The SMRT board rewarded themselves by declaring an interim dividend of 1.5 cents per ordinary share. If the 3.2 per cent hike was so lucrative, it is unlikely their grubby little hands will let go of the 3.6 per cent hike impending. You were expecting the board to recommend a fare decrease? Oil price, the mother of all justifications for fare hikes, has slumped by almost a third this year to below US$80 a barrel. That’s for us mere mortals so fret about the recession proof public transport operators never lose sleep over details like these. What do you think?
Posted on: Tue, 02 Dec 2014 02:34:01 +0000
Trending Topics
Recently Viewed Topics
© 2015