KUALA LUMPUR (Jan 14): Perak Transit Bhd has teamed up with concession owner Energetic Point Sdn Bhd to operate Terminal Sentral Kuantan in Pahang, which serves as a hub for express buses as well as local city buses.
Perak Transit said the collaboration is in line with the group’s business plans to develop and operate integrated public transportation terminals in other cities.
"The collaboration is consistent with the overall corporate strategy to capture opportunities to further expand its business to provide its valuable experience and know-how in terminal set up, management and operation of bus terminals. By venturing into terminal management services, it involvs minimal capital expenditure with faster growth and recurring earnings," it added in a bourse filing today.