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.

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.
ComfortDelGro announces changes to board - THE EDGE SINGAPORE

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.
ComfortDelGro subsidiary divests from Vietnam taxi business - THE EDGE SINGAPORE

Company in the news

ComfortDelGro subsidiary divests from Vietnam taxi business

The total consideration of the transaction exceeds $3.2 million.

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.

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.
ComfortDelGro acquires UK property for $6.6 mil; new site to enable investment in development of new bus garage - THE EDGE SINGAPORE

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.
ComfortDelGro wins $30 mil NUS contract for electric bus shuttle service - THE EDGE SINGAPORE

Contracts

ComfortDelGro wins $30 mil NUS contract for electric bus shuttle service

The NUS electric buses will begin operations from 3Q2022.
ComfortDelGro revenue, PATMI slip in 3Q21 as commuters stay home - THE EDGE SINGAPORE

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.
ComfortDelGro scraps Australia IPO plans - THE EDGE SINGAPORE

Company in the news

ComfortDelGro scraps Australia IPO plans

ComfortDelGro Corporation is no longer pursuing an initial public offering (IPO) for its Australian subsidiary.
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