Tag "PUC"

Genting Dips Toe in Digital Banking Bid Through 13% Stake In Acquisition in PUC

Following rumours that Genting Group would be bidding for a digital banking licensee, the group has inked a deal through GPVF Sdn Bhd to snap up a 13% stake for RM20.3 million in the publicly listed e-commerce platform PUC Berhad. GPVF

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Sabah and Pahang Revealed to Be PUC’s Consortium Partners for Digibank License Bid

Publicly listed PUC Berhad, the e-commerce platform that was formerly known as 11street, revealed that Sabah and Pahang are the two state governments that it has partnered with to bid for one of the 5 digital banking licenses that Bank

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Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021 to include new developments.   With the deadline for Malaysia’s digital banking license application being less than a day away,

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Presto’s Parent Firm PUC Bids for Digital Banking License with 2 State Governments

E-commerce platform PUC announced that it has formed a consortium with two unnamed state governments and a conglomerate to submit an application for a digital bank license to Bank Negara Malaysia (BNM). The consortium is led by PUC, making it

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