KUALA LUMPUR: Perak Transit Bhd
’s wholly-owned unit, Perlis Sentral Sdn Bhd, has entered into a memorandum of understanding (MoU) with Majlis Perbandaran Kangar (MPKangar).
Under the MoU, MPKangar agrees to appoint Perlis Sentral to manage Terminal Perlis Sentral under a service contract valued at a specified sum, with a tenure of 15 years.
In a filing with Bursa Malaysia, Perak Transit said Perlis Sentral’s participation in the MoU supports the group’s plan to develop and operate integrated public transport terminals in Malaysia.
It added that this aligns with its strategy to secure more third-party terminal management contracts, strengthening its asset-light model through expertise in terminal operations.
Perak Transit executive director Datuk Cheong Peak Sooi said it commenced operations and management of Terminal Perlis Sentral on March 24, 2025 with the implementation of the Perak Transit Terminal Management System.
“Currently, 27 express bus operators are operating in the terminal. Terminal Perlis Sentral is a single-storey building, with a land area of approximately 5.31 acres, a gross built-up area of approximately 19,448 sq ft, and a net leasable area of approximately 2,729 sq ft for shops and kiosks,” he said, adding that the final definitive agreement relating to the collaboration would be finalised and signed in the near term.
