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
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There are only two great currents in the history of mankind: the baseness which makes conservatives and the envy which makes revolutionaries.”
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—Eugène Ionesco (b. 1912)