It's not end of the road for taxi business: Trans-cab boss
CEO believes industry will not disappear despite threat from ride-hailing startups as the govt supports development of the sector.
Add BT as a preferred source
Angela Tan
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
