<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 29): PUC Founder (MSC) Bhd has appointed Lee Koh Yung as acting group chief executive officer (CEO) today, taking over from the late Jack Cheong Chia Chieh, who passed away over the weekend.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing, PUC Founder said Lee, 45, has been an executive director of Resource Holding Management Ltd since September 2010. Resource Holding holds a 41.34% indirect interest in PUC Founder.</p></div>

<div class=newsTextDataWrapInner><p>Lee, it added, holds a Capital Market Services Licence issued by the Securities Commission, and has more than 21 years of experience in the financial services industry, which includes investment, capital markets, wealth management, private equity and corporate advisory.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Additionally, Lee is the vice president of the Malaysian Licensed Financial Planners and Advisers Association. He is also chairman of the Malaysia-China Chamber of Commerce and Industry.</p></div>

<div class=newsTextDataWrapInner><p>Lee's appointment came after PUC Founder's former CEO Cheong died of illness last Saturday night.</p></div>

<div class=newsTextDataWrapInner><p><em>The Edge Financial Daily</em> reported today that Cheong was admitted to the Subang Jaya Medical Centre earlier this month as his health deteriorated.</p></div>

<div class=newsTextDataWrapInner><p>Shares of PUC Founder fell 1 sen or 11.11% to close at 8 sen today, giving it a market capitalisation of RM85.26 million.</p></div>

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KUALA LUMPUR (Feb 29): PUC Founder (MSC) Bhd has appointed Lee Koh Yung as acting group chief executive officer (CEO) today, taking over from the late Jack Cheong Chia Chieh, who passed away over the weekend.

In a bourse filing, PUC Founder said Lee, 45, has been an executive director o...

PUC Founder appoints Resource Holding's ED as CEO

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<p>Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor apologised to Prime Minister Datuk Seri Anwar Ibrahim and Cabinet ministers who attended the state-level Madani Aidilfitri celebration on Saturday night.</p>


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<p>Labour wins in the UK’s two biggest cities completed a string of local election successes by opposition leader Keir Starmer that showed his party firmly on course for victory at a general election later this year.</p>


<p>Sarawak will consult with Attorney General Datuk Ahmad Terrirudin Mohd Salleh to determine the most appropriate term to replace the word "state" in Sarawak State Legislative Assembly, based on the Federal Constitution.</p>


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<p>The UK’s Labour Party is set to impose value-added tax (VAT) on boarding fees as well as private education in the country if it wins the next election, <i>Financial Times</i> (FT) reported, citing party insiders.</p>


<p>US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.</p>


<p>Datuk Seri Anwar Ibrahim has urged all implementing agencies, particularly ministries, to prioritise the training of young people on artificial intelligence (AI) so that the country does not fall behind in this field.</p>


<p>The Perak government has agreed to supply water to Penang through the Kerian Integrated Green Industrial Park to Seberang Perai.</p>


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<p>The Ministry of Home Affairs (KDN) is currently formulating a strategy to enhance use of technology, particularly artificial intelligence (AI), for stricter border control measures.</p>
