Premium Catering (Holdings) Ltd.(PC),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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PC Premium Catering (Holdings) Ltd.

Halted 12-12 16:00:00 EST

9.40

+0.00

0.00%

High9.40	Low9.40	Vol0.00
Open9.40	D1 Closing9.40	Amplitude0.00%
Mkt Cap30.50M	Tradable Cap30.50M	Total Shares3.24M
T/O0.00	T/O Rate0.00%	Tradable Shares3.24M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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{"stockData":{"symbol":"PC","market":"US","secType":"STK","nameCN":"Premium Catering (Holdings) Ltd.","latestPrice":9.4,"timestamp":1765573200000,"preClose":9.4,"halted":3,"volume":0,"delay":0,"floatShares":3244400,"shares":3244445,"eps":-1.315052,"marketStatus":"Halted","change":0,"latestTime":"12-12 16:00:00 EST","open":9.4,"high":9.4,"low":9.4,"amount":0,"amplitude":0,"askPrice":0,"askSize":0,"bidPrice":0,"bidSize":0,"shortable":3,"etf":0,"ttmEps":-1.315052,"tradingStatus":0,"nextMarketStatus":{"tag":"Pre-Mkt","tradingStatus":1,"beginTime":1765789200000},"marketStatusCode":7,"adr":0,"listingDate":1727236800000,"exchange":"NASDAQ","adjPreClose":9.4,"volumeRatio":1.0651695438045667},"requestUrl":"/m/hq/s/PC/tweets","defaultTab":"tweets","newsList":[{"id":"1148817048","title":"CMB International Predicts AI PCs to Become Mainstream by 2026; Lenovo (00992) Best Positioned with Memory Stockpile Strategy","url":"https://stock-news.laohu8.com/highlight/detail?id=1148817048","media":"Stock News","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1148817048?lang=en_us&edition=fundamental","pubTime":"2025-12-13 17:00","pubTimestamp":1765616428,"startTime":"0","endTime":"0","summary":"According to a recent annual strategy report, CMB International forecasts that AI PCs will achieve widespread adoption by 2026, with product mix optimization expected to offset rising costs. The...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0572939691.SGD","BK1193","LU0310800965.SGD","IE0034224299.USD","LU2242644610.SGD","LU0128525689.USD","LU1366334578.USD","HK0000320223.HKD","LU0052756011.USD","HK0000320264.USD","LU1366334651.USD","LU1267930227.SGD","PC","LU0791590937.USD","LU0264606111.USD","BK1526","LU1046422090.SGD","HK0000306685.HKD","LU0572940350.SGD","LU0791591158.USD","LU0049112450.USD","LNVGY","BK4209","IE00B0JY6N72.USD","LU1235295612.USD","HK0000306701.USD","IE0032431581.USD","80992","00992","BK1607"],"gpt_icon":0},{"id":"2591684199","title":"Premium Catering Holdings Ltd - Appointed Edward Keng Yan Yoon as Chief Executive Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2591684199","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2591684199?lang=en_us&edition=fundamental","pubTime":"2025-12-13 06:11","pubTimestamp":1765577517,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251212:nFWN3XI1CL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4209","PC"],"gpt_icon":0},{"id":"2591684923","title":"Premium Catering Appoints Edward Keng Yan Yoon as CEO Replacing Lianquan Gao","url":"https://stock-news.laohu8.com/highlight/detail?id=2591684923","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2591684923?lang=en_us&edition=fundamental","pubTime":"2025-12-13 06:09","pubTimestamp":1765577375,"startTime":"0","endTime":"0","summary":"Premium Catering  Ltd. has announced the resignation of Lianquan Gao as Chief Executive Officer and Executive Director, effective December 12, 2025. Edward Keng Yan Yoon has been appointed to both positions, effective the same date. Yoon brings over twenty years of experience in finance and accounting, including recent roles as Chief Financial Officer at Mikro MSC Berhad and Republic Power Group Limited.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Premium Catering  Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on December 12, 2025, and is solely responsible for the information cont","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251212:nNDL6dlnfj:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK4209"],"gpt_icon":0},{"id":"1100745160","title":"PC Giants Launch Profit Defense: Industry-Wide Price Hikes Announced","url":"https://stock-news.laohu8.com/highlight/detail?id=1100745160","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1100745160?lang=en_us&edition=fundamental","pubTime":"2025-12-11 09:41","pubTimestamp":1765417303,"startTime":"0","endTime":"0","summary":"Major PC manufacturers including Lenovo (00992), Dell, and HP have collectively raised prices, with increases of up to 15%-20% for laptops and desktops. Lenovo has formally notified customers that...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK4209"],"gpt_icon":0},{"id":"1170387341","title":"Omdia: India's PC Market Hits Record High in Q3 2025 with 4.9 Million Shipments, Up 13% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1170387341","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1170387341?lang=en_us&edition=fundamental","pubTime":"2025-12-11 09:25","pubTimestamp":1765416344,"startTime":"0","endTime":"0","summary":"According to the latest research by Omdia, India's PC market (excluding tablets) achieved a record high in Q3 2025, with shipments reaching 4.9 million units, marking a 13% year-on-year increase. The...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MNDmain","BK4209","PC"],"gpt_icon":0},{"id":"1177076764","title":"CITIC Securities: Lenovo Maintains PC Leadership Amid AI-Driven Growth, Retains \"Buy\" Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=1177076764","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1177076764?lang=en_us&edition=fundamental","pubTime":"2025-12-10 11:44","pubTimestamp":1765338262,"startTime":"0","endTime":"0","summary":"This week, CITIC Securities released a research report stating that LENOVO GROUP continues to benefit from AI-driven growth, demonstrating robust performance and maintaining its leading position in...","market":"sh","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0052756011.USD","LU1046422090.SGD","00992","LU1267930227.SGD","HK0000306685.HKD","LU0049112450.USD","LU2242644610.SGD","LU1366334651.USD","BK1193","HK0000306701.USD","HK0000320264.USD","IE00B0JY6N72.USD","LU0572940350.SGD","HK0000320223.HKD","PC","LNVGY","LU0128525689.USD","LU1366334578.USD","LU0791591158.USD","IE0034224299.USD","IE0032431581.USD","LU0572939691.SGD","LU0310800965.SGD","BK1607","BK1526","80992","LU1235295612.USD","BK4209","LU0264606111.USD","LU0791590937.USD"],"gpt_icon":0},{"id":"1118056571","title":"Price Hike Confirmed! Leading PC Makers Leverage Pricing Window to Bolster Profit Margins","url":"https://stock-news.laohu8.com/highlight/detail?id=1118056571","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1118056571?lang=en_us&edition=fundamental","pubTime":"2025-12-10 09:58","pubTimestamp":1765331914,"startTime":"0","endTime":"0","summary":"For at least the past decade, the PC industry has been characterized by extreme price transparency and intense competition, leaving manufacturers with limited pricing power. Even when costs rose,...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE0034224299.USD","IE00B0JY6N72.USD","LU0572939691.SGD","PC","LU2242644610.SGD","LU0128525689.USD","HK0000306685.HKD","80992","LU0791590937.USD","BK1607","LU1366334651.USD","HK0000306701.USD","LU1267930227.SGD","LU1366334578.USD","00992","LU0310800965.SGD","LU0264606111.USD","LU0049112450.USD","LNVGY","BK1526","LU0052756011.USD","HK0000320223.HKD","BK4209","LU1235295612.USD","HK0000320264.USD","LU0791591158.USD","LU1046422090.SGD","IE0032431581.USD","LU0572940350.SGD","BK1193"],"gpt_icon":0},{"id":"2589351894","title":"NASDAQ TRADE HALT CONTINUES  REASON NOT AVAILABLE AT 09:40 AM","url":"https://stock-news.laohu8.com/highlight/detail?id=2589351894","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2589351894?lang=en_us&edition=fundamental","pubTime":"2025-12-08 22:40","pubTimestamp":1765204848,"startTime":"0","endTime":"0","summary":"NASDAQ TRADE HALT CONTINUES  REASON NOT AVAILABLE AT 09:40 AM","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251208:nAQN2LCILR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK4209"],"gpt_icon":0},{"id":"1113292835","title":"U.S. Consumer Spending Stagnates in September as Core PCE Inflation Meets Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113292835","media":"Deep News","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1113292835?lang=en_us&edition=fundamental","pubTime":"2025-12-05 23:40","pubTimestamp":1764949218,"startTime":"0","endTime":"0","summary":"U.S. consumer spending stalled in September, signaling that Americans began tightening their budgets ahead of the government shutdown amid persistent inflation. According to data released Friday by...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"8dea25b47877939c46115ccdcc913692","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4209","PC"],"gpt_icon":0},{"id":"2589897381","title":"EQB's Acquisition of PC Financial Seen as Driver of Growth -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2589897381","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2589897381?lang=en_us&edition=fundamental","pubTime":"2025-12-05 20:58","pubTimestamp":1764939480,"startTime":"0","endTime":"0","summary":"0758 ET - EQB's acquisition of Loblaw's financial arm is seen as a catalyst for stronger customer retention and engagement. TD Cowen analyst Graham Ryding says in a report that the PC Optimum loyalty program is a key driver of both customer stickiness and growth, while noting that direct deposit adoption could accelerate through PC Financial's 180 instore kiosks and its product suite, which offers crossselling opportunities into EQ Bank. TD Cowen raised its target price to C$103 from C$96, with EQB shares currently trading at C$98.01, down 1% yeartodate. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"EQB's Acquisition of PC Financial Seen as Driver of Growth -- Market Talk","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK4209"],"gpt_icon":0},{"id":"1182422757","title":"GCL New Energy (00451) Subsidiary Signs Two PV Project PC Agreements with Zhejiang Xin Hong Totaling RMB23.54 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1182422757","media":"Stock News","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1182422757?lang=en_us&edition=fundamental","pubTime":"2025-12-05 19:26","pubTimestamp":1764933979,"startTime":"0","endTime":"0","summary":"GCL New Energy (00451) announced that on December 5, 2025 (after trading hours), Wuhan GCL (an indirect wholly-owned subsidiary of the company) entered into a PC agreement for a distributed...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK1554","BK1154","BK4209","00451","BK1594"],"gpt_icon":0},{"id":"1100154911","title":"Major Market Movement Ahead as US PCE Inflation Data Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=1100154911","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1100154911?lang=en_us&edition=fundamental","pubTime":"2025-12-05 15:30","pubTimestamp":1764919841,"startTime":"0","endTime":"0","summary":"During the late Asian trading session on Friday (December 5), the US Dollar Index hovered near 98.90, while spot gold maintained its upward momentum, trading around $4,228 per ounce. Market...","market":"sh","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"04220da70a85f394062d016aa6ef1bcc","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PC","BK4209"],"gpt_icon":0},{"id":"2589837021","title":"Top News Today/Canada: Carney, Trump to Hold 'Brief' Meeting Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2589837021","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2589837021?lang=en_us&edition=fundamental","pubTime":"2025-12-05 05:29","pubTimestamp":1764883740,"startTime":"0","endTime":"0","summary":"Canada PM Carney to Hold 'Brief' Meeting With Trump Friday. Canadian Prime Minister Mark Carney expects to have a \"brief meeting\" with President Trump in Washington on Friday while the two leaders attend the World Cup draw at the Kennedy Center, a spokeswoman said.No further details were immediately available. A meeting would be a first after Trump terminated trade talks between the U.S. and Canada in October, with Ottawa seeking relief on hefty tariffs on certain key sectors such as steel and aluminum.Carney's spokeswoman added the Canadian leader would also meet Mexico's President Claudia Sheinbaum during the FIFA event.TD Bank Pushes Up Dividend After Underlying Earnings, Revenue Beat Expectations. The big Canadian lender said fiscal fourth-quarter net income fell to C$3.28 billion, or C$1.82 a share, in the three months to Oct. 31 from C$3.64 billion, or C$1.97, a year earlier.The big Canadian lender's net income dipped to just under C$2.3 billion, or C$2.97 a share, for the fiscal","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SPIR","SONDQ","BK4139","BK4094","BK4142","BK4588","BK4585","PC","TBHC","VSCO","LU1878469433.USD","BK4178","BPTH","BK4123"],"gpt_icon":0},{"id":"2589685261","title":"Does Lenovo Still Offer Value After AI Ready PC Push And Share Price Volatility?","url":"https://stock-news.laohu8.com/highlight/detail?id=2589685261","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2589685261?lang=en_us&edition=fundamental","pubTime":"2025-12-05 04:28","pubTimestamp":1764880108,"startTime":"0","endTime":"0","summary":"Wondering if Lenovo Group is still a smart buy at today’s price, or if the market has already priced in its upside? You are not alone in asking whether the current tag matches its long term potential.\nThe stock has been a bit choppy lately, up 1.4% over the last week but down 12.6% over the past month, even though it is still up 1.2% year to date, 11.2% over 1 year, 81.9% over 3 years, and 109.4% over 5 years.\nRecent headlines have focused on Lenovo’s push into AI ready PCs, expanding its...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/9621091-choice2-main-header/1585186855318","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9621091-choice2-main-header/1585186855318"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/hk/tech/hkg-992/lenovo-group-shares/news/does-lenovo-still-offer-value-after-ai-ready-pc-push-and-sha","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/tech/hkg-992/lenovo-group-shares/news/does-lenovo-still-offer-value-after-ai-ready-pc-push-and-sha","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["LU0572940350.SGD","LU0310800965.SGD","80992","LU1366334651.USD","LU0791591158.USD","LU1267930227.SGD","IE0034224299.USD","LU0264606111.USD","LU0791590937.USD","LU1366334578.USD","BK4209","LNVGY","IE00B0JY6N72.USD","PC","HK0000320223.HKD","HK0000306685.HKD","00992","BK1526","LU0049112450.USD","LU0572939691.SGD","BK1193","DCF","HK0000320264.USD","LU0052756011.USD","LU1235295612.USD","LU2242644610.SGD","BK1607","LU1046422090.SGD","HK0000306701.USD","LU0128525689.USD","IE0032431581.USD"],"gpt_icon":0},{"id":"2588882202","title":"Loblaw Upgraded to Buy at Desjardins Following PC Financial Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2588882202","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588882202?lang=en_us&edition=fundamental","pubTime":"2025-12-04 21:38","pubTimestamp":1764855481,"startTime":"0","endTime":"0","summary":"Loblaw Cos. Ltd. (L.TO) was upgraded to Buy from Hold at Desjardins on Thursday.Analyst Chris Li raised his price target on shares of the Canadian grocery retailer to $67 from $62.After market close o","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PC"],"gpt_icon":0},{"id":"2588020861","title":"EQB to Buy PC Financial From Loblaw for About $573.5M","url":"https://stock-news.laohu8.com/highlight/detail?id=2588020861","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588020861?lang=en_us&edition=fundamental","pubTime":"2025-12-04 06:59","pubTimestamp":1764802740,"startTime":"0","endTime":"0","summary":"EQB Inc. entered into an agreement to acquire President's Choice Bank, PC Financial Insurance Brokers and other affiliated entities from Loblaw.The company said it would buy PC Financial for 1.15 times book value at closing, excluding certain excess capital, for consideration of about 800 million Canadian dollars , subject to adjustment.EQB said it will issue 7.2 million common shares to one or more subsidiaries of Loblaw, and make up any remainder in cash. EQB said it plans to finance the cash consideration with current balance-sheet resources.The company said PC Financial's products and services, such as the PC Mastercard portfolio, would be part of the deal. The acquisition is expected to expand EQB's total customer base to nearly 3.5 million and add C$5.8 billion in assets, the company said.In connection with the deal, EQB will enter into along-term strategic relationship with Loblaw and become the exclusive financial partner for the PC Optimum loyalty program. 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Canadians to earn rewards on their everyday banking. -- Cements EQB as the challenger in Canadian banking, servicing nearly 3.5. million Canadians with a scaled credit card portfolio and distribution. -- EQB will become the exclusive financial partner for the PC Optimum. digit accretive to adjusted EPS in the first full year post-closing, with. In connection with the closing of the Acquisition, EQB will enter into a long-term strategic relationship with Loblaw pursuant to a commercial agreement  to become the exclusive financial partner of the PC Optimum loyalty program . 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Introduction