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ComfortDelGro (CDG)
Sustainability
ComfortDelGro's carbon emission reduction targets officially approved by SBTi
CDG is the first Southeast Asian land transport operator to have its targets officially approved by the SBTi.
June 13, 2022
Broker's Calls
RHB keeps ‘buy’ on ComfortDelGro with new bus contract in Australia
CDG has recently won a contract to operate bus services in Darwin.
June 06, 2022
Zest
ComfortDelGro's Australian subsidiary wins bid to operate bus services in Darwin
The contract will begin on July 1, in which CDG Australia will operate under the new CDC Northern Territory branding.
June 02, 2022
Results
ComfortDelGro reports 30.4% higher 1QFY2022 PATMI of $76.7 mil
Shares in ComfortDelGro increased 2 cents or 1.44% up at $1.41 on May 13.
May 13, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Zest
Proxy advisers recommended ComfortDelGro shareholders to vote against reappointment of Deloitte & Touche as auditors
Shareholders holding some 74.44% of votes, or 514.6 million shares in CDG, voted against the auditor’s reappointment.
April 29, 2022
Broker's Calls
DBS keeps 'buy' on ComfortDelGro even if YZJFH’s inclusion into STI puts it at risk of removal
The OCBC team has also kept “buy” on CDG with a slightly higher fair value estimate of $1.75 from $1.70 previously.
April 21, 2022
New appointments
SBS Transit appoints CEOs for Bus Business and Rail Services segments
The new appointments are part of a series of leadership changes that kicked off on April 1.
April 01, 2022
AVs and EVs
ComfortDelGro to establish $30 mil Autonomous Vehicle Centre of Excellence
ComfortDelGro chairman Lim Jit Poh called the latest investment a “significant” one, saying it is an investment in CDG's future.
March 30, 2022
Zest
ComfortDelGro to raise taxi fares temporarily due to increase in fuel prices
The temporary fare increase will take effect from April 4.
March 28, 2022