A new joint venture company, Strides Premier, will be formed. - ST
SINGAPORE (The Straits Times/Asia News Network): Temasek-owned transport operator SMRT Corp is merging its taxi business with newly sold Premier Taxis’ to form Singapore’s second-largest cab operator with a fleet of around 2,500 taxis.
Premier, once owned by the scions of the Chua family, which started Mercedes-Benz dealer Cycle & Carriage more than 100 years ago, was sold to vehicle trading group Carros Project Management in August 2022 for an undisclosed sum.
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