MALAYSIA’S first pure-play bus builder on Busa Malaysia, Bus Cap Bhd, has unveiled the emergence of transport industry veteran Datuk Lee Sing Gee as a substantial shareholder in the group that boasts a 58-year operating track record.
Based on recent regulatory filings, the low-profile Lee currently holds 21.16 million shares which represent an approximately 5.52% equity interest in Bus Cap.
This follows his acquisition of a further 3.16 million shares from the open market on June 3 – the day Bus Cap was officially listed on the ACE Market.
The managing director of Wawasan Sutera Travel & Tours Sdn Bhd and Aerobus Malaysia bringing more than 20 years of operational experience to Bus Cap’s shareholder base.
Under his management, these entities have grown into key domestic transport providers by offering airport transfers, express bus operations, tour and charter coach services, and corporate mobility solutions.
Officially launched in 2007, Aerobus Malaysia is widely recognised for its intercity and airport transit networks by having connected major commercial hubs to key destinations such as Kuala Lumpur International Airport (KLIA), KLIA2 and Genting Highlands.
“Lee’s experience in managing transportation and tourism businesses which are supported by a sizeable operating fleet gives him a strong understanding of the industry ecosystem we serve,” enthused Bus Cap’s executive director Bernard Ng Chong Yan.
“As Malaysia’s first pure-play bus builder listed on Bursa Malaysia, Bus Cap is focused on scaling our manufacturing capacity, improving operational efficiency and supporting the evolving needs of transport operators across Malaysia and Singapore.”
Added Lee: “The emergence of an experienced transport industry participant as a substantial shareholder is an encouraging vote of confidence in our business fundamentals, our post-listing growth plans and the long-term role Bus Cap can play in Malaysia’s mobility value chain.”
Lee’s industry background is supported by his operational oversight of a network encompassing more than 300 transport vehicles, including coaches, vans and specialised mobility assets.
This includes a well-established grassroots operational footprint within the Klang Valley region, driven by the execution of public transport shuttle services and municipal transit contracts such as the Smart Selangor bus initiative.
This deep regional presence provides direct exposure to grassroots passenger mobility trends, fleet operations and the practical asset requirements of modern transport operators in Malaysia.
To re-cap, Bus Cap’s public issue IPO (initial public offering) raised gross proceeds of RM24.69 mil.
These funds are explicitly allocated to fund the construction of a new factory, purchase semi-automated machinery and support on-going working capital requirements to facilitate expanded production volumes.
At 2.45pm, Bus Cap was down 1 sen or 3.33% to 29 sen with 1.59 million shares traded, thus valuing the company at RM111 mil. – June 5, 2026
