SBS Transit
SBS Transit shares end 10.8% higher to new record on S$0.4065 dividend
It’s rewarding shareholders with final dividend of S$0.0866 and special dividend of S$0.3199 per share
SBS Transit reports 13% drop in FY2025 net profit, proposes special dividend of S$0.3199 per share
Revenue declined 2.7% to S$1.52 billion, from S$1.56 billion a year prior
Contract to run 26 bus services in Eunos and Serangoon up for bids
[SINGAPORE] Public transport operators have been invited to submit bids to run 26 public bus routes from June 2027 under the Serangoon-Eunos bus package.
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.
