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KUANTAN: The new Sultan Ahmad Shah Administration Centre will become an iconic building that serves as an inspiration to others, says Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah.
KUALA LUMPUR: Perak Transit Bhd, which posted a record net profit of RM14.87mil in the second quarter ended June 30, has declared a third interim dividend of 0.75 sen per ordinary share.
PETALING JAYA: Perak Transit Bhd has posted a 6% jump in net profit to RM14.26mil for the first quarter (1Q) ended March 31 from RM13.41mil a year earlier, on the back of a 14.7% surge in revenue to RM40.66mil compared to RM35.45mil previously.
KUANTAN: Authorities here have nabbed seven teenagers and youths who were allegedly racing motorcycles in an enhanced movement control order area. The arrests were made after the police tracked down several individuals seen in a Facebook video racing on the Kuantan Bypass near Terminal Sentral Kuantan. Kuantan OCPD Asst Comm Mohamad Noor Yusof Ali said the seven, aged from 15 to 27, were arrested under Operasi Khas Samseng Jalanan and have been remanded for four days until June 8. He said the operation was carried out at about 9pm on Friday (June 4). "Their actions posed great danger to themselves and other motorists. This illegal racing is believed to have taken place on May 30 at about 7pm. The suspects and their vehicles have been taken for further action," said ACP Mohamad Noor.
KUALA LUMPUR (Feb 23): Perak Transit Bhd reported net profit of RM13.19 million for the fourth quarter ended Dec 31, 2020 (4QFY20), up 12% from RM11.83 million in the previous year’s corresponding quarter, amid contributions from a newly commenced terminal. Revenue for the quarter rose 7.6% to RM35.26 million from RM32.76 million a year earlier. Earnings per share dipped to 0.69 sen from 0.83 sen. It declared a dividend of 0.8 sen per share for the financial year. In a statement, the group said the strong performance was underpinned by the Integrated Public Transportation Terminal (IPTT) operations, which saw higher project facilitation fee and better advertising and promotional (A&P) income, following the commencement of contributions from Kampar Putra Sentral from September onwards.
KUALA LUMPUR (Jan 14): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 15) include: FGV Holdings Bhd, TA Enterprise Bhd, AirAsia X Bhd (AAX), Pharmaniaga Bhd, Boustead Heavy Industries Corp Bhd (BHIC), See Hup Consolidated Bhd, Tek Seng Holdings Bhd, JCY International Bhd, George Kent (Malaysia) Bhd, Dayang Enterprise Holdings Bhd, Red Ideas Holdings Bhd, Jiankun International Bhd and Perak Transit Bhd. The Federal Land Development Authority (Felda) bought 22 million shares in FGV Holdings Bhd in the open market yesterday for RM28.38 million as part of its efforts to take the plantation company private. The shares were bought at RM1.29 per share, slightly lower than the RM1.30 cash offer Felda made for FGV shares.
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.