KUALA LUMPUR (March 10): PUC Bhd (KL:PUC) group managing director and CEO Cheong Chia Chou, who has held the role since 2016, has ceased to be a substantial shareholder in the loss-making digital payment solutions provider after selling a 1.73% stake. He ceased to be a substantial shareholder in PUC on March 12 last year, but later reemerged as one in December. Genting Bhd’s (KL:GENTING) vehicle GPVF Sdn Bhd is also a substantial shareholder with a 5.33% stake. PUC has been in the red since the financial year ended Dec 31, 2019 (FY2019). For its latest 18 months ended Dec 31, 2025 (FY2025), it posted a net loss of RM50.92 million on revenue of RM82.55 million.

Source: The Edge Markets March 10, 2026 14:10 UTC