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PETALING JAYA: PCCS Group Bhd will enter a joint venture (JV) to diversify into used car financing and insurance business.
KUALA LUMPUR: PCCS Group Bhd's wholly-owned subsidiary La Prima Medicare Pte Ltd (LPM) has entered into an exclusive distribution agreement with China-based developer of medical equipment, Shanghai Shenqi Medical Technology Co Ltd within the Asia-Pacific region.
PCCS Group Bhd has long been known as a garment manufacturer and a label maker, but as the second generation of the family-run business takes over, the focus of the group is beginning to change.
KUALA LUMPUR: PCCS Group Bhd’s net profit fell to RM5.91mil in the fourth quarter ended March 31 against RM9.13mil in the same period a year ago.
KUALA LUMPUR: PCCS Group Bhd, which is starting its hire purchase business this month with a RM5mil loan book, expects this division to start contributing in the current financial year ending March 31, 2022.