A Sign Of Merger In Near Future? -ST Report Oct 11, 2005

gorby107 SG

Just like DBS and POSB merged together???? and POSB still can retain their name??? Like that still ok for me. If operated by single operator like that see all the public buses in same livery can be quite sian Laughing Both companies should try to share ideas on their business tatics if they do not want to merge. Will the government forced them to merge if they do not want to do so Rolling Eyes

Yusry SG

Originally posted by cck_190:

hmm...isn't this sort of like Kuala Lumpur's Rapid KL? I read from the website that it is owned by the government by taking ovr the bus companies?And to standardise the ticketing system, they decided to let people use Touch & Go cards on buses & LRTs...sort of like our ezlink.

Since that, the bus services have been improving dramatically with buses now running to most of KL's Suburbs

see here: [b]http://www.rapidkl.com.my/about_us.htm[/b]

No. My wish is that the government takes over the routes and contract them out to the companies.

The fare we pay goes back to the government who then pays the bus companies whatever has been stipulated in the contract.

For RapidKL, the government runs the bus services. In my plan, the government DOES NOT run the bus services.

This way, if the fares rise unfairly, we can take action by VOTING the appropriate party in the next general elections. Unlike now whereby there is no way we can stop the money-grabbing companies from rising the fares.

iveco SG

Your proposal is similar to what many ang mo countries are doing.

105090 SG

this is a possible merger.

think about the famous SPH Mediaworks and Mediacorp.. when Channel U comes, both companies starts bleeding, esp SPH, so in the end, Mediacopr acqusited SPH channel I and U, and SPH gets 40% shares in mediacorp.

in this scenario, SBS may not even want to takeover SMRT buses, like SMRT not wanting to take over NEL?

reason: NEL bleeds heavily; SMRT buses has a drastic falling revenue.

however, Mr Lim Jit Poh, comfortdelgro chairman, is only aiming for EXPANSION of operations, but NOT giving up anything, in this case, NEL.

why SMRT bus loss revenue, cos nev overseas investments, and few advetisements on buses

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