Tranx Galaxy

Monday, August 30, 2004

Incorporation of Tranx Galaxy

Press Release: 27 August 2004

Incorporation of Tranx Galaxy

Speech

1 Good morning Minister for Transport, ladies and gentlemen. Welcome to the incorporation of Tranx Galaxy.

2 Today, Tranx Galaxy will be incorporated as a multi-modal transport company in Singapore. The company's aim is to provide faster links between housing estates at affordable fares, following the fare structure for normal trunk services approved by the PTC.

3 Tranx Galaxy will officially commence operation on 29 August 2004, Sunday, with the introduction of 2 bus services: service 966, which plies from Woodlands to Marine Parade and service 152, which plies from Boon Lay to Bishan. The first bus will be flagged off at Woodlands and Boon Lay bus interchanges at 10.30am on 29 August 2004 and commuters will enjoy free rides on that day.

4 Tranx Galaxy boasts a full fleet of the newest city buses with Euro 4 emission standards to enhance passenger comfort. For a start, 20 Pininfarina-designed Volvo and Dennis Tridents double-deckers will be deployed on services 966 and 152 along with the 12-metre Mercedes Benz buses. We have also placed orders for 20 units of Wrightbuses and 20 units of Pininfarina-designed Mercedes Benz articulated buses to cater to future services with high demand.

5 The road ahead of Tranx Galaxy is challenging, as we begin to understudy several advanced mass rapid transit systems in the world and recruiting experienced rail operators at the same time. All is done to ensure that the Circle Line will commence operations smoothly in 2006.

6 Tranx Galaxy will always strive for excellence. Travel with Style, Travel with Tranx Galaxy.

7 Thank you.

Mr Oliver Yuen
CEO, Tranx Galaxy