Singapore's SBS buys 400 Scania buses for $103 mln
SINGAPORE, Sept 8 (Reuters) - Singapore bus operator SBS Transit (SBVV.SI: Quote, Profile, Research, Stock Buzz) said on Monday it will buy 400 new buses from Sweden's Scania (SCVb.ST: Quote, Profile, Research, Stock Buzz) for S$147 million ($103 million) as part of its fleet renewal programme.
The new Scania V EEV buses will be the first buses in Asia to meet the latest European environmental standards, said SBS Transit, which is a unit of Singapore land transport conglomerate ComfortDelGro (CMDG.SI: Quote, Profile, Research, Stock Buzz). (Reporting by Kevin Lim, editing by Neil Chatterjee)
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