3 Mar 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, 3rd March 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 69.73million shares. The share price of the stock today has hit its highest point at RM0.175 (+0.025). At 5pm today, the share price closed at RM0.165 (+0.015), an increment of 10% from the opening price of RM0.15.
Subsequent to the announcement made last Friday on PUC Founder’s fourth quarter result of Financial Year ended on 31 December 2014, strong performance is reflected in the share price today. There is a 714% surge in Profit After Tax (“PAT”) to RM9.83million from RM1.21million compared to financial year ended 2013. Founder recorded total revenue of RM53.49million, an increase of 153% from RM21.13million. The higher revenue and profit after taxation is mainly due to consolidation of financial results of the enlarged PUC Founder Group after the completion of acquisition of RMA and its subsidiaries.
PUC Founder via one of its subsidiaries has recently submitted the application for solar Photovoltaic quota for Non-Individuals with capacity above 425kW up to and including 1MW to the Sustainability Energy Development Authority Malaysia (SEDA). As accorded to SEDA, the announcement of successful applicants is planned for Monday, 9th March.
Issued By: Management of PUC Founder (MSC) Berhad