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SBS Transit
Billion Dollar Club 2021
SBS Transit rolls on with overall sector win; Penguin International leads in shareholders’ returns
In addition, SBS Transit won for the fastest earnings growth and for the best weighted ROE as well.
September 10, 2021
Broker's Calls
DBS starts SBS Transit at 'hold' on 'fair' valuation at current prices
The analysts have pegged a TP of $3.44, which implies a 13% upside to the counter’s market price of $3.03 at close on Sept 1.
September 02, 2021
Broker's Calls
CGS-CIMB sees 'bumpy road to recovery' for SBS Transit
Despite a strong showing in 1Q21, analysts from CGS-CIMB have lowered their target price on SBS. Find out more.
May 17, 2021
Management & Corporate Governance
ComfortDelGro, SBS Transit and Vicom set up board sustainability committees
CGD says the move underscores the group's commitment towards ESG issues and performance.
April 30, 2021
New appointments
SBS Transit appoints Bob Tan as new chairman
Tan previously served on the SMRT board from 2006 to 2017.
April 29, 2021
Zest
SBS Transit Chairman Lim Jit Poh to retire after 18 years, will remain as senior advisor
He will remain as senior advisor of the company following the AGM on Apr 29.
March 25, 2021
Broker's Calls
Review of financing framework for DTL a potential catalyst for SBS Transit: CGS-CIMB
Under the current framework, SBS pays a fixed license fee to operate DTL and bears fare revenue risk.
March 09, 2021
New appointments
SBS appoints Cheng Siak Kian as new CEO
Cheng was previously acting CEO since March 1, 2020.
March 01, 2021
Broker's Calls
SBS Transit an 'add'; Comfort DelGro's net profit for FY2020 expected to be $51 million: CGS-CIMB
It’s a buy for both SBS Transit and Comfort DelGro
February 11, 2021
Results
SBS Transit reports FY2020 earnings of $79.0 mil, thanks to government grants of $109.8 mil
A first and final dividend of 6.30 cents has been proposed for 2020, compared to total dividends of 13.05 cents in 2019.
February 09, 2021