Business

Shahril Mokhtar appointed chief executive of PETRA Transit Systems

Former MRT Corp CEO aims to capitalise on opportunities in Malaysia and region

Updated 4 years ago · Published on 28 Jul 2021 8:09PM

Shahril Mokhtar appointed chief executive of PETRA Transit Systems
Datuk Seri Shahril Mokhtar has served as the group managing director of Prasarana Malaysia Berhad, and chief executive officer of MRT Corp. – The Vibes pic, July 28, 2021

KUALA LUMPUR – Datuk Seri Shahril Mokhtar, the former chief executive officer of Mass Rapid Transit Corporation (MRT Corp), has been appointed as the chief executive of PETRA Transit Systems (PTS) effective August 1.

PTS, the urban transit arm under the PETRA Group, provides urban mobility solutions by combining proven proprietary technology with market insights to deliver customised products and services that ensure reliable, sustainable, and secure transportation.

Its monorail systems offer economical and sustainable solutions, focusing on cities experiencing commuting challenges. 

PTS also acquired the intellectual property (IP) rights from the liquidators of Scomi Rail in November 2020.

“PTS has the experience, technology, and knowhow to become a global player in the rail business,” said Shahril. 

“Based on a mutual understanding, the value I am able to bring and the vision that chairman and chief executive of PETRA Group Datuk Dr Vinod Sekhar has, I see many synergies with the group. 

“There are many opportunities, not only in Malaysia, but also in the region,” he added.

Shahril kickstarted his career in PricewaterhouseCoopers in 1999 and plied his trade at several organisations before being named chief operating officer of the Land Public Transport Commission in 2010, now known as the Land Public Transport Agency. 

He has also served as the group managing director of Prasarana Malaysia Berhad, and CEO of MRT Corp.

“When you think about rail, Datuk Seri Shahril is one of the first names that would always be mentioned, as he comes with an illustrious portfolio, having been the CEO of MRT Corp and having a successful stint at Prasarana,” said Vinod.

“I could not have chosen anyone more qualified to take on this exciting yet challenging role at PETRA Transit Systems. I am certain that the company will be in the right hands, to take it to the next level in offering urban transit solutions to the world,” he added. – The Vibes, July 28, 2021

Related News

Malaysia / 2y

Penang LRT: MRT Corp to study feasibility of underground, undersea lines

Business / 2y

MRT Corp, Hong Kong’s MTR Corp ink MoU on mixed property development

Malaysia / 3y

Penang seeks clarity from fed govt on SRS Consortium’s role in LRT project

Business / 3y

Bashir Ahmad joins MRT Corp as chairman

Business / 3y

Change in govt won’t derail RTS project: MRT Corp

Business / 3y

MRT Corp CEO Zarif Hashim given three-month extension: source

Spotlight

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Opinion

Orang Asli in Pahang: Token gestures or genuine recognition?

Malaysia

Tuition teacher sentenced to 105 years in prison and 70 lashes for raping daughter

Malaysia

Azam Baki denies involvement in RM178.29 million contract linked to brother’s company

Malaysia

Aminuddin urges NS voters to weigh manifesto promising benefits for M40 and B40 groups

Malaysia

No need to resign, PM has absolute power if there is doubt – Ahmad Zahid

World

Gaza’s water crisis deepens as families face thirst, disease and collapsing sanitation systems

You may be interested

Business

Central bank policies remain crucial in shaping currency market movements

By Alfian Z.M. Tahir

Business

Oil prices near five-week high as US-Iran conflict fuels supply concerns

Business

Oil prices rally above US$84 per barrel as US-Iran conflict deepens

Business

Govt boosts SME digitalisation support with new smart manufacturing co-investment scheme

Business

Malaysia posts record RM340.9 billion trade in June as exports jump 45.4%

Business

Plastics industry faces tough year as raw material volatility add to cost pressures