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ComfortDelGro commences rail services in NZ, replaces previous operator
This was done through Auckland One Rail (AOR), a 50:50 joint venture between ComfortDelGro and Australian rail operator and maintenance company UGL Rail Services.
AOR took over the entire issued share capital of the network's previous operator, Transdev Auckland Limited, for NZ$10,100 (S$9,330). This was fully satisfied in cash and funded through internal resources, the company said.
