Singapore has shifted back to Phase 2 in light of the increase in the number of community infections. Amid the uncertainty, companies, both large and small, are making their own moves to adapt to the new operating conditions. Blue-chip companies may be large and reputable, but even they are not immune to financial stress. Back in January, we wrote about three blue-chip companies that are transforming to pivot their business back to growth. Four months later, we take a look at another three blue-chip businesses that are planning to transform to deal with the tough times.

Comfortdelgro Corporation Ltd (SGX: C52)

Comfortdelgro Corporation Ltd, or CDG, is one of the largest transport companies in the world with a total fleet of 40,000 buses, taxis and rental vehicles. The group also runs 83 kilometres of light and heavy rail networks in Singapore. CDG runs operations in seven countries, namely Singapore, Australia, China, the UK, Ireland, Vietnam and Malaysia....