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Perak Transit Share price rises as Terminal Kampar nears completion

Last update: 17/04/2018

KUALA LUMPUR, April 17 (Bernama) --Perak Transit Bhd's share price advanced by one sen to 26 sen with its Terminal Kampar project now 60 per cent complete and be ready by the fourth quarter of this year.

Public Investment Bank Bhd said in a note that company is slated for migration to the main market by July or August 2018.

"It will also revise the rental of advertising and promotional spaces by 15 per cent," it added.

At 11.41 am, 5.31 million shares of Perak Transit were traded.

The research house said Perak Transit was the only bus terminal operator in Ipoh and likely to be as such in other satellite towns within the state, and strong earnings growth is expected from operations of the new Terminal Kampar.....


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