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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.
PETALING JAYA: PCCS Group Bhd will enter a joint venture (JV) to diversify into used car financing and insurance business.
KUALA LUMUR: Affin Hwang Capital research has maintained its "underweight" call on the banking sector as it expects a deterioration in earnings moving forward.
KUALA LUMPUR: Aeon Credit Service (M) Bhd has enjoyed strong earnings growth over the years, with its financing receivables rising to RM6.02bil in the first half of financial year 2017 (1HFY17) on the back of strong demand growth for its products and services from its niche market segment.
KUALA LUMPUR: RAM Rating Services has reaffirmed the P1 rating of Aeon Credit Service (M) Bhd’s Islamic CP programme of up to RM1bil.
Aeon Credit Service (M) Bhd is expected to venturing into new growth areas such as used-car financing and equipment financing for small and medium-sized enterprises, according to RAM Rating Services Bhd.