Transport giant ComfortDelGro Corp will have to contend with thinner margins, higher debts, more mergers and acquisitions, and new businesses if it wants to continue growing, according to its long-serving chairman Lim Jit Poh.
Speaking to The Straits Times as the group - the result of a merger between Comfort Group and DelGro Corp - turned 15 last week, Mr Lim said: "We are fully aware that the playing field has changed. Technological advances are going to change the make-up of the very vehicles we rely on as a mainstay of our business."
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?