Perak Transit explores new growth avenues

Quick Summary:

KUALA LUMPUR: Perak Transit Bhd is actively pursuing new third-party terminal management services to grow its asset-light business, as demonstrated by its collaborations to operate Terminal Sentral Kuantan in Pahang and Terminal Bas Shahab Perdana in Kedah.

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This new business segment aligns with the group’s strategy to pursue new opportunities, diversify its earnings base and reduce dependency on its existing business,” it added.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Perak Transit /Business/Business News Corporate News Asset light Dividend

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 17:48:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23655304

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

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News Last Updated: 1 hours ago

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Publisher ID: #22

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