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Comfortdelgro ( (SG:C52) ) just unveiled an update.
ComfortDelGro Corporation Limited is addressing serious allegations of scams and fraudulent taxi transactions involving its subsidiaries, A2B Australia Pty Ltd and Cabcharge Payments Pty Ltd, as reported by various Australian media outlets. The company has expressed its zero-tolerance stance on fraud and is actively investigating the matter with external legal counsel, promising to keep stakeholders informed of material developments in compliance with SGX Listing Rules.
More about Comfortdelgro
ComfortDelGro Corporation Limited is a Singapore-based transportation company that operates a wide range of services including taxis, buses, and other transport-related services. It has a significant market presence in several countries, focusing on providing efficient and reliable transportation solutions.
YTD Price Performance: -5.09%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.23B
Learn more about C52 stock on TipRanks’ Stock Analysis page.