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SBS Transit
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tongphlp
Supreme |
30-Sep-2025 16:15
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SBS Transit launches new wellness village at DTL Tampines station A steel combat class, organised by health and wellness company Fitivate, was held at a new wellness village at DTL Tampines MRT station on Sept 28. PHOTO: SBS TRANSIT
AI generated Published Sep 28, 2025, 03:00 PM Updated Sep 28, 2025, 07:38 PM SINGAPORE &ndash Passengers can now join fitness sessions and wellness programmes at the Downtown Line (DTL) Tampines MRT station midway through commuting to their workplaces or homes.
Public transport operator SBS Transit (SBST) unveiled a 15,000 sq ft wellness village there on Sept 28, to make wellness activities more accessible to commuters and residents. This is the first in SBST&rsquo s series of thematic villages, which aims to transform transport nodes into community hubs. Offering fitness classes, health talks and wellness workshops, the wellness village at DTL Tampines MRT station is equipped with full-length wall mirrors for members of the public to use during dance, pilates and yoga sessions. The walls at the wellness village are lined with vibrant art murals created by community artists to promote gracious commuting and social connections. One of the murals was created by Mr Leong Sijun, a 21-year-old artist who has Down syndrome and managed to continue drawing despite gradually losing his eyesight and muscle strength. Tampines GRC MP Baey Yam Keng, who is Minister of State for Transport, and Culture, Community and Youth, attended the launch of the wellness village on Sept 28. SBST also signed several agreements at the opening ceremony, including one with healthcare workshop provider Fitivate to conduct wellness activities at its stations, and another with health assessment firm Kresics Fitness to promote health awareness via its screening kiosks to help users monitor their key health metrics.
Mr Jeffrey Sim, group chief executive of SBST, noted that the operator will launch three more such villages across its MRT network over the next 15 months, each with its own theme. On the inspiration behind the themed villages, he said: &ldquo We reimagined our transport nodes as modern-day villages &ndash welcoming spaces that go beyond transit, where people can gather, connect and build meaningful relationships along their journeys.&rdquo Mr Sim added that Tampines was chosen as the location for the wellness village as it is a major interchange with high commuter traffic. Too free and nothing better to do...
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Guzman
Member |
26-Sep-2025 17:16
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SBS Transit used to enjoy economies of scale as the dominant player of the public bus business. With the loss of the Jurong West and Tampines packages, it has lost scale, while continuing to face rising cost pressures. As for rail business, they are never profitable. Both SBS Transit and SMRT have to depend on rail reliability incentives by LTA to make it a worthwhile venture. The outlook is dimmed, as evident by its falling profits. The slide will continue, unless the Board/Mngt takes drastic actions to slash costs. As a unionised company, it will take some guts. |
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tongphlp
Supreme |
26-Sep-2025 14:01
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tanking indeed from 3.4...almost 27 cents as 27 routes were lost
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tongphlp
Supreme |
23-Sep-2025 15:59
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run...
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kepoh88
Veteran |
23-Sep-2025 15:47
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" Is running a bus company rocket science? | ||||
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tongphlp
Supreme |
23-Sep-2025 15:43
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falling knife....lost 27 routes - 27c drop?
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tongphlp
Supreme |
22-Sep-2025 14:38
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SBST could be looking overseas for biz opportunities now that they have lost PT220 as our local market is too small and flooded with so many players?
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tongphlp
Supreme |
22-Sep-2025 13:09
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another CDG news.. ComfortDelGro ($1.49, down 1 cent) announced recently the acquisition of remaining shares in Citycab. CityCab Pte. Ltd. is a joint venture between ComfortDelGro Corporation Limited and ST Engineering Land Systems Ltd. CDG and STLS owned 53.5% and 46.5% respectively in CityCab. On 1 September 2025, CDG acquired all of STLS&rsquo s shares in CityCab. As a result of the Acquisition, CityCab is now a wholly-owned subsidiary of CDG. CityCab has been managed by ComfortDelGro since 2005 as part of its local taxi business. Full ownership will strengthen the Group&rsquo s core pointto-point business in Singapore and allow the Group to better integrate and shape its global point-to-point business, adapting to market demands and boosting profit contribution. This move reinforces the Group&rsquo s confidence in point-to-point mobility as a key transportation solution. The acquisition is expected to be earnings accretive. The parties had jointly commissioned a valuation by Deloitte & Touche Financial Advisory Services Pte Ltd (&ldquo Valuer&rdquo ) to determine the market value of the Sale Shares based on International Valuation Standards. Based on the Valuer&rsquo s report dated 25 August 2025, the parties have agreed that the valuation of the Sale Shares is S$98.9 million. Taking into account the agreed valuation, the Parties arrived at a total purchase consideration of S$116.3 million on a willing-buyer-willing-seller basis. The purchase consideration for the Acquisition has been paid in full and was funded through CDG&rsquo s bank facilities. Based on the audited financial statements of Citycab for Financial Year ended 31 December 2024, the net tangible asset and book value attributable to STLS&rsquo s shares in CityCab is approximately S$37.4 million. The Acquisition is not expected to have any material impact on the net tangible assets or earnings per share of CDG for the financial year ending 31 December 2025. None of the Directors or controlling shareholders of CDG have any interest, direct or indirect, in the Acquisition, save for their respective interests, through their shareholdings and/or directorships, as the case may be, in CDG. The Acquisition constitutes a non-discloseable transaction under Chapter 10 of the Listing Manual of the Singapore Exchange Securities Trading Limited
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tongphlp
Supreme |
22-Sep-2025 06:43
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need to see what' s the performance today to judge whether it is indeed a blessing....
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hmphie
Veteran |
21-Sep-2025 22:04
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The bid amount by the operator is the amount which LTA will pay the operator. So SBS' bid is the one with lower profit margin going by your logic.
"Go-Ahead Singapore won the tender to run a total of 27 bus routes under the Tampines bus package with a $646 million bid. It will be paid this amount by the Land Transport Authority (LTA) over the duration of the contract. But the figure may be adjusted for factors such as inflation, change in wage levels, and changes to services during the contract period."
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spore1
Supreme |
21-Sep-2025 21:44
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It might be the blessing in disguise! Higher bid may be profit margin is thin !
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hmphie
Veteran |
21-Sep-2025 19:55
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SBS' bid should be worth about $0.38/share/year in lost revenue?
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tongphlp
Supreme |
21-Sep-2025 16:59
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having the lowest bid but lost the tender....came as a dissapointment and shock to SBST....
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tongphlp
Supreme |
21-Sep-2025 16:56
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no eyes see
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tongphlp
Supreme |
21-Sep-2025 16:55
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how like that
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kepoh88
Veteran |
21-Sep-2025 16:49
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It is better to let oethers running as the current fleet of busses are mostly petrol/diesel bases, many with extreme noise polution . Singaporean should be happy with a quiter Electrical busses and smooth ride and clean air. Infuture, more AV busses will ply Singapoe and thouse with old technology will be out. Weride with investor like grabs, Nvidia will be Singapore market. SBS? with so any directors and management team, if not improve and make better life for Singaporean and commuters and never get support.. |
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chengwh1
Elite |
21-Sep-2025 04:10
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Wondering how many cts will SBST retreat on Monday....😐 | ||||
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hmphie
Veteran |
20-Sep-2025 16:42
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From July 5, 2026, Go-Ahead Singapore will run bus services in Tampines ? such as 10, 23, 81 and the newly launched 299 ? from the new East Coast Integrated Depot.
Under the new five-year contract, Go-Ahead Singapore will also manage Tampines Bus Interchange, Tampines Concourse Bus Interchange, Tampines North Bus Interchange and Changi Business Park Bus Terminal. It will be taking over from SBS Transit (SBST), which has been running the Tampines bus package since 2016. |
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kepoh88
Veteran |
19-Sep-2025 23:25
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Jialat lose another 27 routes. | ||||
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tongphlp
Supreme |
18-Sep-2025 10:51
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while waiting for news on PT220, below are the views of a transport expert: The Singapore University of Social Sciences&rsquo Associate Professor Walter Theseira said local operators like SBST have the experience to operate electric buses, but this has largely been on a trial basis. It would thus be logical for those interested in the Tampines contract, and future bus tenders, to seek the expertise of overseas operators with experience running much bigger electric bus fleets, so they can put in a credible bid. This could include hiring consultants or staff with relevant experience from abroad. However, Prof Theseira also noted that there are not many places with large-scale electric bus operations aside from some cities in China and Europe. Asked if such expertise may lead to more foreign operators entering the Singapore market, he said it is not clear that there are sufficient economies of scale here to support a fifth bus operator here. &ldquo With the narrowing of margins in more recent tenders, it is anybody&rsquo s guess if foreign firms will find it worthwhile to continue participating,&rdquo the transport economist added.
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