SBS was Singapore owns bus service .
Then Trans Island was set up by Mrs Lee Kuan Yew .
SMRT was set up by LTA to run Singapore's First MRT projects
.
Successful , make money after 10 years in the red .
Then Trans Island cannot tahan , sold their shares to SMRT ,
then SMRT got bus service .
Then taxi service .
Then they cock up the whole show then .
Their bus service and taxi service lose a bit every year , taxi
service killed them .
Bus also affect them , cos they need new funding for new buses ,
never make money , how to buy ? So up the MRT fare lor .
LTA wanted them to run NEL , but they lost the tender to SBS
Transist , which was taken over by Delgro Engineerings a few year
back .
In the Red still this SBS Transist .