Perak Transit Berhad (Perak Transit) announced a share buyback initiative on August 6, 2026, underscoring the company’s confidence in its intrinsic value and long-term growth prospects.
Share Buyback Initiative Part of Perak Transit’s Transformation under Jeffrey Cheong
Perak Transit said its share price did not fully reflect the strength of its underlying business, its core transit operations, or the long-term value expected from its ongoing strategic transformation. The buy-back was described as a “prudent capital management exercise” intended to reinforce confidenc...
Share Buyback Initiative Part of Perak Transit’s Transformation under Jeffrey Cheong
Perak Transit said its share price did not fully reflect the strength of its underlying business, its core transit operations, or the long-term value expected from its ongoing strategic transformation. The buy-back was described as a “prudent capital management exercise” intended to reinforce confidenc...
