Date Interest Acquired: 16/5
No of Securities: 13367805

Yes. Contra kakis.

EPF acquiring. Substantial 5.144% What say you?
Notice dated 18/5

Was told that 43mil shares on t4 today. Contras.

It is akin to pay bribe to get favours. Tan Sri and Datin Sri to be charged in court to get the truth. In this case they have bribed Rosmah by handbags so that Najib will provide them what they need. Don’t forget, there were 100kg of gold bars in Pavilion Residence which was seiz ed.

Almost like dead. Cold storage already.

Why r u so against puncak? I have already made my first round profit. Now waiting for second to come.

Tan Sri ? have abetted in this corruption. An accomplice now?

Tan Sri involved - An accomplice now?

Abetting and Cooperating with scandals of corruption. Right?

Worst still. No point buying now. Tan Sri name will take a beat temporarily or for a span of time. Still long way to go. Just wait, do not rush now or you may place it in cold storage.

Police CCID branch seized 284 luxury bags, 72 bags containing jewellery, cash of differentdenomination from 3 units in Pavilion Residence related to 1mdb. The units belong to a Tan Sri. You know who? Better stay away from his related stocks.

The 3 units in Pavilion Residence belongs to a Tan Sri. Police did not reveal his name. I think you should know who is that and who is close to Rosmah. Better stay away from This TS stock.

Puncak going to be Limit up

Luckily did not listen to him yesterday.

Is it?

Ok thanks

Don’t miss puncak. Shooting up now

Puncak water dispute to be settled by Federal govt. Expecting a limit up now

Not for Malton. Tan Sri Desmond very very close to Rosmah

Its good I left this counter earlier with a loss. Accordingly all property projects dealt by Ku Nan will be vetted.

Ha ha ha , BN win, passengers take bullock cart. Pakatan win, passengers take aeroplane. Bus will be completely forgotten. Trump come to Malaysia, then all bus runs. Ha ha ha

Anthonyloh, there are many trying to buy at lower price by condemning PUC. Just wait and see, when the price escalate nobody of this joker can catch it and they will suck at that time.

If they are looking into investments or JVs for millions to take stake like the 90mil accusation of Celcom/Axiata, then I think that PUC is negotiating with some Big Tycoos/ Tycoons for the deal. May be persons like Wong TS or Brahmal Vasudevan.
We won’t know what is happening. What I know is Brahmal is very keen nowadays to invest in tech companies like Ucrest etc.

PUC upbeat on theme park industry
http://Newswav.com/TsHCPtKRXJ/

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PUC uses money raised for mobile app development
Ho Chung Teng 05 Sep 2017 15:07

PUC Bhd is planning to develop a mobile app.

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PUC Bhd, formerly known as PUC Founder (MSC) Bhd, is planning to utilise up to RM36.44 mil for the development of a mobile application as it seeks to expand its IT business, particularly electronic commerce and payment, advertising and media-related businesses.

In June, PUC completed the acquisition of the entire stake in Singapore-based IT business solutions provider Enovax Pte Ltd for S$2 mil (RM6.29 mil), as part of its expansion plan into mobile apps. The PUC mobile app will be created through the integration of PUC’s expertise in the e-payment services and advertising and media services.

The RM36.44 mil proceeds were initially raised in 2016 to construct several solar photovoltaic (PV) plants, with the intention to sell the renewable energy (RE) via the RE quota for the Feed-in Tariff (FiT) system granted by the Sustainable Energy Development Authority of Malaysia (SEDA). PUC raised RM42.65 mil, but as of Aug 9, 2017, only utilised RM6.2 mil of the proceeds.

PUC said since the completion of the rights issue of ICULS with warrants on Feb 24, 2016, and following the death of Cheong Chia Chieh @ Chang Chia Chieh (former MD of PUC) on Feb 27, 2016, the company has not been awarded new concessions or renewable energy power purchase agreement (REPPA).

For its PV business segment, PUC said that it has yet to identify any suitable projects with desirable yields, as further RE quotas have not been announced by SEDA.

PUC adds that SEDA’s FiT rates in 2016 were lower than previous years, making yields less lucrative than anticipated.

“The company has yet to identify any suitable bid(s) with desirable yields, as further request for bidding for large scale solar projects have yet to be announced by the Energy Commission.

“The company also faces negative carry on the remaining ICULS proceeds where the interest PUC earns on them are lower than the ICULS coupon rate of 4.0%,” PUC adds.

Newbie, read carefully. Approval to acquire, not a proposal.

KUALA LUMPUR (April 26): ACE Market-listed PUC Bhd received shareholders’ approval to acquire a 33 per cent stake in Pictureworks Holdings Sdn Bhd (PW) for RM52.80 million at its extraordinary general meeting here today.

In a statement, PUC said the acquisition would allow the company to diversify its business into the imagery capture sector, thus providing new revenue streams.

Group Managing Director and Chief Executive Officer Cheong Chia Chou said the acquisition would benefit the company with a guaranteed profit after tax of RM14.80 million for financial year 2018 (FY18) and RM20.50 million for FY19.

“The approval is timely as it enables PUC to capitalise on the rapidly-growing image capture market as well as to diversify our business and enhance our revenue stream for the coming year.

“Our acquisition of PW is synergistic as it will leverage Presto, the group’s recently-launched revolutionary social marketing and soon-to-be e-wallet platform by boosting brand presence and sales for its consumers and business partners,” he added.

Ha ha ha

Actually it is very hard to understand this counter. Patience reward.

New boss not keen on solar, but taken shareholders approval to invest in tech.

Jumbojet, the money is there, which they raised earlier for solar power plant.

So, PUC is acquiring PictureWorks.

Don’t be surprised, Brahmal and TS Wong already collected. Who knows?

CEO and MD holding millions of share. If they declare dividend, you know how much they can take home? You and me holding ikan bilis share lah. WTH you are talking about not paying dividend?

Tmrow EGM and yet dropping. Why?

PUC to set up joint research lab with Chinese institute
http://Newswav.com/MpVHc1zMeG/

26th April EGM for PW

Yes solid, you are right.

Ha ha thank you, you are back after a brief moment.

I believe PUC for long term.

Celcom Planet is a joint venture between ADS and SKP, which owns and operates the 11Street Malaysia e-commerce platform.

“The investment paves the way for the company to increase potential revenue streams in advertising and media, and financial services from the synergistic collaboration for the company and its subsidiaries,” PUC said.

The company, which operates its own social marketing and e-wallet platform known as Presto, said it expects to benefit from 11Street Malaysia’s e-commerce infrastructure, and cross markets its services to the consumer and merchant base of 11Street Malaysia.

Under the deal, PUC will invest up to RM90mil in 11Street Malaysia in five tranches.

The first RM40mil will be invested in four stages between now and end of July this year.

The remaining RM50mil investment would be subjected to the approval of its shareholders. PUC said it expects to obtain the greenlight before end of August.

Assuming that PUC reached its investment target, it would end up with as much as 24% stake in 11Street Malaysia, with ADS holding 37% and SKP at 39%.

“The investment amount translates to an implied valuation of 100% equity interest in CPSB ranging from RM333.33mil to RM375mil,” PUC said.

Post signing of the definitive agreements, PUC will have the right to nominate and appoint the chief executive officer and chief marketing officer at 11Street Malaysia.

From 2015 to 2017, 11Street Malaysia reported an achievement of more than 300% growth in gross merchandising value (GMV), 160% growth to over 13 million product listings, and 200% increase to 40,000 sellers registered on its platform.

As of Dec 31, 2017 11Street Malaysia recorded a GMV of approximately RM427mil and total monthly unique visitors (UV) of 13.5 million for the month of December 2017.

KUALA LUMPUR: PUC Bhd has agreed to invest up to RM90mil in 11Street Malaysia in a deal that would give the media and advertising firm management control of the e-commerce platform.

The investment values 11Street Malaysia as much as RM375mil.

PUC, in a filing with Bursa Malaysia today, said it had entered into a termsheet Celcom Planet Sdn Bhd, Axiata Digital Services Sdn Bhd (ADS) and SK Planet Global Holdings Pte Ltd (SKP) for the proposed deal.

Good announcement on the proposal to take control of management of 11th Street.

Look at the way it trades. May explode anytime.

6These six things doth the LORD hate: yea, seven are an abomination unto him: 17A proud look, a lying tongue, and hands that shed innocent blood, 18An heart that deviseth wicked imaginations, feet that be swift in running to mischief, 19A false witness that speaketh lies, and he that soweth discord among brethren.

Go and read Proverb 6

PUC's new unit to hunt for e-commerce opportunities

By Erika Benjamin | 2018-04-13 17:40:07
KUALA LUMPUR (April 13): PUC Bhd has incorporated a wholly-owned subsidiary in Malaysia, PUC Ventures Sdn Bhd, which will identify opportunities to invest in or acquire equity interests in companies that are principally involved in electronic commerce (e-commerce) businesses.

The new unit will also look at strategic alliances or joint ventures.

The other target segments include electronic payment services, financial services, technological services, and related businesses including but not limited to media services, airline and accommodation services, which are synergistic and complementary to the existing businesses of PUC and its subsidiaries.

In a filing with Bursa Malaysia today, PUC said at this juncture, PUC Ventures has not entered into any definitive agreement for involvement in the target segments.

"As and when any definitive agreement is signed by PUC Ventures for involvement in the target segments, relevant announcements will be made," it added.

At 4.59pm, PUC shares were down 0.5 or 1.89% at 26 sen, with 16.39 million shares done, bringing a market capitalisation of RM400.78 million.

The above stated news will be a spark sooner. Expect something towards the end of the coming week.

Tokti, in all bad times some good luck mercy was upon me. Its good I jumped in ekovest long ago. Hope you have done the same.

Kena summon from IRB/ Govt for 32 million.

Iwc thro Tebrau Jena 32 million tax from IRB/ Government. Imagine if Ekovest would have taken over IWC.