In this new series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have ComfortDelGro Corporation Ltd (SGX: C52). Previously, we featured CapitaLand Mall Trust (SGX: C38U), a retail real estate investment trust (REIT) that owns 15 shopping centres in Singapore.
What’s ComfortDelGro’s Business About?
ComfortDelGro is one of the largest land transport companies in the world. The company operates in several countries, including Singapore, Australia, and the United Kingdom.
ComfortDelGro’s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, and driving centre, among others.
The bus and rail businesses in Singapore operate under a separately-listed company, SBS Transit Ltd (SGX: S61). As of 27 February 2019, ComfortDelGro owned around 74% of SBS Transit.
Meanwhile, its inspection and testing services business operates under VICOM Limited (SGX: