It's not end of the road for taxi business: Trans-cab boss

HIS first mode of transportation was the humble bicycle, which he upgraded to a motorbike when he started working.

Today, Teo Kiang Ang, 69, a secondary school dropout, is surrounded by cars. As the executive chairman and chief executive officer of Trans-cab Holdings, he owns Singapore's second largest taxi fleet.

The company was recently in the news for postponing its plans to list on the Singapore Exchange (SGX) Catalist board due to market conditions having been weakened by the coronavirus outbreak.