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PUC active, jumps 7.14% on getting nod to launch e-money scheme

Mimi Sabreena 10:24:00 AM Informasi

KUALA LUMPUR (Sept 8): PUC Bhd, formerly known as PUC Founder (MSC) Bhd jumped 7.14% in active trade this morninf after its wholly-owned unit EPP Solution Sdn Bhd has received the nod from Bank Negara Malaysia (BNM) to launch an electronic money (e-money) scheme through its mobile application before Sept 6 next year.

At 9.33am, PUC rose 1 sen to 15 sen with 52.61 million shares done.

PUC said that e-money schemes are divided into small and large schemes depending on purse size and the outstanding e-money liabilities, and that the BNM approval is for the large scheme.

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