PCCS to start hire purchase business this month

Group managing director David Chan Wee Kiang is confident that Southern Auto Capital Sdn Bhd, the group’s hire purchase business would start contributing revenue to the group, now that Melaka has entered phase two of the National Recovery Plan

KUALA LUMPUR: PCCS Group Bhd, which is starting its hire purchase business this month with a RM5mil loan book, expects the division to start contributing in the current financial year ending March 31, 2022.

Group managing director David Chan Wee Kiang is confident that Southern Auto Capital Sdn Bhd, the group’s hire purchase business would start contributing revenue to the group, now that Melaka has entered phase two of the National Recovery Plan. Once Johor enters phase two, this pace of growth will be quickened. PCCS’ hire purchase business is based in Melaka and Johor.