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Trades about 89% below its sector, cheaper than its peers on earnings.
Perak Transit Bhd. operates as an investment holding company, which engages in the transportation terminal, transportation hub, and shopping complex. It operates through the following segments: Operation of IPTT, Operation of Public Transportation, Operation of Petrol Station, Operation of Telecommunication Tower Construction, and Others. The Operation of IPTT segment focuses on the rental of A and P spaces, shops and kiosks, project facilitation, and others such as profit sharing from terminal management, terminal management system, car park fee, and taxi entrance fee. The Operation of Public Transportation segment is involved in the operation of public stage buses. The Operation of Petrol Station segment refers to the sale of petrol and retail mart products. The Operation of Telecommunication Tower Construction segment represents the provision of construction and engineering services for the building of telecommunication towers. The Others segment consists of investment holding or having principal activities unrelated to operators of IPTT, public transportation, petrol station, and telecommunication tower construction operations. The company was founded by Kong Fitt Cheong on September 5, 2008 and is headquartered in Ipoh, Malaysia.
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