ComfortDelGro stuck in a jam as competition watchdog extends Uber alliance review

SINGAPORE (Feb 20): RHB is maintaining its “neutral” call on ComfortDelGro with a target price of $1.98.

This came on the back of the Competition Commission of Singapore (CCS) identifying issues that, the house believes, needs further in-depth assessment before it makes any decision about the proposed strategic alliance between Comfort and Uber.