Bus Cap Bhd (BUSCAP) is principally involved in bus building, covering the design and manufacturing of bus bodies, assembling them with chassis sourced from principals or dealers, installing fittings and accessories to form completely built up (CBU) buses, as well as providing bus repair and maintenance services.
The Malaysia bus building industry benefits from mandatory fleet replacement cycles, government initiatives, growing intercity travel and tourism recovery.
“We derive a fair value of RM0.28 by ascribing a c.8x PER to FY27F EPS.”
Source: PIB
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