Transport & Logistics

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.

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.