SBS Transit
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A now de-registered/retired Volvo B10M (Duple Metsec DM3500) rigid/single-decker bus at Tiong Bahru. One of the DM3500 (SBS2744A) was previously converted into the I Love Children Bus.
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| Public company | |
| Traded as | SGX: S61 |
| Industry | Public Transport |
| Founded | 1973 (as Singapore Bus Service) 2001 (as SBS Transit) |
| Headquarters | Singapore |
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Key people
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Lim Jit Poh (Chairman) Kua Hong Pak (Deputy chairman) Gan Juay Kiat (CEO) |
| Products | Bus and Rail Services in Singapore |
| Revenue |
 S$1.02 billion SGD (2015) |
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S$25.2 million SGD (2015) |
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S$16.7 million SGD (2015) |
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Number of employees
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9730 (2015) |
| Parent | ComfortDelGro |
| Website | SBS Transit |
SBS Transit Limited (SGX: S61) is a public transport operator in Singapore. Its major competitor in Singapore's transport system is SMRT Corporation, which also operates bus, rail, taxi and other transport services.
The company (organisation) was formed as a separately listed subsidiary in November 1997 under the name of Singapore Bus Service, although it can trace its history back to the formation of Singapore Bus Service in 1973 with the merger of three bus companies. On 1 November 2001, the company's name was changed to SBS Transit Limited to reflect its status as a bus and rail operator. It is a subsidiary of ComfortDelGro.
Singapore Bus Service (SBS) was initially formed in 1973 with the merger of three private bus companies. The government-sanctioned merger was undertaken to improve service standards of the bus transport system.
With the shift towards the creation of multi-modal transport companies, Singapore Bus Service changed its name to DelGro Corporation in November 1997. Bus operations were hived-off to a fully owned subsidiary called Singapore Bus Services Limited, which was separately listed on the Singapore Exchange.
In November 2001, Singapore Bus Services Limited was renamed as SBS Transit Limited when the company formally became a multi-modal transport operator with the impending opening of the Sengkang LRT Line.
On 29 March 2003, DelGro Corporation merged with Comfort Group to form ComfortDelGro. SBS Transit remains a subsidiary of the merged company.
In 2003, SBS Transit started operating the North East Line of the Mass Rapid Transit network in addition to its existing bus operations.
On 29 August 2011, SBS Transit was given the operation license for the Downtown Line, which started on 22 December 2013.
SBS Transit's primary business is providing public transport services in Singapore. Its more notable operations are the following.
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Wikipedia