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SBS Transit
SBS Transit Ltd (abbreviation: SBS or SBST) is a multi-modal public transport operator in Singapore operating bus and rail services. With a majority of its shares owned by Singaporean multinational transport conglomerate ComfortDelGro Corporation at 75%, it was formerly known as Singapore Bus Services before rebranding to SBS Transit on 1 November 2001.
It is the largest public bus operator in Singapore, as well as one of the two major operators of Singapore's rail services along with SMRT Corporation. It has a fleet of 3,329 buses and operates 196 routes, as of 2024.
Singapore Bus Services Limited was established on 1 July 1973 when the regional bus companies Amalgamated Bus Company, Associated Bus Services and United Bus Company (which were in turn results of amalgamations of privately run Chinese bus companies of the 1960s in 1971) agreed to merge their operations with each taking shareholdings of 53%, 19% and 28% respectively in the new company. The government-sanctioned merger was undertaken to improve service standards of the bus transport system.
SBS inherited many problems from its Chinese predecessors, including use of 14 non-standard bus models that frequently broke down, poor standards among the staff and inadequate infrastructure. Hence, the government seconded a Government Team of Officials to SBS in 1974 to overhaul the management and culture. Under the supervision of the GTO, SBS completely overhauled their bus fleet with new buses of usually the Albion Viking or Mercedes-Benz OF1413 makes and introduced a rigorous maintenance regime, improving the reliability of their buses greatly whereas a new disciplinary code was introduced, reducing complaints by half from 1979 to 1983.
In 1977, SBS introduced into service its first double-decker buses, the Leyland Atlantean AN68 on route 86 between Tampines Way and Shenton Way.
In light of dissatisfaction over bus services in the Jurong area and requests for improved coverage, SBS started a reorganisation of bus services across the country, starting with Jurong. This consisted of a network of internal services serving a town, with external services terminating at a point in the town, along with bus interchanges to serve as such termini. Additional depots were also constructed, which SBS claimed gave them more control over bus operations.
The company was replaced by the Singapore Bus Service (1978) Limited on 17 February 1978. In May 1978, the company implemented a rule that car owners were not allowed to purchase any shares, resulting in more than 5,000 applicants being unsuccessful. The stock was oversubscribed by about 27 times, with S$375 million received for 14 million shares at S$1.00 each. The company was listed on the Stock Exchange of Singapore (SES) on 26 June 1978.
In 1992, SBS were reorganised under a new subsidiary SBS Bus Services Pte Ltd. On 12 November 1997, the original Singapore Bus Services (1978) Limited was renamed DelGro Corporation, with SBS Bus Services Pte Ltd listed separately as Singapore Bus Services Limited on 10 December that year.
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SBS Transit
SBS Transit Ltd (abbreviation: SBS or SBST) is a multi-modal public transport operator in Singapore operating bus and rail services. With a majority of its shares owned by Singaporean multinational transport conglomerate ComfortDelGro Corporation at 75%, it was formerly known as Singapore Bus Services before rebranding to SBS Transit on 1 November 2001.
It is the largest public bus operator in Singapore, as well as one of the two major operators of Singapore's rail services along with SMRT Corporation. It has a fleet of 3,329 buses and operates 196 routes, as of 2024.
Singapore Bus Services Limited was established on 1 July 1973 when the regional bus companies Amalgamated Bus Company, Associated Bus Services and United Bus Company (which were in turn results of amalgamations of privately run Chinese bus companies of the 1960s in 1971) agreed to merge their operations with each taking shareholdings of 53%, 19% and 28% respectively in the new company. The government-sanctioned merger was undertaken to improve service standards of the bus transport system.
SBS inherited many problems from its Chinese predecessors, including use of 14 non-standard bus models that frequently broke down, poor standards among the staff and inadequate infrastructure. Hence, the government seconded a Government Team of Officials to SBS in 1974 to overhaul the management and culture. Under the supervision of the GTO, SBS completely overhauled their bus fleet with new buses of usually the Albion Viking or Mercedes-Benz OF1413 makes and introduced a rigorous maintenance regime, improving the reliability of their buses greatly whereas a new disciplinary code was introduced, reducing complaints by half from 1979 to 1983.
In 1977, SBS introduced into service its first double-decker buses, the Leyland Atlantean AN68 on route 86 between Tampines Way and Shenton Way.
In light of dissatisfaction over bus services in the Jurong area and requests for improved coverage, SBS started a reorganisation of bus services across the country, starting with Jurong. This consisted of a network of internal services serving a town, with external services terminating at a point in the town, along with bus interchanges to serve as such termini. Additional depots were also constructed, which SBS claimed gave them more control over bus operations.
The company was replaced by the Singapore Bus Service (1978) Limited on 17 February 1978. In May 1978, the company implemented a rule that car owners were not allowed to purchase any shares, resulting in more than 5,000 applicants being unsuccessful. The stock was oversubscribed by about 27 times, with S$375 million received for 14 million shares at S$1.00 each. The company was listed on the Stock Exchange of Singapore (SES) on 26 June 1978.
In 1992, SBS were reorganised under a new subsidiary SBS Bus Services Pte Ltd. On 12 November 1997, the original Singapore Bus Services (1978) Limited was renamed DelGro Corporation, with SBS Bus Services Pte Ltd listed separately as Singapore Bus Services Limited on 10 December that year.