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With VMY2026 driving tourism transport demand plus government push for public transport expansion (Penang BRT, KL bus modernisation, RTS Link feeder buses), the demand backdrop is supportive. Worth monitoring IPO reception
Malaysia government has been pushing for electric bus adoption in public transport, especially in Penang, KL, and JB. Existing fleet operators will need to retrofit or replace their diesel buses, and that means demand for bus manufacturers AND maintenance specialists.