SBS Transit / Comfort Delgro

SBS Transit / Comfort Delgro: Comfort Delgro’s 75.2% owned SBS Transit operates the NEL MRT Line, which broke down yday morning and affected 58k commuters, even as Transport Minister Lui Tuck Yew announced measures to improve rail network reliability. The LTA revealed it is tightening the Rapid Transit Systems regulatory framework and will be reviewing the current max penalty of $1.0m for each train incident, intending to peg the quantum to a percentage of the operators' annual fare revenue from the affected MRT line.