CAPE EMS Bhd, a Main Market-listed electronic manufacturing services (EMS) solutions provider with global presence, has inked a memorandum of agreement (MOA) with Perak Transit Bhd to undertake joint planning and execution of large-scale infrastructure and renewable energy (RE) projects in Perak.
This landmark partnership with the leading operator of integrated public transportation terminals in Malaysia is envisaged to set the stage for the modernisation of public transport nodes and expanding clean energy adoption in Perak.
The MOA encompasses two core project scopes. Firstly, Cape EMS and Perak Transit will explore the implementation of a e-mobility initiative to enhance the functionality and interactivity of smart bus stops.
Secondly, both parties intend to collaborate on the development of an electric vehicle (EV) hub in Ipoh focused charging and mobility centre.
As part of its MOA, Cape EMS will serve as a strategic service provider across identified project sites owned or managed by Perak Transit or its subsidiaries.
The group is expected to lead the delivery, installation, engineering works, testing and commissioning of the required systems and infrastructure through its fully owned subsidiary.
Additionally, Cape EMS will also support preventive maintenance activities for the deployed equipment while providing expertise in securing the necessary permits, licences and regulatory approvals.
“We’re pleased to join forces with Perak Transit on a progressive collaboration that places sustainability, innovation and mobility at the heart of public infrastructure,” the group pointed out.
“This alliance reflects Cape EMS’s growing momentum in delivering high-impact renewable energy (RE) and smart city solutions as part of our broader expansion strategy.”
More broadly, the MOA will also enable Cape EMS and Perak Transit to contribute meaningfully to Malaysia’s sustainable infrastructure ambitions by combining their respective expertise in precision manufacturing and public transport operations.
Together, both parties aim to deliver forward-looking, high-quality solutions that support the nation’s clean energy transition while re-defining the future of public mobility through smart and sustainable infrastructure development.
At the close of today’s (Oct 2) market trading, Cape EMS was unchanged at 30 sen with 3,76 million shares traded, thus valuing the company at RM298 mil. – Oct 2, 2025
