Welcome!
ComfortDelGro (CDG)
Transport
ComfortDelGro acquires 90% stake in wheelchair transport provider for $8.5 mil
The transaction is expected to take place on Jan 24; the consideration will be fully paid in cash.
13 days ago
New appointments
ComfortDelGro's taxi business CEO resigns; Jackson Chia to take over position
Ang’s last day with the group will be on April 1.
19 days ago
Company in the news
ComfortDelGro announces changes to board
ComfortDelGro has announced three changes to its board of directors with effect from Jan 1, 2022.
23 days ago
Company in the news
ComfortDelGro subsidiary divests from Vietnam taxi business
The total consideration of the transaction exceeds $3.2 million.
25 days ago
Broker's Calls
ComfortDelGro’s earnings recovery to sustain in 2022: RHB
The reopening of the economy and international borders in the next three to six months will support CDG’s earnings recovery.
December 17, 2021
Deals, joint ventures & alliances
ComfortDelGro enters into construction logistics business in China via JV
The JV marks the group’s first foray into construction logistics in the country.
November 29, 2021
Property
ComfortDelGro acquires UK property for $6.6 mil; new site to enable investment in development of new bus garage
As at 2.20pm, shares in CDG are trading 3 cents lower or 2% down at $1.47.
November 26, 2021
Contracts
ComfortDelGro wins $30 mil NUS contract for electric bus shuttle service
The NUS electric buses will begin operations from 3Q2022.
November 18, 2021
Results
ComfortDelGro revenue, PATMI slip in 3Q21 as commuters stay home
Covid-19 government relief tapered to $19.8 million from $23.8 million in the previous quarter.
November 11, 2021
Company in the news
ComfortDelGro scraps Australia IPO plans
ComfortDelGro Corporation is no longer pursuing an initial public offering (IPO) for its Australian subsidiary.
November 10, 2021