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ComfortDelGro (CDG)
IPO
ComfortDelGro seeks IPO listing in Australia for Australian subsidiary
The IPO is planned for the last quarter of 2021.
August 16, 2021
M&A
ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil
CDG is acquiring the business assets of Young’s Bus Services, including 42 buses and two depots.
July 21, 2021
Broker's Calls
Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly
See the analysts' recommendations and target prices here.
June 25, 2021
Broker's Calls
RHB upbeat on ComfortDelGro’s new division, sees strong earnings recovery ahead
RHB has kept its 'buy' rating for CDG and TP of $2 unchanged.
June 08, 2021
Zest
ComfortDelGro reorganises taxi, private bus and car rental services under new division, plans to launch 'mega app'
The app will have CDG's services offered on a single platform to customers.
June 07, 2021
Zest
BlackRock becomes a substantial shareholder of ComfortDelGro
BlackRock now has a deemed interest of 5% in CDG.
May 28, 2021
Company in the news
Pyrford International ceases to be substantial shareholder at ComfortDelGro
Pyrford, in a May 21 filing, sold 81,800 CDG shares to the market on May 20 for a total of $133,669.38, or $1.6341 per share.
May 24, 2021
Broker's Calls
UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore
Singapore Airlines (SIA) remains the brokerage’s key “sell” call as they see travel resuming only after 3QFY2021.
May 21, 2021
Broker's Calls
Analysts maintain 'buy' on ComfortDelGro on improved 1Q21 earnings and as proxy for recovery
Shares in CDG closed 5 cents lower or 3.1% down at $1.58 on May 14, or 1.3 times P/B, according to UOB Kay Hian’s estimates.
May 14, 2021
Results
ComfortDelGro posts 56% growth in 1Q21 PATMI, announces plans to unlock value in Australia
CDG announced that it is exploring various options to unlock the value of its assets in Australia.
May 12, 2021