Shares & Derivatives
SMRT stock
By Singapore Stocks Investing (SSI)  •  March 28, 2014
While SMRT stock may not be doing well, I read the report that SMRT has signed an agreement with Huawei to develop some e-commerce products. The foray of SMRT into an area which is not its core business in rails, trains and buses may be surprising to others, but I am not really surprised as this is not the first non-core venture that SMRT has entered into. To cite an example, SportsHub has SMRT as one of its key investors too. It only make sense for SMRT to diversify its business always from the railway business as a listed company to grow its business, especially now that the ageing railway systems and trains are causing some train glitches here and there and SMRT has been tapping into its reserves for the maintenance of the system. On the other hand, as a commuter, I think it is also important for SMRT ......
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By Singapore Stocks Investing (SSI)
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