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New Rail Financing Framework (NRFF)
Broker's Calls

Bus to be main growth driver for ComfortDelGro even as taxi woes look to be over
SINGAPORE (May 14): RHB Research and CGS CIMB Securities are hanging to their “neutral” and “hold” calls on ComfortDelGro (CDG).
May 14, 2018
Broker's Calls

Can ComfortDelGro grab the bull by its horns?
SINGAPORE (Feb 13): The road ahead is paved with challenges for land transport operator ComfortDelGro.
February 13, 2017

Close to 99% of SMRT shareholders vote ‘yes’ to sale of assets to govt
SINGAPORE (Sept 29): An overwhelming 98.84% of SMRT Corp shareholders on Thursday voted in support of the sale of SMRT Trains’ existing operating assets as part of a new rail financing framework (NRFF) deal.
September 29, 2016
Broker's Calls

Land transport sector ‘neutral’ amid regulatory changes
SINGAPORE (Aug 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s land transport sector amid what has been “a year of many regulatory changes”.
August 19, 2016

Take Temasek’s SMRT offer, says OCBC
SINGAPORE (July 22): OCBC Investment Research says investors should take Temasek’s offer to buy all issued ordinary shares of SMRT Corporation at $1.68 per share in cash by way of a scheme arrangement.
July 22, 2016

DBS also says accept the offer
SINGAPORE (July 21): DBS is advising investors to accept Temasek’s offer of $1.68 per share for SMRT shares, according to a flash note on Thursday.
July 21, 2016
Broker's Calls

Speed bumps ahead for Singapore's land transport sector
SINGAPORE (July 21): Maybank Kim Eng is maintaining its “negative” rating for Singapore’s land transport sector, according to a report issued on Thursday.
July 21, 2016

Should investors accept Temasek’s $1.68 per share offer for SMRT?
SINGAPORE (July 21): UOB has indicated it is inclined to accept the offer price of $1.68 a share for SMRT Corp, according to a Thursday report. The offer share represents an 8.7% premium to its last closing price of $1.545 on July 15.
July 21, 2016
Broker's Calls

Will ComfortDelGro ride on new rail financing framework?
SINGAPORE (July 20): Credit Suisse has maintained its “outperform” rating for transport operator ComfortDelGro (CD) with a lower target price of $3.53, from $3.70 previously.
July 20, 2016








