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SMRT Corporation
M&A
The Place Holdings proposes to acquire 51% stake in Sun Xin Investment and Sun Oriental for $47.0 mil
As at 9.30am, shares in The Place Holdings are trading 0.5 cent higher or 6.41% up at 8.3 cents.
May 11, 2022
Deals, joint ventures & alliances
The Place Holdings and SMRT's Stellar Lifestyle to collaborate on various digital initiatives
The Place Holdings and SMRT's Stellar Lifestyle to collaborate and jointly build Singapore's first sky screen.
March 31, 2022
Deals, joint ventures & alliances
SMRT and EuroSports to supply smart electric motorcycles in Singapore and APAC
Under the partnership, SMRT will distribute smart electric motorcycles made by EuroSports.
April 19, 2021
Neo Kian Hong to take over as SMRT Group CEO from August
SINGAPORE (Apr 18): The torch of leadership at SMRT Corp has been handed from one SAF scholar-general to another.
April 18, 2018
Current, ex-SMRT employees charged in $10 mil cheating scheme
SINGAPORE (Dec 29): Current and former employees of SMRT were charged in court on Friday of duping the transit operator into awarding millions of dollars of contracts to companies in which they had a financial interest.
December 29, 2017
Floods, a collision, now lightning? More Singapore rail woes
(Nov 21): Singapore’s beleaguered rail system can’t catch a break. Days after a software glitch caused a train collision that injured more than 30 people, lightning struck a train on the same line. Literally.
November 21, 2017
North-South Line tunnel flooding was preventable, says Khaw
SINGAPORE (Oct 16): Poor maintenance of the stormwater sump pits led to the major North-South Line (NSL) tunnel flooding incident two weekends ago, said Transport Minister Khaw Boon Wan in a public briefing on the matter.
October 16, 2017
SMRT CEO Kuek has five leadership tenets for a rapidly changing world
Desmond Kuek, president and CEO of transport operator SMRT Corp, spent over three decades in the military and public sector before joining the private sector in 2012. His past four years at SMRT have been tumultuous as he battled negative public sentiment
January 09, 2017
Singapore court sanctions Temasek’s scheme of arrangement for SMRT
SINGAPORE (Oct 17): SMRT Corporation on Monday announced that Singapore’s High Court has sanctioned the scheme of arrangement for Temasek Holding’s buyout of the transport operator through its wholly-owned subsidiary.
October 17, 2016
SMRT part of consortium to bid for metro rail project in Bandung
SINGAPORE (Sept 26): SMRT Corporation, as part of a consortium, is bidding for a metro rail project in Bandung city, Indonesia.
September 26, 2016