PETALING JAYA: TA Research is mildly positive on Perak Transit Bhd
’s proposed collaboration to manage the Tanjong Malim bus terminal as the new terminal is expected to contribute additional revenue to the group, albeit small.
Perak Transit received a letter from Majlis Daerah Tanjong Malim to manage the terminal at a specified monthly rental payment for a period of 30 years.
TA Research believes this collaboration with the council will involve Perak Transit incurring some capital expenditure to refurbish or expand the terminal, operating expenditure for the day-to-day operations and collection of fees from express bus operators and income from rental of shops and kiosks.
...