PUC Founder (MSC) Berhad (“PUC Founder”) is incorporated in Malaysia on 3rd November 1997 by China Founder Group, and is the first China government linked company to list on the ACE Market of Bursa Malaysia Securities Berhad (formerly known as MESDAQ Market of Kuala Lumpur Stock Exchange) on 8th April 2002. PUC Founder is also one of the first companies to be awarded the Multimedia Super Corridor (“MSC”) status in Malaysia. PUC Founder’s businesses has expanded throughout Asia.
RedHot Media Group (“RMA”), a small Malaysian business with a startup capital of RM3million in 2004, has grown by leaps and has its business operations in Malaysia, Shanghai, Beijing and Guangzhou. Its wholly owned subsidiary, Redhot Media Sdn Bhd, is the biggest home grown media agency in Malaysia by revenue in its category. Its open and standardized capital platform has attracted direct and/or indirect notable investments from Shinhan Investment Corporation, Korea; Founder Group China; Kumpulan Modal Perdana, Ministry of Finance and Mavcap Biotech Sdn Bhd, Ministry of Finance.
In January 2014, the acquisition of RHM’s businesses is completed and had been announced. After the acquisition, PUC Founder is principally engaged in three business segments namely, Technology, Media and Telecommunication segment (“TMT”), Financial Technology segments (“FinTech“) and Renewable Energy segment (“RE“).
We categorize these businesses into two groups, namely the high-growth businesses and the recurring income businesses. High-growth businesses include TMT and FinTech while the recurring income business focuses on RE.
PUC Founder is currently expanding its RE business to become the RE Project Owner, Engineering Procurement Construction Contractors (“EPCC“) and Domestic Distributor for equipment of RE.