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bus contracting model (BCM)

SBS Transit wins 5-year LTA contract for Bukit Merah Bus Package with $472 mil fee bid

SINGAPORE (Feb 23): SBS Transit has won the five-year contract awarded by the Land Transport Authority (LTA) for the Bukit Merah Bus Package for an estimated total fee of $472 million over the contract period.

Broker's Calls

ComfortDelGro downgraded as taxi business slows

SINGAPORE (Nov 14): RHB Research is downgrading its call on ComfortDelGro (CDG) to “neutral” from “buy” with a lower target price of $2 from $2.60 previously, on expectations that the sequential decline in the group’s Singapore taxi fleet and hi

Results

SBS Transit's 3Q earnings grow 42% to $11.1 mil on higher revenue

SINGAPORE (Nov 9): SBS Transit posted $11.1 million in earnings for the 3Q ended Sept, representing a 42.1% increase from $7.8 million in the same period a year ago.
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