Seletar Bus Package

SINGAPORE (Sept 29): Maybank Kim Eng is upgrading its call on land transport operator ComfortDelgro (CDG) to “buy” from “hold” while raising its price target on the stock to from $2.25 to $2.40, which implies 16.3 times FY18E earnings per share (E

SINGAPORE (April 20): DBS is keeping its forecasts for ComfortDelgro unchanged for now although subsidiary SBS Transit was announced as the winner of the latest bus package.

SINGAPORE (April 19): SBS Transit on Wednesday won the contract by Singapore Land Transport Authority (LTA) to operate the Seletar Bus Package – the third set of public bus services put up for tender under the Bus Contracting Model.

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.