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SMRT restructuring will continue whatever the outcome of Temasek's offer

But CEO says privatisation will give SMRT more room to push ahead
Friday, September 16, 2016 - 05:50

Mr Kuek said the ownership structure "doesn't change the substance of how we do things". Temasek has already said that they support the business direction that SMRT will take, he added.


WHATEVER the outcome of state-investor Temasek Holdings' offer to take mainboard-listed SMRT Corporation private, the transport operator will still carry out restructuring plans that it has already laid out, its chief Desmond Kuek said on Thursday.

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