Weng Kheong Ng

Pembangunan Leasing Corporation (PLC) is a Malaysian company that specializes in commercial financing through leasing facilities. The private company is based in Kuala Lumpur, Malaysia. PLC is a subsidiary fully owned by the Malaysian Development Bank (BPMB) and was established in 1977 as the second earliest leasing company in Malaysia. The company offers various financial products and services such as asset financing, leasing, hire purchase, invoice financing, factoring, bank guarantee, letter of credit, letter of guarantee, and working capital financing. PLC is committed to treating customers fairly and has policies in place to ensure corporate integrity and prevent bribery and corruption. The CEOs of PLC are Weng Kheong Ng and Mustafa Abdul Mutalib.