TransCab has announced that it will scrap 80 compressed natural gas-powered taxis that have failed Land Transport Authority inspections.
TransCab has called off its Initial Public Offering (IPO) after information surfaced about outstanding insurance premiums.
TransCab has received its eligibility-to-list from the Singapore Exchange and the initial public offering price will be made known soon.
A TransCab taxi bursts into flames along Woodlands Road on Tuesday afternoon - the second accident involving a cab catching fire in two weeks.
