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2021-07-01 19:19 | Report Abuse
PUC BERHAD
Date of change 01 Jul 2021
Name ENCIK WAN HAZREEK PUTRA HUSSAIN YUSUF
Age 45
Gender Male
Nationality Malaysia
Designation Non-Independent Director
Directorate Non Independent and Non Executive
Type of change Appointment
2021-07-01 19:19 | Report Abuse
Page 1 of 2
PUC LEADS CONSORTIUM BID FOR DIGITAL BANK LICENCE
Its Joint Collaboration With Two State Governments
Will Create Banking Solutions For The Under-Served Segments
Kuala Lumpur, 1 July 2021: PUC announced that together with strategic partners (the Consortium) it has
submitted an application for a digital bank licence to Bank Negara Malaysia (BNM). The Consortium is led
by PUC in collaboration with two state governments and a conglomerate, making it a wholly Malaysian
consortium.
The Consortium was formed under the digital banking framework issued by BNM and its members
recognize the gap presented by the under-served segments which include micro, small and medium
enterprises (MSMEs) and B40 segment consumers in Malaysia. It will focus on services and tools to meet
the financial needs of these target segments.
PUC’s advanced digital ecosystem, Presto, encompasses e-commerce, logistics, e-wallet, loyalty, financing
and payment solutions which will form a natural complement to the digital bank and enable it to drive
innovation and boost digital transformation through its service offerings.
Both the participating states’ populations include significant proportions within the B40 segment which
will be targeted as the initial customer base. In addition, the numerous un-served and under-served micro
and small enterprises within these two States will be given access to a user friendly, mobile-based digital
banking network including micro-financing and other financial services.
Press Release
For Immediate Release
Page 2 of 2
About PUC Berhad
PUC Berhad is a company listed on the ACE Market of Bursa Malaysia Securities Berhad. Through its
subsidiaries and affiliates, it has two core businesses, which are Omnichannel (comprising Media and
Advertising) and a digital ecosystem known as Presto which encompasses e-commerce, e-loyalty
aggregation, fintech and e-payment..
Presto is Malaysia’s first homegrown multi-service lifestyle app that offers various lifestyle and convenient
features as well as hassle-free mobile payments. Shop online, order food delivery, book your favorite movie
tickets, events, or even flight tickets via Presto for a faster, cooler and richer digital experience. Presto: It
pays both ways.
Download Presto NOW:
Issued by FredericksHussain on behalf of PUC Berhad
Media Queries:
Loke Poh Lin
mobile: 011-11642900
e-mail : lin@FHmalaysia.com
Stock: [PUC]: PUC BERHAD
2021-09-07 23:28 | Report Abuse
sky is the limit