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SBS Transit Ltd (SBVV.SI)

SBVV.SI on Stock Exchange of Singapore

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

SBS Transit says co negotiated contract with Land Transport Authority
Thursday, 11 Aug 2016 06:49am EDT 

SBS Transit Ltd : Negotiated contract between the lta and SBS Transit under the bus contracting model) . Company has entered into public bus services contracts (collectively known as the `negotiated contract') with the land transport authority . Estimated total fee over the contract period averaging around 7 years is $5.32 billion . Contract for the operation of public bus services under the bus contracting model . Deal not expected to have a material impact for the current financial year ending 31 December 2016 . All figures in s$ .  Full Article

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