Singapore imposes fine on SMRT following major MRT disruption
Under Singapore's current regulations, rail operators can be fined up to 750,000 USD or 10% of annual fare revenue from the affected line—whichever is higher. SMRT reported earnings of 6.2 million SGD before interest and tax for the 2023/24 financial year from operating the Bukit Panjang LRT and four MRT lines.