Green Packet

Last updated
Green Packet Berhad
Company type Public limited company
MYX: 0082
ISIN MYQ0082OO006
Industry Telecommunications
Founded2000
Headquarters
Petaling Jaya
,
Malaysia
Key people
Omar Abdul Rahman, Chairman
CC Puan, CEO
Products Mobile data offloading, 4G devices, Wimax devices
Number of employees
800 (Worldwide)
Website https://greenpacket.com/

Green Packet is a technology company that was founded by Puan Chan Cheong in Cupertino, California in 2000. It started out as a software solutions company, but later expanded into the broadband business. [1]

History

In 2000, Puan, a graduate of the University of Nebraska-Lincoln with a degree in business administration, founded Green Packet in 2000 and led it to its Main Market listing in 2005. [1]

In August 2008, Green Packet created Packet One Networks, [2] the first WiMAX service provider in Malaysia. [3]

In 2007, Green Packet crossed 1 billion US dollars in market capitalization.

In 2024, four of the six investors initially expected to subscribe to the company’s private placement of over 598 million shares withdrew from the exercise. [4]

References

  1. 1 2 Vijeyasingam, Thamini (2023-06-01). "Green Packet founder CC Puan declared bankrupt". Free Malaysia Today. Retrieved 2023-08-25.
  2. ↑ "Home". p1.com.my.
  3. ↑ "GCT Semiconductor". www.gctsemi.com. Retrieved 2018-10-29.
  4. ↑ "Four investors withdraw from Green Packet's RM19.15m private placement". The Edge Malaysia. 2024-09-12. Retrieved 2025-02-11.


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