Latest news with #Choong
The Sun
4 days ago
- The Sun
Bus Staff in Singapore Return S$10,000 Cash Within an Hour
A heartwarming display of integrity and efficiency unfolded on Singapore's public transport system when dedicated transit workers reunited a distressed commuter with his lost bag containing S$10,000 (RM32,942) in cash within just 60 minutes. In a Facebook post by SBS Transit Ltd, the remarkable story began when a panicked passenger contacted Tampines Interchange after realising he had accidentally left his valuable bag aboard SBS Transit's Route 39 service. What followed showcased the exceptional dedication of Singapore's public transport personnel. Assistant Interchange Supervisor Choong Seong Kuong demonstrated outstanding leadership when he took the emergency call that Sunday afternoon (June 1). Recognising the critical nature of the situation, he immediately mobilised the Operations Control Centre to locate the specific bus travelling between Yishun and Tampines. The coordinated response proved highly effective as the team successfully contacted bus captain Dong Depeng, who was operating the vehicle at the time. Dong's thorough search revealed the bag remained completely secure and untampered with throughout the journey. The seamless handover occurred when Dong delivered the bag directly to Choong at the interchange, completing the recovery mission in record time. The passenger's relief was palpable as he praised the staff for their exceptional sense of responsibility and professional conduct. Despite receiving well-deserved recognition from SBS Transit for their quick thinking and unwavering integrity, Choong remained remarkably humble about the team's actions. He emphasised that protecting passengers comes naturally to them, stating it's simply part of doing what's morally right. This incident beautifully illustrates how Singapore's transport workers go above and beyond their basic duties, creating a culture of trust and reliability that passengers can depend on. The story serves as an inspiring reminder of how individual integrity and teamwork can make a profound difference in people's lives.
The Sun
4 days ago
- The Sun
Singapore bus staff's swift action returns S$10,000 to grateful passenger
A heartwarming display of integrity and efficiency unfolded on Singapore's public transport system when dedicated transit workers reunited a distressed commuter with his lost bag containing S$10,000 (RM32,942) in cash within just 60 minutes. In a Facebook post by SBS Transit Ltd, the remarkable story began when a panicked passenger contacted Tampines Interchange after realising he had accidentally left his valuable bag aboard SBS Transit's Route 39 service. What followed showcased the exceptional dedication of Singapore's public transport personnel. Assistant Interchange Supervisor Choong Seong Kuong demonstrated outstanding leadership when he took the emergency call that Sunday afternoon (June 1). Recognising the critical nature of the situation, he immediately mobilised the Operations Control Centre to locate the specific bus travelling between Yishun and Tampines. The coordinated response proved highly effective as the team successfully contacted bus captain Dong Depeng, who was operating the vehicle at the time. Dong's thorough search revealed the bag remained completely secure and untampered with throughout the journey. The seamless handover occurred when Dong delivered the bag directly to Choong at the interchange, completing the recovery mission in record time. The passenger's relief was palpable as he praised the staff for their exceptional sense of responsibility and professional conduct. Despite receiving well-deserved recognition from SBS Transit for their quick thinking and unwavering integrity, Choong remained remarkably humble about the team's actions. He emphasised that protecting passengers comes naturally to them, stating it's simply part of doing what's morally right. This incident beautifully illustrates how Singapore's transport workers go above and beyond their basic duties, creating a culture of trust and reliability that passengers can depend on. The story serves as an inspiring reminder of how individual integrity and teamwork can make a profound difference in people's lives.
AsiaOne
4 days ago
- AsiaOne
'We didn't think twice': SBS Transit staff return bag containing $10k to passenger within an hour, Singapore News
After receiving a call from a distressed passenger while on duty at Tampines Interchange, SBS Transit assistant interchange supervisor Choong Seong Kuong immediately alerted the operations control centre of a passenger's loss of $10,000 on board a bus. A SBS Transit team then tracked down Bus Service 39 and got in touch with the driver, bus captain Dong Depeng, the transport company said in a Facebook post on Sunday (June 1). Dong later found the bag safe and untouched, according to the Facebook post. Once Dong reached the interchange, he passed the cash-filled bag to Choong before it was returned to the passenger. The man not only got his belongings back within an hour, but also received peace of mind that his valuables were back in his hands, the post added. The passenger said: "The staff fulfilled their duties with great responsibility and I'm extremely grateful." Both Choong and Dong were commended by SBS Transit for their "quick thinking, professionalism, and integrity". "We didn't think twice — it's our duty to look out for our passengers. We're just doing what's right," Choong said. Many netizens praised the SBS Transit staff for their honesty. One comment said: "The bus captain's honesty deserve the highest respect." Another added: "Well done Choong and Dong. Both of you have made SBS Transit proud." AsiaOne has reached out to SBS Transit for more information. A similar incident was shared by SBS Transit in February, where $14,000 was returned to a passenger who had left their backpack containing cash in SBS bus service 58. Like Choong, this bus captain also immediately contacted the operations control centre. The passenger added she intended to open a bank account with the cash. "It's about doing the right thing," the captain had said. [[nid:716486]]
BusinessToday
21-05-2025
- Business
- BusinessToday
SP Setia Delivers RM89 Million In Net Profit Despite Market Volatility
SP Setia Bhd kicked off the financial year on a strong footing, announcing resilient earnings for the first quarter ended March 31, 2025 (1Q25), despite a backdrop of global market volatility. The group recorded a net profit of RM89 million, driven by operational efficiency and disciplined cost management. Revenue for the quarter stood at RM771 million, underpinned by robust sales performance and effective execution across its diversified property portfolio. Notably, the group reduced its borrowings by RM156 million, maintaining a healthy net gearing ratio of 0.35 times, aligned with its ongoing debt-reduction strategy. SP Setia secured RM718 million in sales for 1Q25, with local projects contributing RM489 million (68%) and international projects adding RM229 million (32%). Regionally, the Central region led domestic sales with RM284 million, followed by the Southern region at RM189 million. 'Our financial performance this quarter underscores the effectiveness of our strategies and adaptability to changing market dynamics. 'We continue to prioritise capital efficiency and expansion in high-growth segments, while navigating market fluctuations with prudence,' SP Setia President and Chief Executive Officer Datuk Choong Kai Wai said. Looking ahead, Choong said SP Setia plans to launch RM5.1 billion in property developments and RM300 million in industrial projects in FY25. 'Domestically, the group will continue accelerating catalytic township developments, eco-industrial parks and exploring land monetisation and strategic partnerships to unlock further value. 'Internationally, the group is gaining traction with the launch of ATLAS Melbourne, a high-impact development with an estimated gross development value (GDV) of A$886.7 million. In Vietnam, new residential phases within its successful EcoLakes development are scheduled for launch in FY25,' Choong added. As of March 31, 2025, SP Setia's unbilled sales stood at RM3.8 billion, supported by 42 ongoing projects, a remaining land bank of 5,364 acres, and an effective remaining GDV of RM120.1 billion. Related
New Straits Times
21-05-2025
- Business
- New Straits Times
SP Setia's Q1 earnings dip 13pct on softer land sales, overseas slowdown
KUALA LUMPUR: SP Setia Bhd's net profit for the first quarter ended March 31, 2025, fell 13 per cent to RM67.02 million from RM77.33 million a year earlier, as lower land sales and reduced contributions from its international operations weighed on performance. Revenue for the quarter dropped 48 per cent to RM770.70 million from RM1.48 billion a year earlier, the group said in a filing with Bursa Malaysia. "This decline is primarily due to lower revenue from land sales and contributions from Australia and Vietnam following the substantial handovers of completed projects in 2024. "Additionally, domestic property development revenue in the current quarter was also lower," it added. Group president and chief executive officer Datuk Choong Kai Wai said the quarter was marked by slower overseas performance but noted resilience in key domestic corridors. "Our local sales continue to gain traction, led by strong demand in the Central and Southern regions. We remain confident in achieving our RM4.8 billion sales target this year," he said. Pre-tax profit declined to RM141.47 million from RM181.20 million, in line with the lower revenue, with land sale contributions easing to RM52 million from RM64 million in the same quarter last year. Despite the topline contraction, earnings from the group's investment properties and hotel operations grew, helping to cushion the impact. "Pre-tax for the quarter improved year-on-year mainly due to higher contributions from investment properties and hotel operations," the group said. SP Setia booked new sales of RM718 million in the quarter, with local projects accounting for RM489 million or 68 per cent. International sales, largely from Australia and Vietnam, made up RM229 million. Choong said the group would maintain its strategic focus on township developments and land monetisation to drive growth. "We are progressing steadily with our RM5.1 billion planned launches in property development and RM300 million in industrial developments," he added. As of end-March, the group held unbilled sales of RM3.8 billion across 42 ongoing projects. Its land bank stood at 5,364 acres with a remaining effective gross development value of RM120.1 billion. No interim dividend was declared for the quarter.
