Land Transport Authority (LTA)

SINGAPORE (July 15): Singapore Land Transport Authority (LTA) on Friday announced it is taking over more than 60,000 operating assets from Temasek-owned rail operator SMRT under a new rail financing framework to kick in on Oct 1.

SINGAPORE (June 21): OKP Holdings, the civil engineering company, says subsidiary Eng Lam Contractors Co. has won an $18 million contract for the improvement of the drainage system along Lorong 22 to 44, Geylang, from PUB, Singapore’s National Water Age

SINGAPORE (June 13): Eng Lam Contractors, a wholly-owned subsidiary of infrastructure and civil engineering company OKP Holdings, today announced that it has been awarded two contracts worth a total of $54.7 million by the Land Transport Authority (LTA).

SINGAPORE (June 8): RHB has reiterated its “overweight” rating on Singapore’s land transport sector, after the Land Transport Authority (LTA) on Tuesday issued the tender for the third bus package.