Will You Add? - A Tale Of Two Companies

ComfortDelGro is the “world’s second largest public listed land transport company with a fleet of more than 40,000 vehicles”. It is the parent company for Comfort and SBS Transit which are the market leaders in taxi and bus industry in Singapore respectively. SMRT, the market leader for train services, is a multi-modal public transport company offering train, bus and taxi services, as well as expertise in consultancy and project management in railway systems. Both companies have advertising arms.

In a newspaper report by The Straits Times (attached below), it was reported that ComfortDelGro has submitted a position paper to the Ministry of Transport, giving their two-cent worth on how the public transport industry should be structured. Two specific suggestions are given: to merge with rival SMRT to create one big giant transport company, or to have two separate companies with different areas of expertise – one running buses while another operating trains. (Note: It should be quite obvious that SBS Transit will be the natural bus company and SMRT will be the train company).

It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:

Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.” Portable Toilet Hire Explained Simply
Hiring portable toilets for a construction site, an event, a concert, party or large gathering can be confusing process given that you could hire a self contained chemical toilet, chemical disabled toilet, portable mains connect toilet, disabled toilet with baby changing facilities or urinal units.This article aims to explain some of the differences between the various types and what you should look for in terms of accreditations to ensure that you have peace of mind.Most are self contained chemical toilets with either cold water handwash, warm water handwash or hot water handwash. Warm and hot water handwash normally require mains electricity wh industry in Singapore respectively. SMRT, the market leader for train services, is a multi-modal public transport company offering train, bus and taxi services, as well as expertise in consultancy and project management in railway systems. Both companies have advertising arms.

In a newspaper report by The Straits Times (attached below), it was reported that ComfortDelGro has submitted a position paper to the Ministry of Transport, giving their two-cent worth on how the public transport industry should be structured. Two specific suggestions are given: to merge with rival SMRT to create one big giant transport company, or to have two separate companies with different areas of expertise – one running buses while another operating trains. (Note: It should be quite obvious that SBS Transit will be the natural bus company and SMRT will be the train company).

It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:

Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.” Five Tips for Successful Online Job Hunting
The Internet has made job hunting online much, much easier for everyone involved. Employers can post their job listings online and search resume databases while job hunters can search the listings and place their resume in online databases. As easy as things have become, it can still be difficult to job hunt online. Here are five tips that will make your efforts much more successful.1. Customize Your Cover Letter and ResumeDon't send the same generic cover letter and resume to every potential employer. If you are applying for a specific job, then you should tailor your cover letter and resume to that job and company. Otherwise, they are stuck read two-cent worth on how the public transport industry should be structured. Two specific suggestions are given: to merge with rival SMRT to create one big giant transport company, or to have two separate companies with different areas of expertise – one running buses while another operating trains. (Note: It should be quite obvious that SBS Transit will be the natural bus company and SMRT will be the train company).

It is not hard to fathom why ComfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:

Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.” Why Newsletters Work to Market a Coaching or Therapy Practice
To attract clients who pay in full and out of pocket for your services, it's imperative to position yourself as a helpful expert. This is true whether you are a business consultant, a beautician, a psychotherapist, a gardener, a car mechanic, a coach or a massage therapist.It's a simple fact of human behavior: People are more likely to believe that you can help them if they perceive you as an expert, which, in turn, increases the likelihood that they will hire you. For example, you wouldn't choose a car enthusiast to overhaul your engine; you'd choose an experienced mechanic.Newsletters are one of the simplest and most effective ways to establish omfortDelGro is keen to push for the two scenarios because they will have the upper hand in both scenarios. For the first scenario, if they were to merge with SMRT, it would most likely to be a take-over exercise rather than merger. With a market capitalisation of S$4.8 million over SMRT’s S$2.6 million and a ferocious appetite for aggressive acquisition, it would be quite unthinkable that they are willing to “merge” with SMRT. I speculate that they would have said something like this in their position paper:

Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.” Careers In Modelling – How To Look Good
Careers in modelling – how to look good In modelling, your body is your most important asset. If you don’t look after your health and your looks, the telltale signs will be obvious to prospective agencies and employers and you’ll find it difficult breaking into the industry or progressing in your modelling career. Here are some tips on how to look after your health and your body and how to present yourself well to get ahead in modelling. Eat a healthy diet Beauty isn’t just on the outside – what we do to the inside of our bodies has a major impact on how healthy we look on the outside. It’s therefore important to eat healthily. Aim would have said something like this in their position paper:

Having a one giant company would create a company that can offer a holistic transport solution to Singapore with economy of scale. Also, by taking over merging with SMRT, we will hasten the process of achieving our mission of creating the world’s number one land transport operator. This would be Singapore’s pride: the largest land transport operator which is profitable.”

For the second scenario, though left with buses only, they will be able to use buses to compete with the trains by offering point-to-point services and direct bus services which are what the passengers wanted – faster and more direct services without the hassle of transfers.

Hitherto, SMRT has not yet put forth any position paper. Judging by their rival’s move, I would think they would be forced to come out with one. Already, they are managing shareholder and market’s expectation by responding to media about the position paper submitted by ComfortDelGro. A day after the news was reported, SMRT responded:

“(SMRT) Having operated trains and buses for over five years, we have grown to understand the synergistic benefits of a multimodal model. This is our preferred mode.”

What could we read from this statement? It could mean that they are supportive of the merger to create one big giant company, but this is quite unlikely as they will be a takeover subject. Another possibility is that they are against the one-bus-one-rail industry structure advocated by their rival. It is not hard to think why they are against bus-rail competition because the bus company could employ a bus network strategy that degrade the attractiveness of feeder buses to train stations while offering direct trunk services that offer door-step services or point-to-point services to compete with the trains (which SBS Transit is already doing so by replacing feeder services with passing through trunk services). Without the support of feeder buses, the trains will be left with pockets of small catchments area around the train stations.

What then is the government preferred industry structure? Minister for Transport Raymond Lim had previously state that there i

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