Perak Transit Berhad Appoints Ng Wai Luen as Independent and Non Executive Chairman of Risk Committee

Perak Transit Berhad is a Malaysia-based investment holding company. The Company is principally involved in the operations of integrated public transportation terminals (IPTT(s)), and the provision of public bus services in Malaysia. It is also involved in the petrol station operations in Ipoh, Lahat and Kuala Kangsar in Perak, as well as the construction of telecommunication tower. Its segments include IPTT operations, Bus operations, Petrol stations operations and Telecommunication tower construction operations. Its IPTT operations include rental of advertising and promotional spaces, shops and kiosks, project facilitation and others such as profit sharing from terminal management, car park fee and taxi entrance fee in Terminal Meru Raya and Kampar Putra Sentral, and terminal management fee in Terminal Sentral Kuantan. It is involved in the sale of petrol and retail mart products. It provides construction and engineering services for the building of telecommunication towers.