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chartistkao1
    07-Feb-2022 10:12  
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SMRT Looks to Expand Rail With Takeover Bid for TIBS

By Shu Shin LuhStaff Reporter of The Wall Street Journal
July 30, 2001 12:01 am ET
 
 
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Why would a profitable, well-managed railway company buy a bus service certain to see declining ridership in the next decade?
That is a question investors have been asking since SMRT, which operates Singapore' s mass rapid-transit system, announced a 194 million Singapore dollar (US$107.2 million) takeover bid for bus and taxi company TIBS Holding on July 9. It isn' t the first time investors have asked that question. The two companies did the merger dance in 1999 when then-private SMRT had intended to use publicly traded TIBS as a backdoor listing vehicle. That deal collapsed, analysts say, mainly because the price wasn' t right. Publicly, though, SMRT officials said they decided instead to seek a listing on the stock exchange first.
SMRT listed on the Singapore stock exchange in July 2000. Listing independently gave SMRT the advantage this time around of not overpaying for TIBS' s publicly listed status. So, in that sense, you could say that SMRT came out the winner in this deal. (The deal is pending approval from TIBS shareholders.)
But that still doesn' t answer why it makes good business sense for SMRT to buy TIBS. An obvious problem is that Singapore' s market is a small one. Even if transport companies diversify locally, " the growth of commuter traffic is pedestrian," says Kevin Scully, director of online investment adviser Netresearch-Asia.com.
With Singapore planning to build 540 kilometers (335 miles) of railway lines by 2030, bus service will likely dwindle in significance. Major bus routes will be made redundant. Buses would be used only as less profitable feeder services that take commuters the short distances from the train station to their homes, some analysts say.
TIBS recognized this a few years back and tried to expand into the rail business on its own. It sent its senior executives abroad for training in rail-line management. Its hopes to diversify were shattered two years ago when it lost a bid to its bus rival, Singapore Bus Services, to run the North-East railway line, which will cut diagonally through the central part of the country and shorten commute times for people coming in and out of the city for work from their housing developments.
The next lifeline for TIBS would be the bidding for the Marina line at the end of this year, but the first phase of the railway line won' t be completed until 2005, according to the Land Transport Authority. When completed, the Marina line will stretch from the city center to the eastern part of Singapore. When linked with other rail projects in the pipeline, it will be possible for riders to reach virtually all parts of the island-state without having to come all the way into the city.
TIBS appeared to have few choices in the long run, some analysts say. An analyst at a foreign investment house says with coverage of only 20% of Singapore' s bus network, " it can' t survive on its own." After all, Singapore Bus Services covers the remaining 80% of the island network. Only a merger, or allowing TIBS to run the more profitable train lines, can keep it in business.
 

chartistkao1      ( Date: 07-Feb-2022 10:08) Posted:

https://goodyfeed.com/remember-trans-island-heres-what-happened-to-it-now/

chartistkao1      ( Date: 07-Feb-2022 10:06) Posted:

who benefits the most
https://www.todayonline.com/voices/merger-delisting-smrt-sbst-may-benefit-commuter


 
 
chartistkao1
    07-Feb-2022 10:08  
Contact    Quote!
https://goodyfeed.com/remember-trans-island-heres-what-happened-to-it-now/

chartistkao1      ( Date: 07-Feb-2022 10:06) Posted:

who benefits the most
https://www.todayonline.com/voices/merger-delisting-smrt-sbst-may-benefit-commuters

chartistkao1      ( Date: 07-Feb-2022 10:02) Posted:

what happened in stock markets
https://www.guaze.com/xinqing/14881.htm


 
 
chartistkao1
    07-Feb-2022 10:06  
Contact    Quote!
who benefits the most
https://www.todayonline.com/voices/merger-delisting-smrt-sbst-may-benefit-commuters

chartistkao1      ( Date: 07-Feb-2022 10:02) Posted:

what happened in stock markets
https://www.guaze.com/xinqing/14881.html

chartistkao1      ( Date: 07-Feb-2022 09:55) Posted:

then use strategy to force t to divest out all its stake in them
https://www.temasek.com.sg/en/about-us/ins-outs-temase


 

 
chartistkao1
    07-Feb-2022 10:02  
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what happened in stock markets
https://www.guaze.com/xinqing/14881.html

chartistkao1      ( Date: 07-Feb-2022 09:55) Posted:

then use strategy to force t to divest out all its stake in them
https://www.temasek.com.sg/en/about-us/ins-outs-temasek

chartistkao1      ( Date: 07-Feb-2022 09:53) Posted:

ifast on digi bank strategy in sg and indonesia
https://www.businesstimes.com.sg/companies-markets/bt-explains-singtels-stake-in-digibank-hopeful-bank-fama-international
 
https://www.cnbc.com/2020/12/07/singtel-on-winning-singapore-digital-bank-license-threat-to-established-banks.html


 
 
chartistkao1
    07-Feb-2022 09:55  
Contact    Quote!
then use strategy to force t to divest out all its stake in them
https://www.temasek.com.sg/en/about-us/ins-outs-temasek

chartistkao1      ( Date: 07-Feb-2022 09:53) Posted:

ifast on digi bank strategy in sg and indonesia
https://www.businesstimes.com.sg/companies-markets/bt-explains-singtels-stake-in-digibank-hopeful-bank-fama-international
 
https://www.cnbc.com/2020/12/07/singtel-on-winning-singapore-digital-bank-license-threat-to-established-banks.html


chartistkao1      ( Date: 07-Feb-2022 09:50) Posted:

how temasek makes money vie
https://www.campaignasia.com/article/sph-announces-3-4-billion-takeover-delisting/47148


 
 
chartistkao1
    07-Feb-2022 09:53  
Contact    Quote!
ifast on digi bank strategy in sg and indonesia
https://www.businesstimes.com.sg/companies-markets/bt-explains-singtels-stake-in-digibank-hopeful-bank-fama-international
 
https://www.cnbc.com/2020/12/07/singtel-on-winning-singapore-digital-bank-license-threat-to-established-banks.html


chartistkao1      ( Date: 07-Feb-2022 09:50) Posted:

how temasek makes money vie
https://www.campaignasia.com/article/sph-announces-3-4-billion-takeover-delisting/471484

chartistkao1      ( Date: 07-Feb-2022 09:48) Posted:

https://www.businesstimes.com.sg/companies-markets/petrochina-international-tops-singapores-list-of-2021-marine-fuel-suppliers
to further boost tie between sg and china why not 0856hk have secondary listing in sgx for SE asia and indian investors to buy into it vie sgx sg $$$
 


 

 
chartistkao1
    07-Feb-2022 09:50  
Contact    Quote!
how temasek makes money vie
https://www.campaignasia.com/article/sph-announces-3-4-billion-takeover-delisting/471484

chartistkao1      ( Date: 07-Feb-2022 09:48) Posted:

https://www.businesstimes.com.sg/companies-markets/petrochina-international-tops-singapores-list-of-2021-marine-fuel-suppliers
to further boost tie between sg and china why not 0856hk have secondary listing in sgx for SE asia and indian investors to buy into it vie sgx sg $$$
 

chartistkao1      ( Date: 07-Feb-2022 09:45) Posted:

https://kknews.cc/zh-sg/essay/v8nmkea.htm


 
 
chartistkao1
    07-Feb-2022 09:48  
Contact    Quote!
https://www.businesstimes.com.sg/companies-markets/petrochina-international-tops-singapores-list-of-2021-marine-fuel-suppliers
to further boost tie between sg and china why not 0856hk have secondary listing in sgx for SE asia and indian investors to buy into it vie sgx sg $$$
 

chartistkao1      ( Date: 07-Feb-2022 09:45) Posted:

https://kknews.cc/zh-sg/essay/v8nmkea.html

chartistkao1      ( Date: 07-Feb-2022 09:41) Posted:

the spiderman web returns
https://investor.sph.com.sg/main_shareholder.htm


 
 
chartistkao1
    07-Feb-2022 09:45  
Contact    Quote!
https://kknews.cc/zh-sg/essay/v8nmkea.html

chartistkao1      ( Date: 07-Feb-2022 09:41) Posted:

the spiderman web returns
https://investor.sph.com.sg/main_shareholder.html

chartistkao1      ( Date: 07-Feb-2022 09:38) Posted:

得 到 新 电 就 是 关 门 一 家 亲 了 all under temasek
SPH Invest Ltd. is a wholly-owned subsidiary of Singapore Press Holdings Ltd, a Singapore-incorporated company listed on the Mainboard of the SGX-ST. Singapore Press Holdings Ltd (SPH) is Southeast Asia' s leading media organisation. SPH Invest has been a shareholder of iFAST Corporation since 2000


 
 
chartistkao1
    07-Feb-2022 09:41  
Contact    Quote!
the spiderman web returns
https://investor.sph.com.sg/main_shareholder.html

chartistkao1      ( Date: 07-Feb-2022 09:38) Posted:

得 到 新 电 就 是 关 门 一 家 亲 了 all under temasek
SPH Invest Ltd. is a wholly-owned subsidiary of Singapore Press Holdings Ltd, a Singapore-incorporated company listed on the Mainboard of the SGX-ST. Singapore Press Holdings Ltd (SPH) is Southeast Asia' s leading media organisation. SPH Invest has been a shareholder of iFAST Corporation since 2000.

chartistkao1      ( Date: 07-Feb-2022 09:36) Posted:

ifast can become digibank vie buying stakes in undervalued singtel at 2.52 from the market
https://technode.global/2021/09/06/sgx-listed-ifast-corp-to-continue-digital-bank-ambition-in-malaysia-qa


 

 
chartistkao1
    07-Feb-2022 09:38  
Contact    Quote!
得 到 新 电 就 是 关 门 一 家 亲 了 all under temasek
SPH Invest Ltd. is a wholly-owned subsidiary of Singapore Press Holdings Ltd, a Singapore-incorporated company listed on the Mainboard of the SGX-ST. Singapore Press Holdings Ltd (SPH) is Southeast Asia' s leading media organisation. SPH Invest has been a shareholder of iFAST Corporation since 2000.

chartistkao1      ( Date: 07-Feb-2022 09:36) Posted:

ifast can become digibank vie buying stakes in undervalued singtel at 2.52 from the market
https://technode.global/2021/09/06/sgx-listed-ifast-corp-to-continue-digital-bank-ambition-in-malaysia-qa/

chartistkao1      ( Date: 04-Feb-2022 16:19) Posted:

hsbc from its 2009' s right of hk 28 into
http://www.etnet.com.hk/www/eng/stocks/realtime/quote_news_detail.php?section=related& newsid=ETE320204449& page=1& code=5
 
the same will happen to ifast


 
 
chartistkao1
    07-Feb-2022 09:36  
Contact    Quote!
ifast can become digibank vie buying stakes in undervalued singtel at 2.52 from the market
https://technode.global/2021/09/06/sgx-listed-ifast-corp-to-continue-digital-bank-ambition-in-malaysia-qa/

chartistkao1      ( Date: 04-Feb-2022 16:19) Posted:

hsbc from its 2009' s right of hk 28 into
http://www.etnet.com.hk/www/eng/stocks/realtime/quote_news_detail.php?section=related& newsid=ETE320204449& page=1& code=5
 
the same will happen to ifast


chartistkao1      ( Date: 04-Feb-2022 16:17) Posted:

from $6.27 to $6.32
https://sg.news.yahoo.com/leading-evolution-fintech-company-simple-230000628.htm


 
 
chartistkao1
    04-Feb-2022 16:19  
Contact    Quote!
hsbc from its 2009' s right of hk 28 into
http://www.etnet.com.hk/www/eng/stocks/realtime/quote_news_detail.php?section=related& newsid=ETE320204449& page=1& code=5
 
the same will happen to ifast


chartistkao1      ( Date: 04-Feb-2022 16:17) Posted:

from $6.27 to $6.32
https://sg.news.yahoo.com/leading-evolution-fintech-company-simple-230000628.html

chartistkao1      ( Date: 04-Feb-2022 16:13) Posted:

They prefer to establish a few loyal friendships, rather than many. Early in life slow-to-warm-up children can be unflatteringly labeled as: shy, reserved, timid, fearful, picky, whiny, slow-poke, bashful, anxious, scaredy-cat, touchy, stubborn, delayed, babyish, or backward


 
 
chartistkao1
    04-Feb-2022 16:17  
Contact    Quote!
from $6.27 to $6.32
https://sg.news.yahoo.com/leading-evolution-fintech-company-simple-230000628.html

chartistkao1      ( Date: 04-Feb-2022 16:13) Posted:

They prefer to establish a few loyal friendships, rather than many. Early in life slow-to-warm-up children can be unflatteringly labeled as: shy, reserved, timid, fearful, picky, whiny, slow-poke, bashful, anxious, scaredy-cat, touchy, stubborn, delayed, babyish, or backward.

chartistkao1      ( Date: 04-Feb-2022 16:11) Posted:

ifast share is like lady that is 慢 热 it took more than 7 years before its share soared to $10 and then corrected  to $6.27
https://www.straitstimes.com/business/companies-markets/ifast-corps-ipo-124-times-taken-u


 
 
chartistkao1
    04-Feb-2022 16:13  
Contact    Quote!
They prefer to establish a few loyal friendships, rather than many. Early in life slow-to-warm-up children can be unflatteringly labeled as: shy, reserved, timid, fearful, picky, whiny, slow-poke, bashful, anxious, scaredy-cat, touchy, stubborn, delayed, babyish, or backward.

chartistkao1      ( Date: 04-Feb-2022 16:11) Posted:

ifast share is like lady that is 慢 热 it took more than 7 years before its share soared to $10 and then corrected  to $6.27
https://www.straitstimes.com/business/companies-markets/ifast-corps-ipo-124-times-taken-up

chartistkao1      ( Date: 04-Feb-2022 16:08) Posted:

ev car vs flying car ,sgx 2022 market vs 2025 sgx market, what will be the next wave?
https://www.dezeen.com/2021/10/28/xpeng-road-capable-flying-car-2024-technology/
 
https://www.uob.com.sg/personal/invest/investment-insights/2022outlook/index.html?gclid=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB& ef_id=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB:G:s& s_kwcid=AL!810!3!573698459185!p!!g!!stock%20market%20outlook!15794520901!134876170554& s_cid=pfs:sg:paid:sea:go:na:tx:na:invinsight:070122-280222:2022outlook:cvp_cashback:pc-go& vid=purpleclick_google


 

 
chartistkao1
    04-Feb-2022 16:11  
Contact    Quote!
ifast share is like lady that is 慢 热 it took more than 7 years before its share soared to $10 and then corrected  to $6.27
https://www.straitstimes.com/business/companies-markets/ifast-corps-ipo-124-times-taken-up

chartistkao1      ( Date: 04-Feb-2022 16:08) Posted:

ev car vs flying car ,sgx 2022 market vs 2025 sgx market, what will be the next wave?
https://www.dezeen.com/2021/10/28/xpeng-road-capable-flying-car-2024-technology/
 
https://www.uob.com.sg/personal/invest/investment-insights/2022outlook/index.html?gclid=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB& ef_id=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB:G:s& s_kwcid=AL!810!3!573698459185!p!!g!!stock%20market%20outlook!15794520901!134876170554& s_cid=pfs:sg:paid:sea:go:na:tx:na:invinsight:070122-280222:2022outlook:cvp_cashback:pc-go& vid=purpleclick_google


chartistkao1      ( Date: 04-Feb-2022 16:04) Posted:

ifast can become digibank in sg by buying into
https://sginvestors.io/sgx/stock/z74-singtel/share-price-histor


 
 
chartistkao1
    04-Feb-2022 16:08  
Contact    Quote!
ev car vs flying car ,sgx 2022 market vs 2025 sgx market, what will be the next wave?
https://www.dezeen.com/2021/10/28/xpeng-road-capable-flying-car-2024-technology/
 
https://www.uob.com.sg/personal/invest/investment-insights/2022outlook/index.html?gclid=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB& ef_id=Cj0KCQiAuvOPBhDXARIsAKzLQ8GZxXsQobgjAAn5pX-JIhE-IDFqrLtMkC1d1k1lbzjL9L40xhRL8R8aAkrdEALw_wcB:G:s& s_kwcid=AL!810!3!573698459185!p!!g!!stock%20market%20outlook!15794520901!134876170554& s_cid=pfs:sg:paid:sea:go:na:tx:na:invinsight:070122-280222:2022outlook:cvp_cashback:pc-go& vid=purpleclick_google


chartistkao1      ( Date: 04-Feb-2022 16:04) Posted:

ifast can become digibank in sg by buying into
https://sginvestors.io/sgx/stock/z74-singtel/share-price-history

chartistkao1      ( Date: 04-Feb-2022 15:26) Posted:

the shortists are big and very strong but
https://www.youtube.com/watch?v=Rj49gGGqDp


 
 
chartistkao1
    04-Feb-2022 16:04  
Contact    Quote!
ifast can become digibank in sg by buying into
https://sginvestors.io/sgx/stock/z74-singtel/share-price-history

chartistkao1      ( Date: 04-Feb-2022 15:26) Posted:

the shortists are big and very strong but
https://www.youtube.com/watch?v=Rj49gGGqDp0

chartistkao1      ( Date: 04-Feb-2022 15:24) Posted:

global shortists very cunning and smart but we have a way to deal with them
https://carnegiescience.edu/news/male-lions-use-ambush-hunting-strateg


 
 
chartistkao1
    04-Feb-2022 15:26  
Contact    Quote!
the shortists are big and very strong but
https://www.youtube.com/watch?v=Rj49gGGqDp0

chartistkao1      ( Date: 04-Feb-2022 15:24) Posted:

global shortists very cunning and smart but we have a way to deal with them
https://carnegiescience.edu/news/male-lions-use-ambush-hunting-strategy

chartistkao1      ( Date: 04-Feb-2022 15:14) Posted:

https://www.tangrenjie.tv/vod/play/id/10055/sid/1/nid/1.htm


 
 
chartistkao1
    04-Feb-2022 15:24  
Contact    Quote!
global shortists very cunning and smart but we have a way to deal with them
https://carnegiescience.edu/news/male-lions-use-ambush-hunting-strategy

chartistkao1      ( Date: 04-Feb-2022 15:14) Posted:

https://www.tangrenjie.tv/vod/play/id/10055/sid/1/nid/1.html

chartistkao1      ( Date: 04-Feb-2022 15:10) Posted:

all wars end in very sorry state
https://www.youtube.com/watch?v=HZf26r_DplA

 


 
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