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In June 1993, NTUC Comfort was corporatised and renamed Comfort Transportation Pte Ltd. [9] Comfort was subsequently listed on 6 June 1994 and became the Comfort Group Limited. [10] The listed company was owned by Singapore Labour Foundation (41.7%), its owner-drivers as a single block (approximately 20%) and the public (35%).
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.
In the 1970s, Saint Michael's Bus Terminal used to house 2 bus services from Singapore Shuttle Bus (Pte) Ltd, which have since been withdrawn in 2003, upon SBS Transit taking over the terminal. [48] In 2011, the terminal was renovated and refurbished to provide full wheelchair accessibility for wheelchair-bound passengers.
Pty. Ltd. (Proprietary Limited Company): ≈ Ltd. (UK) ATF Trust. In Australia companies can act as a trustee for a trust. Pty. (Unlimited Proprietary) company with a share capital: A company, similar to its limited company (Ltd., or Pty. Ltd.) counterpart, but where the liability of the members or shareholders is not limited. Trust [9]
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.
The Port of Singapore, run by the port operators PSA International (formerly the Port of Singapore Authority) and Jurong Port, is the world's busiest in terms of shipping tonnage handled. 1.04 billion gross tons were handled in 2004, crossing the one billion mark for the first time in Singapore's maritime history.
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Under Australian law, a proprietary limited company (abbreviated as 'Pty Ltd') is a business structure that has at least one shareholder and up to 50, where the liability of shareholders is limited to the value of shares. Its counterparts include the public limited company (Ltd) and the Unlimited Proprietary company (Pty) with a share capital.