In the last week of Sep 2016, SMRT shareholders concurred via voting to SMRT’s privatisation offer. Already we could see some changes ahead. If you know what I am referring to, yes it is the plans of SMRT to consider whether to overhaul or revamp the Bukit Panjang LRT system which has experienced a bout of train or rail faults recently. Personally, I am in favour of retaining the LRT as the system given proper upkeep should be a faster transport option for commuters.
SMRT is not new to new business ideas. It has investments in Kallang wave mall and had even previously submitted a bid for the fourth telecom player for Singapore. In my opinion, should SMRT stays listed, I am confident over the longer term, with its railway systems improved and coupled with another portfolio of diversified business, the valuation will have to go up. Continuing to list …