ComfortDelgro

Deals, JVs and alliances

ComfortDelGro's Rent-A-Car bulks up on prime movers

SINGAPORE (Aug 5): ComfortDelGro's car rental and leasing arm, Rent-A-Car (CRAC) is adding five prime movers to its fleet to muscle its way into the heavy vehicle arena.

Broker's Calls

Singapore offers buffet of attractive yield plays amid the easing policy environment, says UOB

SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world conti

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election tha

Broker's Calls

The worst looks over for taxis

SINGAPORE (Sept 27): Phillip Capital is keeping an “overweight” recommendation on the land transport sector due to positive industry restructuring following the exit of Uber and the worst being ove

ComfortDelGro said to be in talks with Indonesia's Go-Jek to explore partnership

SINGAPORE (Apr 25): ComfortDelGro is said to be in talks with Indonesia’s ride-hailing app provider Go-Jek to explore a partnership even as its tie-up with Uber comes under threat.

M&A

ComfortDelGro acquires Aussie private non-emergency patient transport services provider for $30 mil

SINGAPORE (Apr 9): ComfortDelGro Corporation is expanding into the non-emergency patient transportation business through an A$30 million ($30.2 million) acquisition Down Under.

Sector Focus

Regulatory changes expected to drive earnings for Singapore's land transport sector

SINGAPORE (Mar 22): Phillip Capital is maintaining an “overweight” for Singapore’s land transport sector on regulatory reviews and changes with ComfortDelGro (CDG) its top “buy” pick with a $2.50 t

Broker's Calls

Hints of stabilisation in taxi earnings environment a good sign for ComfortDelGro

SINGAPORE (Mar 21): OCBC says encouraging indicators pointing to a more stabilised earnings environment for Singapore taxi operators were seen in the recent few months leading up to Jan 18.

M&A

ComfortDelGro-Uber joint venture enters Phase 2 of regulatory review

SINGAPORE (Feb 19): ComfortDelGro (CDG) says its partnership with Uber Technologies is entering the second stage of the Competition Commission of Singapore’s (CCS) deliberation with regards to the

ComfortDelGro and Uber launch UberFLASH services in Singapore

SINGAPORE (Jan 18): Local taxi operator ComfortDelGro and ride hailing app Uber have launched UberFLASH, a new service to reduce waiting times by matching passengers to the nearest uberX vehicle or

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