Transport & Logistics
ComfortDelGro acquires 90% stake of medical transport provider
The acquisition is worth $8.5m.
COE premiums see dip in January open bidding exercise
Category B vehicles saw the biggest decline with a 4% decrease.
Grab's new COO is former SATS president & CEO
Alex Hungate will oversee Grab’s mobility, deliveries, and financial services.
ComfortDelGro CEO to resign
The resignation will take effect on 1 April 2022.
ComfortDelGro enroute to being UK’s second largest coach operator
This is following a $15.84m deal with Stagecoach Group.
Pivoting collectively towards a sustainable and future-ready journey
Yeap Transport won the Team of the Year - Transportation award at the SBR Management Excellence Awards 2021.
Grab debuts on Nasdaq following merger with Altimeter
Its common stock is expected to begin trading on 2 December.
Altimeter approves business combination with Grab
The transaction is expected to close on 1 December 2021.
FLCT acquires property in new UK business park for S$51.5m
The property will be developed into a freehold high-specification facility
ComfortDelGro’s Metroline Travel Limited acquires $6.552m London property
The acquisition will be fully funded by cash through internal resources.
SG implements compulsory ART for land VTL from MY
The tests start on 29 November.
Mapletree Logistics Trust to acquire 17 modern Grade-A logistic properties for $1.4b
Of the 17 properties, 13 are in China, three in Vietnam, and one in Japan.
ComfortDelGro Bus to operate SG's largest e-bus fleet
The company won a $30m contract to operate at the NUS.
Grab suffers $1.34b net loss in Q3
This is a 59% decrease in net profit, YoY.
ComfortDelGro cancels Australian IPO
The IPO was first announced in August 2021.
Singapore to launch VTL with Malaysia
The service is expected to take effect on November 29.
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