Latest news with #SBSTransit
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]]
Yahoo
7 days ago
- Business
- Yahoo
Investors in SBS Transit (SGX:S61) have seen returns of 22% over the past year
On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy will perform as well as the overall market. Unfortunately for shareholders, while the SBS Transit Ltd (SGX:S61) share price is up 10% in the last year, that falls short of the market return. On the other hand, longer term shareholders have had a tougher run, with the stock falling 2.8% in three years. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last year SBS Transit grew its earnings per share (EPS) by 0.9%. The share price gain of 10% certainly outpaced the EPS growth. This indicates that the market is now more optimistic about the stock. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It might be well worthwhile taking a look at our free report on SBS Transit's earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of SBS Transit, it has a TSR of 22% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. SBS Transit shareholders have received returns of 22% over twelve months (even including dividends), which isn't far from the general market return. That gain looks pretty satisfying, and it is even better than the five-year TSR of 3% per year. Even if the share price growth slows down from here, there's a good chance that this is business worth watching in the long term. It's always interesting to track share price performance over the longer term. But to understand SBS Transit better, we need to consider many other factors. For example, we've discovered 2 warning signs for SBS Transit (1 shouldn't be ignored!) that you should be aware of before investing here. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Times
27-05-2025
- Business
- Business Times
Stocks to watch: Sembcorp, Bukit Sembawang, SBS Transit, Boustead
THE following companies saw new developments that may affect trading of their securities on Tuesday (May 27): Sembcorp : Its subsidiary Sembcorp Utilities entered an agreement with several of its South-east Asian counterparts to explore exporting renewable energy from Vietnam into Malaysia and Singapore, the group said on Monday. Under the agreement, the parties will focus on unlocking Vietnam's renewable energy resources, particularly offshore wind power, as a source for green electron generation and to supply clean electricity across borders. The counter ended Monday 1.4 per cent or S$0.09 higher at S$6.65, before the news. Bukit Sembawang : The property developer posted a net profit after tax of S$51.4 million for its second half ended March, a 13 per cent increase from S$45.6 million in the year-ago period. The increase was mainly due to the recognition of higher profits for residential development projects Pollen Collection, Liv@MB and Fraser Residence Orchard, the group said on Monday. Shares of Bukit Sembawang Estates closed Monday 0.3 per cent or S$0.01 lower at S$3.92, before the news. SBS Transit : Member of Parliament for Tampines Changkat Desmond Choo stepped down from the board of SBS Transit with immediate effect on Monday, following his appointment as Minister of State for Defence last Friday. Choo, who has been a board member of the transport company since April 2021, will also relinquish his membership on the board's remuneration and nominating committee. He continues to be assistant secretary-general at the National Trades Union Congress. Shares of SBS Transit closed Monday 0.4 per cent or S$0.01 higher at S$2.75, before the news. Boustead : The engineering and technology group on Monday posted a net profit of S$59.1 million for the six months ended March, representing a 58 per cent increase on the year, although revenue slid 42 per cent to S$231.9 million. The mainboard-listed company said that profits had risen despite lower revenue due to lower income tax expenses and a one-off gain. The counter ended lower by S$0.01 or 1 per cent at S$1.04, before the update. Trading halt: Printing cylinder supplier Fuji Offset called for a trading halt with immediate effect on Tuesday morning, pending an announcement. Its shares closed Monday 19.7 per cent or S$0.065 higher at S$0.395.
