Temasek-owned SMRT in talks to sell taxi business to Grab

Grab SMRT

SMRT, fully owned by the government’s Temasek Holdings, is in talks to sell its taxi business to private hire operator Grab. If successful, SMRT with a fleet of 3,400 taxis in business for 27 years, will mark an end of their taxi business in history. The proposal is also for SMRT to have a stake in […]