Goldbell to invest S$70m over the next 5 years to refresh, expand BlueSG fleet
It also plans to expand car-sharing business in the region, with BlueSG serving as the global headquarters
Singapore
VEHICLE leasing and distribution firm Goldbell Group will invest S$70 million over the next five years to refresh and expand BlueSG's electric vehicle fleet, which it is acquiring from Bollore Group.
In addition to repairing, replacing and adding vehicles, Goldbell plans to expand the car-sharing business regionally, with BlueSG serving as the global headquarters.
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital