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Comfortdelgro Corporation Ltd (CMDG.SI)

CMDG.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Comfortdelgro Corporation says signed exclusivity letter with Uber Technologies
Tuesday, 22 Aug 2017 05:33am EDT 

Aug 22 (Reuters) - Comfortdelgro Corporation Ltd ::Signed exclusivity letter with Uber Technologies for exclusive discussions regarding forming a strategic alliance.  Full Article

Comfortdelgro Corp says qtrly net profit S$79.4 mln
Friday, 11 Aug 2017 05:08am EDT 

Aug 11 (Reuters) - Comfortdelgro Corporation Ltd :qtrly net profit s$ 79.4 million versus s$85.2 million a year ago.Qtrly revenue s$987.2 million versus s$1.02 billion.Revenue from public transport services business in singapore is expected to be higher.Revenue from taxi business is expected to be lower.Revenue from automotive engineering services business is expected to be lower.Revenue from inspection and testing services business is expected to be lowe.Revenue from driving centre business is expected to be maintained..Revenue from car rental and leasing business is expected to be lower..Revenue from bus station business in guangzhou is expected to be lower.Operating environment remains challenging.Board declared a tax-exempt one-tier interim dividend of 4.35 cents per ordinary share.Rail service revenue is also expected to be higher with continued growth in ridership.  Full Article

Cabcharge Australia announces sale of 49% interest in Cityfleet Networks
Wednesday, 28 Jun 2017 09:34pm EDT 

June 29 (Reuters) - Cabcharge Australia Ltd :Sale of 49% interest in Cityfleet Networks.Sale consideration for cabcharge's 49% interest in cfn is £7.9 million.Announces sale of its 49% interest in Cityfleet Networks to its joint venture partner Comfortdelgro Corporation Limited.  Full Article

Comfortdelgro Corp announces acquisition of shares in Cityfleet Networks
Wednesday, 28 Jun 2017 05:33am EDT 

June 28 (Reuters) - Comfortdelgro Corporation Limited ::Acquisition of shares in Cityfleet Networks Limited.Entered into a share purchase agreement to acquire remaining 49 pct stake in Cityfleet Networks Ltd.49 pct interest is acquired from its existing partner Cabcharge Australia Limited for a cash consideration of £7.9 million.‍Acquisition not expected to have material impact on earnings per share for current financial year​.  Full Article

Secura Group says unit enters a two-year strategic alliance with Comfortdelgro Insurance Brokers Pte
Wednesday, 24 May 2017 05:30am EDT 

May 24 (Reuters) - Secura Group Ltd :Unit entered into a two-year strategic alliance with comfortdelgro insurance brokers pte ltd.Under alliance, Red Sentry will offer cyber security related consultancy, products and services to cdgi's enterprise customers.  Full Article

Comfortdelgro says qtrly net profit S$82.5 mln
Friday, 12 May 2017 05:08am EDT 

May 12 (Reuters) - Comfortdelgro Corporation Ltd :qtrly net profit s$ 82.5 million versus s$73.4 million a year ago.qtrly revenue s$ 972.0 million versus s$995.6 million.revenue from public transport services business in singapore is expected to be higher..revenue from australia bus business is expected to be higher.revenue from uk bus business is expected to decrease from foreign currency translation effect of weaker £..revenue from bus station business in guangzhou is expected to be lower.revenue from taxi business is expected to be lower..revenue from automotive engineering services business is expected to be lower.revenue from driving centre business is expected to be maintained..revenue from inspection and testing services business is expected to be lower.operating environment remains challenging and costs will continue to be managed prudently..revenue from car rental and leasing business is expected to be lower..  Full Article

Comfortdelgro Corporation says Yang Ban Seng stepped down as CEO, taxi business
Tuesday, 2 May 2017 05:48am EDT 

May 2 (Reuters) - Comfortdelgro Corporation Ltd ::Yang Ban Seng stepped down as Chief Executive Officer, taxi business.  Full Article

Comfortdelgro Corp appoints Yang Ban Seng group CEO
Friday, 28 Apr 2017 06:18am EDT 

April 28 (Reuters) - Comfortdelgro Corporation Ltd :Appoints yang ban seng as managing director / group chief executive officer of comfortdelgro corporation.  Full Article

ComfortDelGro Corporation says Kua Hong Pak steps down as CEO
Friday, 28 Apr 2017 05:42am EDT 

April 28 (Reuters) - ComfortDelGro Corporation Limited ::Stepping down of managing director/group chief executive officer.Kua Hong Pak steps down as managing director/group chief executive officer of ComfortDelGro Corporation Limited.  Full Article

Comfortdelgro Corporation says Kua Hong Pak will step down as group Chief Executive Officer
Wednesday, 26 Apr 2017 05:09am EDT 

April 26 (Reuters) - Comfortdelgro Corporation Ltd :Kua Hong Pak will step down as Managing Director/Group Chief Executive Officer.Yang Ban Seng will be appointed as Managing Director/Group Chief Executive Officer.  Full Article

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Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

SINGAPORE Singapore's biggest taxi operator, ComfortDelgro Corp Ltd , entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab.