Trans-Cab set to take over Smart taxis
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Trans-Cab set to take over Smart taxis
TRANS-CAB, the newcomer that became the second largest taxi operator here in less than 10 years, is set to acquire the fleet of rival Smart Taxis.
Smart will relinquish its operating licence in September after it failed to meet the Land Transport Authority's service standards and maintain a minimum fleet size of 800.
Smart, with 268 cabs last month, started in 2003 - the same year as Trans-Cab - when the Government liberalised the industry.
Trans-Cab chief executive Teo Kiang Ang told The Straits Times yesterday that the deal has yet to be finalised. He would not disclose the sum involved.
Smart's powder-green taxis will be resprayed to sport Trans-Cab's corporate red.
The deal, if concluded, should bring Trans-Cab's fleet to more than 4,700.
Smart Taxis managing director Johnny Harjantho was not available for comment.
CHRISTOPHER TAN
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So Prime Taxi last time gong jiao way?...
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you look really dumb plucking articles from us to post here!
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Originally posted by ecabby:
you look really dumb plucking articles from us to post here!
You Christopher Tan?...
Or I'm too dumb to realize who are you?...
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Dun waste ur time....
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Originally posted by Keepthechange666:
You Christopher Tan?...
Or I'm too dumb to realize who are you?...
of course you are dumb. sia suay man.
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dumber and dumber
dumb dumb
dumb dumb dumb...
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Originally posted by Keepthechange666:
Trans-Cab set to take over Smart taxis
TRANS-CAB, the newcomer that became the second largest taxi operator here in less than 10 years, is set to acquire the fleet of rival Smart Taxis.
Smart will relinquish its operating licence in September after it failed to meet the Land Transport Authority's service standards and maintain a minimum fleet size of 800.
Smart, with 268 cabs last month, started in 2003 - the same year as Trans-Cab - when the Government liberalised the industry.
Trans-Cab chief executive Teo Kiang Ang told The Straits Times yesterday that the deal has yet to be finalised. He would not disclose the sum involved.
Smart's powder-green taxis will be resprayed to sport Trans-Cab's corporate red.
The deal, if concluded, should bring Trans-Cab's fleet to more than 4,700.
Smart Taxis managing director Johnny Harjantho was not available for comment.
CHRISTOPHER TAN
This is business transaction, as long as nothing is finalise, the outcome can be very much different, just like footballers, rooney can go chelsea, can go Real madrid, but can also end up at PSG or Home united..lols
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Originally posted by Sxx1237L:
of course you are dumb. sia suay man.
Again! I talk to ecabby, you jump in...
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Originally posted by bowah:
This is business transaction, as long as nothing is finalise, the outcome can be very much different, just like footballers, rooney can go chelsea, can go Real madrid, but can also end up at PSG or Home united..lols
When TC say buy over Smart, got inclusive of taxi drivers or not?...
Few of my friends driving Smart currently owe TC money, that's why jump ship leh...
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Originally posted by bowah:
This is business transaction, as long as nothing is finalise, the outcome can be very much different, just like footballers, rooney can go chelsea, can go Real madrid, but can also end up at PSG or Home united..lols
For sure, will not end up in lion xll
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Originally posted by Keepthechange666:
Again! I talk to ecabby, you jump in...
we all for one, not like you all quarrel with each other. where your useless sidekicks jdil and jr? run road liao. Fight among yourselves again? maybe that 2 shits got some brains and learn cannot fight against our chief and rsm and give up, but you way too stupid to learn this.
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Originally posted by Keepthechange666:
When TC say buy over Smart, got inclusive of taxi drivers or not?...
Few of my friends driving Smart currently owe TC money, that's why jump ship leh...
No lah, buying is different from acquisition, the former can choose, and the later represent the taking over of the whole operation at a discount price.So, that is why business term is important to understand, TC is buying over smart fix asset, meaning can be their taxi, their office or service centre. Human are fluid asset, liquitable in a sense, and the buyer can choose to opts out, beside, TDs are self employed, in the eyes of the employment laws, they are not covered.
TC job is taxi rental and provide support of what was/were rented. Taxi drivers rental out the taxis and drive, and because of the rental clauses that required the driver to follow TC regulations, Taxis driver must oblige to it
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Originally posted by CSM1:
we all for one, not like you all quarrel with each other. where your useless sidekicks jdil and jr? run road liao. Fight among yourselves again? maybe that 2 shits got some brains and learn cannot fight against our chief and rsm and give up, but you way too stupid to learn this.
You bo update hor, JDIL got bigger playground to play with...
JR still posting what...
Your chief very bad in real life? you must do such things to him?...
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Originally posted by bowah:
No lah, buying is different from acquisition, the former can choose, and the later represent the taking over of the whole operation at a discount price.So, that is why business term is important to understand, TC is buying over smart fix asset, meaning can be their taxi, their office or service centre. Human are fluid asset, liquitable in a sense, and the buyer can choose to opts out, beside, TDs are self employed, in the eyes of the employment laws, they are not covered.
TC job is taxi rental and provide support of what was/were rented. Taxi drivers rental out the taxis and drive, and because of the rental clauses that required the driver to follow TC regulations, Taxis driver must oblige to it
I wonder, SMART really got 268 taxi or not?...
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Originally posted by Keepthechange666:
I wonder, SMART really got 268 taxi or not?...
Tc current fleet is about 4700....
This 268 unit is about they're 3yrs 2% fleet increase quota....
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Originally posted by Keepthechange666:
I wonder, SMART really got 268 taxi or not?...
Yes, they actually got more than that, but in certification only, every year, taxi companies will out bids each other for COEs beside the allocated one by govt, let say govt allocate 500 for cdg, 200 for TC, 150 for smrt and so on, after given out all these allocation, what left on the pool can be a 1000 COEs (open market) for taxis to out bid each other to take it, once taken, they do not need to buy a taxis until 6 months to a year time depending on the regulations, and by then if they do not get the taxis, these COE will become invalid.Therefore Smart would had hold some COEs which is transferrable and consider an asset, and in accounting term or business going concern, it is part of the fleet. So, you might not believe that smart got so much cab, you can be right, they hold it on paper form only.
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Originally posted by Keepthechange666:
You bo update hor, JDIL got bigger playground to play with...
JR still posting what...
Your chief very bad in real life? you must do such things to him?...
Yup, we got more important things in life no need to join group or post in forum. Wanna makan, heck no need to join to have one, tomight me and my family got Korean BBQ. But we wont be talking about td driving.