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Daily Archives: 2012-02-26

Why can't SBS raise money through issuing more shares?

  ~by: Sharon Ng~ Much has been said on why the S$1.1B injection into SBS Transit is wrong. Since SBS Transit operates 75% of the bus fleet in Singapore, I will take a quick look at the financials of SBS Transit. According to the annual report available on the SBS Transit website, it can be seen that the group has …

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