Myeg malaysia
Over the past few years, its ROE had dropped by about half. It is no longer the hot stock it once was. Dear all, myeg malaysia, Important Announcement. Read More.
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Myeg malaysia
A month ago, MyEG Services Bhd came under scrutiny for offering services related to the annual renewal of foreign worker permits when its concession with the Immigration Department had not been renewed. After the issue was highlighted in parliament, the company ceased the collection of any fees for permit renewal. Last week, the e-government service provider announced that it had been granted a two-year extension by the Ministry of Home Affairs for the provision of Immigration Department-related services. MyEG does not expect any major cost to be incurred for the system enhancement. Which raises the question as to why there was a delay in MyEG getting its renewal? But going forward, analysts are anticipating a shrinking contribution from transport-related services. It is only to be expected as RTD-related services are also provided by other outlets such as post offices. Also, the RTD has started to digitalise the road tax. Foreign worker permit renewals are different from RTD services. There is a higher degree of security and controls because it involves foreigners. The plan is that in two years, third parties such as MyEG will cease to process all services related to the Immigration Department.
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Quoting Kota Melaka member of Parliament MP Khoo Poay Tiong's remarks in Parliament yesterday, the news portals reported that MyEG had allegedly been renewing workers' permits illegally till today, despite the contract suspension by the Malaysian Immigration Department. MYEG: No misrepresentation in online services. Corporate News 04 Mar Long road to unlocking corporate value like Japan. Corporate News 27 Feb Seoul unveils corporate value-boosting plan. Corporate News 23 Feb Bursa could rise on Wall St rally, fresh optimism from corporate earnings. Already a subscriber?
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Myeg malaysia
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