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Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be... SBS Transit Ltd (SGX:S61) Passed Our Checks, And It's About To Pay A 1.7% ...
SBS Transit Ltd (abbreviation: SBS or SBST) is a multi-modal public transport operator in Singapore operating bus and rail services. With a majority of its shares owned by Singaporean multinational transport conglomerate ComfortDelGro Corporation at 75%, it was formerly known as Singapore Bus Services before rebranding to SBS Transit on 1 November 2001.
Public buses form a significant part of public transport in Singapore, with over 3.6 million rides taken per day on average as of December 2021. [2] There are 300+ scheduled bus services & 100+ short-trip variants, operated by SBS Transit, SMRT Buses, Tower Transit Singapore and Go-Ahead Singapore.
SBS Transit Wright Eclipse Gemini 2-bodied Volvo B9TL on Service 145 in May 2024. This is a list of the 397 public bus routes (excluding short-trip services) & 25 private-operated bus routes in Singapore, the four main public bus operators being SBS Transit, SMRT Buses, Tower Transit Singapore and Go-Ahead Singapore.
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It also housed the Operations Control Centre for SBS Transit West District. In Sep 2024, SMRT Buses took over the depot for the Jurong West package. SBS Transit became a tenant as they have insufficient parking at Bukit Batok & Ulu Pandan depots. In Dec 2024, SMRT Buses ended tenancy at Bulim depot and SBS Transit moved to tenant at Bulim depot.
The TBI only serves public bus routes operated by all of the four local bus operators — SBS Transit Ltd, SMRT Buses Ltd, Tower Transit Singapore Pte Ltd and Go-Ahead Singapore Pte Ltd. It is a high-frequency interchange, with buses on each route departing every 5 to 15 mins depending on the demand.