23 April 15 – Press Release – Error Clarification in Malay Mail News Report on 23 April 2015

Error Clarification in Malay Mail News Report on 23 April 2015


PETALING JAYA, 23 April 2015 – PUC Founder (MSC) Berhad (“PUC Founder” or the “Company”), (ACE market listed, stock code: 0007), would like to clarify a few errors in the news report on 23 APRIL 2015 in Money section, page 21 of MALAY MAIL newspaper.

  • Cheong Chia Chieh, not Cheong Chia Cheh
  • Agreed FiT rate from SEDA for the contract with TNB is 0355, not RM1.9355.
  • Cheong Chia Chieh has an indirect 1 per cent of shareholding in PUC Founder, not 62.5 per cent as of March 2015.
  • In January 2014, PUC Founder was acquired by RedHot Media Group Sdn Bhd, Red Media Asia Ltd and Ausscar Capital (Holding) Sdn Bhd in a reverse merger transaction.

The above-mentioned error appeared in the newspaper is due to typing errors. We wish to apologize for any confusion caused.

For any enquiries, please do not hesitate to contact us. We can be contacted at +603-7651 0171 or ir@founder.com.my


Issued By: Management of PUC Founder (MSC) Berhad