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Comfortdelgro Corporation Ltd (CMDG.SI)

CMDG.SI on Stock Exchange of Singapore

2.23SGD
21 Jun 2018
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$-0.10 (-4.29%)
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Latest Key Developments (Source: Significant Developments)

Comfortdelgro Corporation And Uber Technologies To Dissolve Strategic Agreement
Friday, 25 May 2018 

May 25 (Reuters) - Comfortdelgro Corporation Ltd ::COMFORTDELGRO CORPORATION LIMITED AND UBER TECHNOLOGIES INC HAVE AGREED TO DISSOLVE STRATEGIC AGREEMENT.WILL NO LONGER BE ACQUIRING 51-PERCENT-STAKE IN UBER'S UNIT IN SINGAPORE, LION CITY HOLDINGS.PARTIES HAVE MUTUALLY AGREED TO TERMINATE SPA WITH EFFECT FROM 25 MAY.TERMINATION OF SPA IS NOT EXPECTED TO HAVE MATERIAL IMPACT ON EPS OF CO FOR CURRENT FINANCIAL YEAR.  Full Article

Comfortdelgro Corporation To Buy Private Bus Chartering Assets Of AZ Bus Pte Ltd
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Comfortdelgro Corporation Ltd ::TO BUY PRIVATE BUS CHARTERING ASSETS OF AZ BUS PTE LTD FOR $10.25 MILLION.ALL FIGURES IN S$.  Full Article

Comfortdelgro Corporation Says Combined ‍Operations Of Comfortdelgro Savico Taxi And Vietnam Taxi Co Ltd
Friday, 16 Mar 2018 

March 16 (Reuters) - Comfortdelgro Corporation Ltd ::‍OPERATIONS OF COMFORTDELGRO SAVICO TAXI CO HAVE BEEN COMBINED WITH VIETNAM TAXI CO., LTD.BEIJING TIAN LONG DA TIAN VEHICLE INSPECTION CEASED OPERATIONS TEMPORARILY FOLLOWING LOCAL GOVERNMENT'S RE-DEVELOPMENT OF LAND.‍CHENGDU COMFORTDELGRO TAXI BOUGHT REMAINING 10% STAKE IN CHONGQING COMFORTDELGRO DRIVER TRAINING FOR RMB5 MILLION​.EVENTS NOT EXPECTED TO HAVE MATERIAL IMPACT ON EARNINGS PER SHARE OF CO FOR CURRENT FY.  Full Article

Comfortdelgro-Uber Proposed JV Enters Second Phase Of Competition Commission Review
Monday, 19 Feb 2018 

Feb 19 (Reuters) - Comfortdelgro Corporation Ltd ::COMFORTDELGRO-UBER PROPOSED JOINT VENTURE TO ENTER PHASE 2 OF COMPETITION COMMISSION'S DELIBERATION.COMPETITION COMMISSION OF SINGAPORE ADVISED IT WAS UNABLE TO CONCLUDE PROPOSED TRANSACTION WOULD NOT RAISE COMPETITION CONCERNS.  Full Article

Comfortdelgro Corp Posts FY Net Profit Of S$301.5​ Mln
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Comfortdelgro Corporation Ltd ::FY REVENUE S$ 3,970.9 MILLION VERSUS S$4,059.5 MILLION A YEAR AGO.FY NET PROFIT S$ ‍301.5​ MILLION VERSUS S$317.1 MILLION.‍TAX-EXEMPT ONE-TIER FINAL DIVIDEND OF 6.05 CENTS PER ORDINARY SHARE​.‍REVENUE FROM PUBLIC TRANSPORT SERVICES BUSINESS IN SINGAPORE IS EXPECTED TO BE HIGHER​.BUS SERVICE REVENUE IS EXPECTED TO BE HIGHER WITH SELETAR BUS PACKAGE WHICH WILL COMMENCE OPERATIONS ON 11 MARCH 2018.‍RAIL FARE REVENUE WILL BE AFFECTED BY FARE REDUCTION EFFECTIVE 29 DECEMBER 2017​.REVENUE FROM AUSTRALIA BUS BUSINESS IS EXPECTED TO BE HIGHER WHILE REVENUE FROM UK BUS BUSINESS IS EXPECTED TO BE LOWER.‍REVENUE FROM CAR RENTAL AND LEASING BUSINESS IS EXPECTED TO BE MAINTAINED​.  Full Article

Comfortdelgro Corp Buys 51 Pct Stake In Comfortdelgro Insurance Brokers Pte For S$22.9 Mln
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Comfortdelgro Corporation Ltd ::BUYS 51 PERCENT STAKE IN COMFORTDELGRO INSURANCE BROKERS PTE FROM GLOBAL EAST INVESTMENTS PTE LTD FOR S$22.9 MILLION .  Full Article

Comfortdelgro Corp Says Co To Acquire A 51 Pct Stake In Uber's Singapore Unit
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Comfortdelgro Corporation Ltd ::COMFORTDELGRO TIES UP WITH UBER TECHNOLOGIES, INC.ENTERED INTO AGREEMENT WITH MIETEN B.V, AN UBER UNIT, TO ACQUIRE A 51% STAKE IN ITS UNIT IN SINGAPORE, LION CITY HOLDINGS.COMFORTDELGRO CORPORATION - ‍AGGREGATE CASH CONSIDERATION FOR ACQUISITION IS ESTIMATED AT S$295 MILLION​.‍COMFORTDELGRO HAS AGREED TO PAY FOR MORE VEHICLES WHEN UTILISATION INCREASES​.ACQUISITION NOT EXPECTED TO HAVE MATERIAL IMPACT ON EARNINGS PER SHARE OF COMFORTDELGRO GROUP FOR CURRENT FY.  Full Article

Comfortdelgro Corp posts qtrly profit attributable S$‍80.1​ mln
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Comfortdelgro Corporation Ltd :Qtrly profit attributable to shareholders of co S$‍80.1​ million versus S$87.3 million.Qtrly revenue S$‍991.4​ million versus S$1,015.4 million."‍Revenue from public transport services business in singapore is expected to be higher"​."Rrevenue from taxi business is expected to be lower as operating environment continues to be challenging"​.‍"Revenue from automotive engineering services business is expected to be lower"​.‍"Revenue from car rental and leasing business is expected to be lower​".‍"Revenue from Australia bus business and UK bus business are expected to be higher"​.  Full Article

ComfortDelGro Corp says ComfortDelGro Swan to acquire asset of Metro Wa Taxi Management Pty
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - ComfortDelGro Corporation Ltd ::ComfortDelGro Swan acquires business asset of Metro Wa Taxi Management Pty for a cash consideration of A$5.3 million​.  Full Article

Comfortdelgro Corporation says signed exclusivity letter with Uber Technologies
Tuesday, 22 Aug 2017 

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

SE Asia Stocks-Fall after Fed hike; Thailand hits 6-month low

* Singapore shares extend fall to 2-month low * Malaysia down for 5th consecutive session By Nicole Pinto June 14 Southeast Asian stock markets traded lower on Thursday, with Thai shares hitting six-month lows, after the U.S. Federal Reserve raised rates, as expected, and took a more hawkish tone regarding the pace of rate hikes for the rest of the year. The Fed, on Wednesday, raised its benchmark overnight lending rate a quarter of a percentage point and signall