SG Bike gets LTA nod to take over Mobike licence
Singapore
THE Land Transport Authority (LTA) has approved SG Bike's application to take over Mobike's licence in Singapore, a move which would make the local firm the largest bike-sharing operator here.
But the transfer of the licence, which was scheduled to be completed by Friday, is delayed by a few weeks as the firms tie up loose ends.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Room for more offices, homes and green spaces to make Orchard Road more vibrant
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
MAS revises takeover and merger code to enhance competition and disclosures