History
Singapore Bus Service (SBS) was initially formed in 1973 with the merger of three private bus companies. The government-sanctioned merger was undertaken to improve service standards of the bus transport system.
With the shift towards the creation of multi-modal transport companies, Singapore Bus Service Ltd changed its name to DelGro Corporation Limited in November 1997. Bus operations were hived-off to a fully owned subsidiary called Singapore Bus Services Limited, which was separately listed on the Singapore Exchange.
In November 2001, Singapore Bus Services Limited was renamed as SBS Transit Limited when the company formally became a multi-modal transport operator with the impending opening of the Sengkang LRT Line.
Read more about this topic: SBS Transit
Famous quotes containing the word history:
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—Frances Burney (1752–1840)
“Yet poetry, though the last and finest result, is a natural fruit. As naturally as the oak bears an acorn, and the vine a gourd, man bears a poem, either spoken or done. It is the chief and most memorable success, for history is but a prose narrative of poetic deeds.”
—Henry David Thoreau (1817–1862)
“[Men say:] “Don’t you know that we are your natural protectors?” But what is a woman afraid of on a lonely road after dark? The bears and wolves are all gone; there is nothing to be afraid of now but our natural protectors.”
—Frances A. Griffin, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 19, by Susan B. Anthony and Ida Husted Harper (1902)