01 Jun 15 – Press Release – PUC Founder, Top 10 Active Trading Stocks of the Day
PUC Founder, Top 10 Active Trading Stocks of the Day
PETALING JAYA, 1st June 2015 – PUC Founder (MSC) Berhad (“PUC Founder” or the “Company”), (ACE market listed, stock code: 0007), is one of the top 10 most actively traded stock on Bursa Malaysia today with a trading volume of 27.28million shares. At 5pm today, the share price has hit its highest point and closed at RM0.145 (+0.010), an increment of 7.4% from the opening price of RM0.135. The market remains highly optimistic and full of anticipation as PUC Founder works towards realising the transformation plans.
Subsequent to the announcement made last Friday on PUC Founder’s first quarter result of financial period ended on 31 March 2015, strong attention to PUC Founder can be seen in the share market today. Market confidence level is reflected positively as the market is anticipating the transformations that the company is going through.
The company’s business model has expanded to include renewable energy, which the company will be entering into a power purchasing agreement with Tenaga Nasional Berhad (“TNB”) as the company via its subsidiary MaxGreen Energy Sdn. Bhd. (“MGE”) has been awarded as a Feed-in-Tariff (“FiT”) Approval Holder by the Sustainable Energy Development Authority Malaysia (“SEDA”) on 16 March 2015.
Group Managing Director, Mr. Cheong Chia Chieh commented, “The company has also recently hired an Internet expert from China to fasten and smoothen the process of research and development of our mobile application. The first phase of the mobile apps namely Founder Qube and Shopinfo has completed. We will continue to improve and improvise the functions and user experience as we see potential and business growth in mobile apps market.
Issued By: Management of PUC Founder (MSC) Berhad