(Bursa: 4847)

Park May Berhad provides public bus transportation in Peninsular Malaysia. Its services can be broadly categorized into stage and express bus. It currently operates stage buses in mainland Penang / northern Perak, Seremban and its vicinity and Kuantan. Its express services are predominantly concentrated along the North South Expressway. :::::: The Company was mandated to jointly lead stage bus operations in the Klang Valley in 1994, as part of the Government's plan to rationalize and modernize the urban transport system. In response to this, the Company had introduced a new fleet of buses, equipped with advanced ticketing systems, and expanded its area of operations in the Klang Valley partly through the acquisition of other operators and/or their routes. The Company markets its stage bus operations through its internally developed brand name, Cityliner. :::::: In 1995, Park May Berhad was also appointed to lead one of the two consortia for express bus operations along the North South Expressway. Its express service is represented by Plusliner, which caters for the lower/middle income group, and NiCE, which is targeted at the higher end market. Having established a foothold in the Malaysian public bus industry, Park May Berhad is presently undergoing a consolidation phase to strengthen its position in its primary areas of operations.


+0.025 (+5.56%)
Range 0.445 - 0.475   (6.74%)
Open 0.450
Previous Close 0.450
Bid Price 0.470
Bid Volume ('00) 2,300
Ask Price 0.480
Ask Volume ('00) 890
Volume ('00) 93,294
Value 4,287,389
Delayed prices. Updated at 12 Apr 2024 17:31.
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