portfolio that will deliver sustainable returns over the long term. We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia. For more information on Temasek, please visit www.temasek.com.sg For Temasek Review 2025, please visit www.temasekreview.com.sg For Sustainability Report 2025, please visit www.temasek.com.sg/SR2025 To keep up with news and insights from Temasek follow us on X: https://x.com/Temasek Facebook: www.facebook.com/temasekholdings YouTube: www.youtube.com/user/temasekdigital Instagram: www.instagram.com/temasekseen Telegram: https://t.me/temasekholdings WeChat: temasek_digital Tiktok: https://www.tiktok.com/@temasek Temasek does not give investment advice, gather personal information or ask for payment from followers.

The Australian Trade and Investment Commission—Austrade—promotes Australian trade, investment, tourism and education to the world. We deliver services to grow Australia’s economic prosperity. We’re experts in connecting Australian businesses to the world and the world to Australian business. Our global network turns local market connections and insights into valuable export and investment support. We contribute to Australia’s prosperity by: - linking Australian businesses to global export opportunities -providing market and industry insights, making it easier for businesses to go global - attracting international investment to drive local jobs and develop skills leading policy and programs for Australian tourism and the visitor economy - attracting international students to study with Australia.