Business
SMRT bus drivers & share price
By Singapore Stocks Investing (SSI)  •  November 28, 2012
Investors of SMRT might be getting a bit jittery yesterday when 102 SMRT bus drivers, who hailed from China staged a “no-show” by gathering at the void deck of their Woodlands dormitory on Monday 26 Nov 12 and refused to work. Why? The drivers were definitely not waiting for PSY to come to Singapore and dance Gangnam Style with him! The drivers were unhappy with their pays! SMRT management moved swiftly to convene a conversation with the drivers to understand their concerns. However there were still 60 bus drivers who refused to start work on Tuesday. As of this time of writing, SMRT, helmed by former Permanent Secretary and ex-Chief-of-Defence, LG(NS) Desmond Kuek is still exploring possible solutions with regard to the case. Apparently, the no-show of the SMRT bus drivers may not be too much of a concern to SMRT stock price unless we are talking about all the ......
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By Singapore Stocks Investing (SSI)
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