SGX-listed ComfortDelGro’s Australian assets may be more valuable than the parent itself

SGX-listed ComfortDelGro’s Australian assets may be more valuable than the parent itself

Yellow CityCab Pte taxis, managed by ComfortDelGro Corp., sit at a traffic light in the central business district in Singapore. Photographer: Nicky Loh/Bloomberg

The Australian businesses of Singapore-based transport operator ComfortDelGro, which it is trying to sell or list, may command a valuation higher than the parent company itself, said equity analysts that DealStreetAsia spoke to.