Perak Transit Berhad Stocks

Perak Transit Berhad, an investment holding entity, primarily focuses on developing, owning, and managing integrated public transportation terminals (IPTTs) throughout Malaysia. The company's diverse business operations are structured into five key divisions: 1. IPTT Operations: This segment includes the operation of its comprehensive terminals, specifically Terminal Meru Raya and Kampar Putra Sentral. 2. Bus Operations: Perak Transit manages a significant bus fleet, providing stage and express bus services. Additionally, it offers bus charter solutions and advertising opportunities on its vehicles. As of December 31, 2022, its fleet comprised 152 buses, consisting of 110 stage buses, 37 express buses, and 5 Perak Hop-On Hop-Off buses. 3. Petrol Stations Operations: The company also runs petrol stations located in Ipoh, Lahat, and Kuala Kangsar, all within the state of Perak. 4. Mining Management Operations: Perak Transit is involved in managing mining activities. 5. Telecommunication Tower Construction Operations: This division provides construction and engineering expertise for the development of telecommunication towers. Furthermore, the company offers various management services, including oversight for bus operations and human resources. Established in 2006, Perak Transit Berhad is headquartered in Ipoh, Malaysia.