18 January 2025, Kuala Lumpur – PUC Berhad (Stock Code: 0007 on Bursa Malaysia) announced the appointment of Mr. Ting Teck Sheng as the Independent Non-Executive Director of the company. The appointment aligns with PUC Berhad’s ongoing efforts to strengthen its leadership team and corporate governance framework.
The announcement was made during a strategic event held at Vivatel Hotel, where PUC Berhad revealed a new collaboration with W Straits Ltd. Representing PUC Berhad at the event were Mr. Cheong Chia Chou, Group Managing Director and Group Chief Executive Officer.
As part of its broader strategy, PUC Berhad continues to expand its operations through its subsidiary, PUC Capital Sdn Bhd (formerly known as Founder Pay Sdn Bhd). PUC Capital focuses on providing innovative financial solutions to individuals, small businesses, and medium-sized enterprises (SMEs). The company aims to bridge funding gaps by offering tailored private capital lending services, fostering growth and financial inclusion.
Additionally, PUC Berhad holds a 27.53% stake in Pictureworks, which has an estimated pre-IPO valuation of close to MYR130 million. This strategic investment reflects the group’s commitment to leveraging high-growth opportunities in the digital and creative economy sectors.
The partnership with W Straits Ltd and the addition of Mr. Ting Teck Sheng to the board signify PUC Berhad’s commitment to growth, innovation, and delivering value to its shareholders.