Bus Cap Shares Surge 22% to a Record High, With No New Filing Behind It

Bus Cap Berhad shares closed at RM0.995 on Thursday, up 22.1%, after touching an all-time high of RM1.070 intraday. The ACE Market bus maker traded over 11 million shares, and no new Bursa filing explains the move.

Why is Bus Cap share price surging?

• No company announcement was filed today. The last disclosures were two small director share disposals this week (KLSE Screener).
• Those disposals total 105,000 shares— a small fraction of today’s volume (KLSE Screener, 5 and 7 Oct).
• The stock has nearly doubled since 30 September’s close of 52.5 sen, its latest sharp run-up since listing in June (Yahoo Finance).

What’s behind Bus Cap’s run this year?

• Shares jumped 42% on 18 August, the day Bus Cap signed its BYD Malaysia EV-bus MOU (Sinchew).
• Second-quarter revenue rose 39.7% quarter-on-quarter to RM26.95 million, on higher bus deliveries (Bursa filing, 21 Aug; Chinapress).
• A 2 October brokerage noteflagged resistance at 60–66 sen — since blown past (Chinapress, citing Dingfeng Securities, not our view).

Track the live price on the Bursa heat list, or read how another ACE Market name moved on heavy volume this quarter, Top Glove’s results-day surge.

What to watch

• By ~30 Nov 2026Q3 FY2026 results(quarter to 30 September) are due, following the roughly two-month gap between quarter-end and filing seen in Bus Cap’s first two reports this year (KLSE Screener filing history).
• OngoingWhether today’s run holds, given the stock pulled back sharply after each of its last two sharp run-ups this year (Yahoo Finance price history).

Sources

Bursa filings (via KLSE Screener)

• 5 Oct: Changes in Director’s Interest, Puan Aliza binti Ashari (50,000 shares)
• 7 Oct: Changes in Director’s Interest, Puan Aliza binti Ashari (50,000 shares)
• 7 Oct: Changes in Director’s Interest, Puan Rose Zilawati binti Mohamed Arifin (5,000 shares)
• 18 Aug: General Announcement, MOU with BYD Malaysia Sdn. Bhd.

Reporting and data

• BusinessToday: Bus Cap, BYD Plan For Localised Electric Bus Assembly Plant In Perak
• BusinessToday: Dato Lee Sing Gee Emerges As Substantial Shareholder In Bus Cap
• KLSE Screener: BUSCAP quote page
• i3investor: BUSCAP overview (market cap cross-check)
• Yahoo Finance: 0455.KL daily prices and volumes, 8 July to 8 October 2026