ComfortDelGro, SG1N31909426

ComfortDelGro signs DKK 17 billion metro deal: 8 analysts cover ComfortDelGro stock

Published on 10/25/2026 at 00:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Oakleigh works begin in November 2026 and support 77 buses. ComfortDelGro stock has an SGD 1.564 average target from 8 analysts.

Three dated operating signals

  • ComfortDelGro's Copenhagen consortium signed a DKK 17 billion contract on October 13, 2026.
  • Oakleigh depot works are scheduled for November 2026 and will support 77 electric buses, with capacity for 85.
  • Two independent directors join the board on November 1, 2026, while the deputy chairman retires on December 31, 2026.
ComfortDelGro, SG1N31909426, Illustration mit AI erstellt.

ComfortDelGro signs a DKK 17 billion Copenhagen Metro contract, while ComfortDelGro stock remains tied to a broader operating expansion. The consortium agreement covers four metro lines through 2039, with operations scheduled to begin in September 2027, according to Metroselskabet on October 13, 2026.

Copenhagen adds a long contract

KBH Metro Partner, a joint venture between RATP Dev and ComfortDelGro, will operate and maintain Copenhagen's M1 to M4 lines under the 12-year agreement. The contract also includes an option for a further three-year extension, while modernization of the M1 and M2 lines is planned before 2035, Singapore Business Review reported on October 14, 2026.

What does the depot plan add?

ComfortDelGro Australia's Oakleigh project provides the clearest near-term operating measure. Works are scheduled to begin in November 2026, and the depot will support more than 77 battery electric buses with infrastructure designed for up to 85 vehicles, according to ComfortDelGro Australia on October 23, 2026. The 8-bus difference between the initial support level and planned capacity gives the project room to scale beyond its first deployment.

Three dated operating steps

On October 13, 2026, the Copenhagen consortium signed the DKK 17 billion contract. On October 15, 2026, ComfortDelGro announced 2 independent director appointments, effective November 1, 2026. On October 23, 2026, its Australian business set the Oakleigh project at 77 supported buses and 85 planned vehicles.

Dates for the next transition

The next dated step is November 1, 2026, when Chew Hock Yong and Ang Fung Fung are due to join the board. The Oakleigh electrification works are scheduled for November 2026, followed by the Copenhagen Metro operating start in September 2027.

Operating scale defines the story

The Copenhagen agreement adds a multi-year rail mandate, while the Melbourne project converts an existing depot into infrastructure for a larger electric fleet. Together, the 12-year contract and the 77-to-85-bus capacity plan put execution and mobilization at the center of the investment story.

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