SBS Transit
Independent panel suggests longer scheduled MRT closures in S’pore to speed up rail renewal
Generally, up to four hours a night are available
Stocks to watch: Singtel, F&N, SBS Transit, Clar, Prime US Reit, Stoneweg Europe, BHG Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 12):
SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024
Sustainability no longer a cost centre but core strategy, say panellists at UOB-BT dialogue
Successful leaders do not outsource ESG to a single department, panellist observes
LTA, SMRT, SBS Transit establish task force to address MRT service disruptions
The Rail Reliability Taskforce will be chaired by LTA chief executive Ng Lang
SBS Transit H1 net profit falls 7.7% to S$31.1 million
However, the company declares a higher interim dividend of S$0.0895 per share
ComfortDelGro, SBS Transit to move out of Braddell headquarters ahead of lease expiry in 2026
[SINGAPORE] Transport giant ComfortDelGro and its subsidiary, SBS Transit, will be moving out of their long-standing Braddell Road headquarters, as the lease on the premises expires in August 2026.
Tampines Changkat MP Desmond Choo resigns from SBS Transit’s board after Cabinet appointment
[SINGAPORE] Member of Parliament for Tampines Changkat single-member constituency (SMC) Desmond Choo resigned from the board of SBS Transit on Monday (May 26).
SBS Transit to develop intelligent braking system for buses
The system will be designed in partnership with Chinese company Streamax and Singapore-based TNT Surveillance
SIA, SBS Transit, PSA among 19 key transport entities to face greater controls under new law
[SINGAPORE] Bus operator SBS Transit, national carrier Singapore Airlines (SIA) and port operator PSA are among 19 key entities in the transport sector that will be subject to greater regulatory scrut...
