PUC share price rises, thanks to Genting Plantations

PUC Bhd app

PETALING JAYA: PUC Bhd emerged as the second most traded stock on Bursa Malaysia yesterday and its share price increased by 6% on news that Genting Plantations Bhd is joining a bid with the former for a digital banking licence.

In just several minutes after the market opened for trading, the stock jumped to an intraday high of 21 sen, or over 27% from the previous day’s closing price.