MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.87

Today's Change

-0.005 (0.57%)

Day's Change

0.86 - 0.88

Trading Volume

19,775,400


68 people like this.

66,997 comment(s). Last comment by whitesamurai 3 hours ago

Income

12,366 posts

Posted by Income > 2023-02-13 17:33 | Report Abuse

Good123 started spamming… meaning more paratroopers lah.

Income

12,366 posts

Posted by Income > 2023-02-13 17:36 | Report Abuse

Too good to be true?

Alexks8888

110 posts

Posted by Alexks8888 > 2023-02-13 17:40 | Report Abuse

Ok sapu0.590 tunggu

paulthesotong

2,844 posts

Posted by paulthesotong > 2023-02-13 17:42 | Report Abuse

60.5 like a gold mine.

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-13 17:48 | Report Abuse

even if goverment want to restart GST,dont think myeg will get contract untill we have any real concrete announcement ..

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-13 17:49 | Report Abuse

too risky to trade based on wild imagenary speculation ..

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-13 17:50 | Report Abuse

can end up in holland

DickyMe

14,887 posts

Posted by DickyMe > 2023-02-13 17:54 | Report Abuse

People already suffering due to high cost of goods and services, you want GST?
Niamah! Eat sand lah ini macam.

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 18:44 | Report Abuse

GST no way till state election over for now, after tat, this will become political suicide till they have majority.........now too divided, they won't do risky policy changes......

newbie5354_

1,303 posts

Posted by newbie5354_ > 2023-02-13 19:05 | Report Abuse

Kwap, EPF why disposed? SBB also stop why ah?

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-13 19:13 | Report Abuse

epf and kwap disposed ..game over ..

Income

12,366 posts

Posted by Income > 2023-02-13 19:19 | Report Abuse

Slowly cooking the frogs swimming in the wok???

jack2

1,359 posts

Posted by jack2 > 2023-02-13 20:46 | Report Abuse

Epf sold 65M, anor 400M to sell

RWG

1,051 posts

Posted by RWG > 2023-02-13 21:54 | Report Abuse

tp 10sen

Posted by shortinvestor77 > 2023-02-13 22:04 | Report Abuse

EPF甩卖MYEG 两日卖掉1.17亿股 https://www.youtube.com/watch?v=51DoXQbFPWk

Rio2814

1,942 posts

Posted by Rio2814 > 2023-02-13 22:04 | Report Abuse

TP 98C...

Posted by shortinvestor77 > 2023-02-13 22:24 | Report Abuse

Tomorrow Laisai Kaw-Kaw. No body can fight with EPF sell down!

spyking

534 posts

Posted by spyking > 2023-02-13 22:56 | Report Abuse

Boss margin call EPF dispose. Music won’t stop here

i3lurker

14,391 posts

Posted by i3lurker > 2023-02-13 23:25 | Report Abuse

Serba fanboys all moved here bringing their best Serba luck with them.
Surely Serba luck must be very lucky luck indeed

i3lurker

14,391 posts

Posted by i3lurker > 2023-02-13 23:27 | Report Abuse

Lucky Serba became only 0 sen

i3lurker

14,391 posts

Posted by i3lurker > 2023-02-13 23:54 | Report Abuse

when EPF dumped Serba non-stop until zero, Serba fanboys claimed it was a good sign coz EPF wants public to buy Serba at low price.

so now Serba will dump myeg non-stop until zero.
Expect fanboys to claim parri passu that EPF dumping myeg is very good sign, eRection coming, money transfer. All sorts of imaginary voodoo Area 51 explanations will come out.

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-02-14 00:01 | Report Abuse

so sad for you get stuck with serbadk forever can't get rid of it. you need hypnosis to forget serbadk

i3lurker

14,391 posts

Posted by i3lurker > 2023-02-14 00:23 | Report Abuse

I bot Serba only ONCE long long time ago in a galaxy far far away to play the dividend game [made profits]
unlike some hot shemale always posting buy Serba everyday

i3lurker

14,391 posts

Posted by i3lurker > 2023-02-14 00:26 | Report Abuse

look back at your own posts and count the number of times you threw people under the Serba bus
now doing the same for myeg bus

Income

12,366 posts

Posted by Income > 2023-02-14 01:24 | Report Abuse

Sifu, Serba nearly bankrupt, and you said Serba has bus some more? Have.

Income

12,366 posts

Posted by Income > 2023-02-14 01:27 | Report Abuse

Every single year, Bursa has new poster boy(s) for companies distressed. Really unavoidable is it?

Income

12,366 posts

Posted by Income > 2023-02-14 01:31 | Report Abuse

The Mariana Trench is an oceanic trench located in the western Pacific Ocean, about 200 kilometres east of the Mariana Islands; it is the deepest oceanic trench on Earth. It is crescent-shaped and measures about 2,550 km in length and 69 km in width.

Income

12,366 posts

Posted by Income > 2023-02-14 01:37 | Report Abuse

How deep is The Mariana Trench?
It is 11,034 meters (36,201 feet) deep, which is almost 7 miles. Tell students that if you placed Mount Everest at the bottom of the Mariana Trench, the peak would still be 2,133 meters (7,000 feet) below sea level.
Will myeg survive Mariana Trench diving?

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:00 | Report Abuse

Epf tiada dalam cypark, baru cypark boleh terbang :)

Notice of Person Ceasing (Section 139 of CA 2016)
CYPARK RESOURCES BERHAD
Particulars of Substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder Citigroup Nominees (Tempatan) Sdn. Bhd.
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Date of cessation 25 May 2022
No of securities disposed 14,788,750
Circumstances by reason of which a person ceases to be a substantial shareholder 1. Disposal of 13,788,750 ordinary shares registered under Employees Provident Fund Board
2. Disposal of 1,000,000 ordinary shares registered under Employees Provident FD BD (ARIM)
Nature of interest Direct Interest

Date of notice 26 May 2022
Date notice received by Listed Issuer 30 May 2022


Remarks :
The direct interest of the Employees Provident Fund Board further to the transaction is as follows:-

Registered under Citigroup Nominees (Tempatan) Sdn. Bhd.
(1) Employees Provident FD BD (CIMB PRI) - 11,441,400 ordinary shares
(2) Employees Provident FD BD (ARIM) - 3,836,800 ordinary shares

Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 30 May 2022
Category Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016
Reference Number CS3-30052022-00001

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:01 | Report Abuse

New substantial shareholder will emerge in myeg, sabar bro!

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:02 | Report Abuse

Myeg is very profitable & cash rich :)

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022
MY E.G. SERVICES BERHAD

Financial Year End 31 Dec 2022
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2022
The figures have not been audited
Attachments
MYEG Qtrly Report QTR3 FY2022.pdf
163.9 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2022

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2022
30 Sep 2021
30 Sep 2022
30 Sep 2021
$$'000
$$'000
$$'000
$$'000
1 Revenue
162,616
156,796
486,176
489,989
2 Profit/(loss) before tax
154,512
78,770
329,175
236,490
3 Profit/(loss) for the period
152,025
78,148
325,576
234,728
4 Profit/(loss) attributable to ordinary equity holders of the parent
150,708
78,463
323,971
235,432
5 Basic earnings/(loss) per share (Subunit)
1.90
1.10
4.20
3.20
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.25
0.25


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2474
0.2092

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

Announcement Info
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 29 Nov 2022
Category Financial Results
Reference Number FRA-27112022-00003

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:03 | Report Abuse

MY E.G. SERVICES BERHAD
(Company No. 505639-K)
Condensed Consolidated Statements of Financial Position
As at September 30, 2022
Unaudited Audited
As at As at
30.09.2022 31.12.2021
RM’000 RM’000
ASSETS
NON-CURRENT ASSETS
Property and equipment 300,722 463,147
Right-of-use assets 10,141 80,333
Investment properties 29,660 29,170
Investment in associates 16,133 33
Investment in joint ventures 9,255 9,320
Investment in quoted shares - 72,660
Other investments 246,493 235,718
Development costs 322,515 359,665
Goodwill on consolidation 20,002 20,002
Financing receivables 279,316 252,449
1,234,237 1,522,497
CURRENT ASSETS
Inventories 18,324 26,033
Financing receivables 39,961 47,504
Trade receivables 290,775 292,581
Other receivables, deposits and prepayments 205,898 234,500
Amount owing by joint ventures 2,510 2,510
Amount owing by associates 28 9
Current tax assets 2,592 383
Cash and cash equivalents 89,279 218,702
649,367 822,222
TOTAL ASSETS 1,883,604 2,344,719
EQUITY AND LIABILITIES
EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY
Share capital 854,895 904,103
Treasury shares (12,364) (32,254)
Reserves 6,420 6,425
Retained profits 698,112 946,012
1,547,063 1,824,286
Non-controlling interests (5,614) (4,009)
TOTAL EQUITY 1,541,449 1,820,277
NON-CURRENT LIABILITIES
Long term borrowings 95,567 145,313
Long term lease liabilities 2,909 33,960
Deferred tax liabilities 2,921 3,060
101,397 182,333
CURRENT LIABILITIES
Trade payables 101,609 124,032
Other payables and accruals 67,900 53,970
Deferred revenue 1,544 3,774
Amount owing to an associate 24 22
Current tax liabilities 2,074 1,564
Short term borrowings 64,980 151,022
Short term lease liabilities 2,627 7,725
240,758 342,109
TOTAL LIABILITIES 342,155 524,442
TOTAL EQUITY AND LIABILITIES 1,883,604 2,344,719
Net assets attributable to ordinary equity holders of the parent (RM’000) 1,824,286 1,547,063
Net assets per share attributable to ordinary equity holders of the parent (sen) 24.74 20.92
The Condensed Consolidated Statements of Financial Position should be read in conjunction with the Audited Financial Statements for the financial
year ended 31 December 2021 and the accompanying notes to the Unaudited Financial Statements.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:04 | Report Abuse

MY E.G. SERVICES BERHAD
(Company No. 505639-K)
THIRD QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 2022
Condensed Consolidated Statements of Profit or Loss and Other Comprehensive Income
for the Third Quarter ended September 30, 2022
(The figures have not been audited)
30.09.2022 30.09.2021 Changes 30.09.2022 30.09.2021 Changes
RM’000 RM’000 % RM’000 RM’000 %
Revenue 156,796 162,616 3.7 486,176 489,989 (0.8)
Operating Expenses (50,843) (64,782) (21.5) (170,321) (214,701) (20.7)
Operating Profit 111,773 92,014 21.5 315,855 275,288 14.7
Depreciation and Amortisation (16,286) (11,788) 38.2 (45,214) (35,250) 28.3
Interest Income 523 43 (91.8) 268 2,789 (90.4)
Other Income - 14 100.0 2,861 3 100.0
Fair value gain on invesment 61,885 - 100.0 61,885 - 100.0
Share of results of a joint venture (13) (312) (95.8) 66 (286) (123.1)
Share of results of an associate - (257) (100.0) - (1,102) (100.0)
Profit Before Interest and Taxation 157,416 80,180 96.3 335,721 241,442 39.0
Interest Expense (1,410) (2,904) 106.0 (6,546) (4,952) 32.2
Profit Before Taxation 154,512 78,770 96.2 329,175 236,490 39.2
Taxation (622) (2,487) 299.8 (3,599) (1,762) 104.3
Profit After Taxation 152,025 78,148 94.5 325,576 234,728 38.7
Other Comprehensive Income/ (Expenses) - (2) (100.0) 5 (2) (100.0)
Total Comprehensive Income for
the financial period 78,146 152,025 94.5 325,581 234,726 38.7
Profit After Taxation attributable to:
Owners of the Company 150,708 78,463 92.1 323,971 235,432 37.6
Non-controlling interest 1,317 (315) (518.1) 1,605 (704) (328.0)
78,148 152,025 94.5 325,576 234,728 38.7
Total Comprehensive Income
attributable to:
Owners of the Company 150,708 78,461 92.1 323,976 235,430 37.6
Non-controlling interest 1,317 (315) (518.1) 1,605 (704) (328.0)
78,146 152,025 94.5 325,581 234,726 38.7
Earnings per share (“EPS”) attributable to
the equity holders of the Company (sen)
- Basic EPS 1.1 1.9 * 4.2 3.2 *
- Diluted EPS Not Applicable Not Applicable Not Applicable Not Applicable
3 Months Ended
Individual Quarter
9 Months Ended
Cumulative Quarter

* Comparative figures for the weighted average number of ordinary shares for basic earnings per share have been restated to reflect the
adjustment arising from the Bonus Issue during the financial year ended 31 December 2021.
Notes:
i) The Condensed Consolidated Statements of Profit or Loss and Other Comprehensive Income should be read in
conjunction with the Audited Financial Statements for the financial year ended 31 December 2021 and the
accompanying notes to the Interim Financial Statements.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:07 | Report Abuse

Percaya uob Singapore:)

UOB Research reiterated its "buy" call on the electronic government solutions provider and considers the drop in share price a "great buying opportunity".



"We are unsure how much weight this present director general carries, but should MYEG lose it’s concession with the immigration, it would theoretically still be able to provide ancillary businesses within the eco system such as foreign worker matching, accommodation services, door-to-door and insurance services that’s the bulk of its immigration-related earnings," it said in a note.

The research firm also said there are plenty of catalysts in 2023 and beyond for the company.

These include a forecast of 16% earnings growth, the launch of the Zetrix blockchain relating to China customs, IPO and subsequent distribution in specie of start-up investments in China and Malaysia.

"At today’s limit down price, the company’s trading at below two standard deviations to mean valuation, at about 2023 10x price-earnings.

"We maintain our RM1.30 target price as we take the position that MYEG’s concession would not compromised in 2025," said UOB.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:11 | Report Abuse

Agmo shares to be distributed to myeg shareholders. Remember to get myeg before the cut-off date bro! :)

Circular/Notice to Shareholders
MY E.G. SERVICES BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISTRIBUTION OF 84,000,000 ORDINARY SHARES IN AGMO HOLDINGS BERHAD, REPRESENTING THE COMPANY'S ENTIRE 25.8% EQUITY INTEREST IN AGMO HOLDINGS BERHAD HELD THROUGH MY E.G. CAPITAL SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY), TO THE ENTITLED SHAREHOLDERS OF THE COMPANY IN TWO (2) SEPARATE TRANCHES BY WAY OF DIVIDEND-IN-SPECIE


Please refer attachment below.

Attachments
MYEG - Circular (Proposed Dividend-in-Specie) - Final.pdf
1.8 MB

Announcement Info
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 04 Jan 2023
Category Document Submission
Reference Number DCS-04012023-00001

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:12 | Report Abuse

GENERAL MEETINGS: Notice of Meeting
MY E.G. SERVICES BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description MY E.G. SERVICES BERHAD ("MYEG" OR "COMPANY")

PROPOSED DIVIDEND-IN-SPECIE
Date of Meeting 19 Jan 2023
Time 10:00 AM

Venue(s) Broadcast Venue
Level 43A, MYEG Tower, Empire City
No. 8, Jalan Damansara, PJU 8
47820 Petaling Jaya, Selangor Darul Ehsan
Malaysia

Date of General Meeting Record of Depositors 12 Jan 2023

Resolutions

1. Ordinary Resolution 1
Description TO APPROVE THE PROPOSED DISTRIBUTION OF 84,000,000 ORDINARY SHARES IN AGMO HOLDINGS BERHAD ("AGMO"), REPRESENTING THE COMPANY'S ENTIRE 25.8% EQUITY INTEREST IN AGMO HELD THROUGH MY E.G. CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, TO ENTITLED SHAREHOLDERS OF THE COMPANY IN TWO (2) SEPARATE TRANCHES BY WAY OF A DIVIDEND-IN-SPECIE ("PROPOSED DIVIDEND-IN-SPECIE")
Shareholder’s Action For Voting

2. Ordinary Resolution 2
Description TO APPROVE THE PROPOSED WAIVER FROM THE SHAREHOLDERS OF THE COMPANY OF THEIR PRE-EMPTIVE RIGHTS ("PROPOSED WAIVER")
Shareholder’s Action For Voting



Please refer attachment below.

Attachments
MYEG - Notice of EGM and admin guide.pdf
233.5 kB


Announcement Info
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 03 Jan 2023
Category General Meeting
Reference Number GMA-03012023-00002
Corporate Action ID MY230103MEET0002

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:14 | Report Abuse

Ingat! :)

OTHERS MY E.G. Services Berhad ("MYEG" or the "Company") - Update on the status of the Memorandum of Understanding of Strategic Cooperation ("MOU") entered between the Company and the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology ("CAICT")
MY E.G. SERVICES BERHAD

Type Announcement
Subject OTHERS
Description MY E.G. Services Berhad ("MYEG" or the "Company")
- Update on the status of the Memorandum of Understanding of Strategic Cooperation ("MOU") entered between the Company and the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology ("CAICT")
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcements dated 12 October 2021, 1 July 2022 and 21 November 2022 in relation to the cooperation with CAICT.)



Reference is made to the announcements dated 12 October 2021, 1 July 2022 and 21 November 2022 in relation to the cooperation with CAICT.



The Board of Directors of the Company wishes to announce that the Company had on 17 November 2022 entered into a Collaboration Agreement (“the Agreement”) with CAICT for the Company to own and operate the Xinghuo International Supernode that will provide connectivity from China to the rest of the world. The Agreement shall now supersede the MOU entered on 12 October 2021. As such, the MOU would therefore no longer subsist.





This announcement is dated 21 November 2022.





Announcement Info
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 21 Nov 2022
Category General Announcement for PLC
Reference Number GA1-20112022-00001

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:16 | Report Abuse

China national blockchain Xinghuo BIF appoints MyEG to own and operate Xinghuo
International Supernode to connect China blockchain to global markets.
Cross border services include Decentralised Identifiers (DID) to facilitate Global Trade and
International Finance
(Kuala Lumpur, 21 Nov 2022) - China’s national blockchain, Xinghuo Blockchain
Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G. Services Bhd
(MyEG) on 17 November 2022 for MyEG to own and operate the Xinghuo International
Supernode (Malaysia) that will provide connectivity to the rest of the world at the 2022 China
Internet Conference in Shenzhen which was hosted by China’s Ministry of Industry and
Information Technology (MIIT) and Shenzhen Municipal People's Government. The
agreement also entails the cross-border adoption and utilisation of the latest Decentralised
Identifier standard (BID) to gradually create the Web3 of China and beyond.
Xinghuo BIF is a global blockchain infrastructure devoted to a trustworthy digital foundation
for the world. Up till now, 7 Xinghuo BIF supernodes cover main areas in China and 29
backbone nodes provide services to a broader range of industries and cities. Xiamen and
Liuzhou Supernodes, Jiaozhou (Shandong) and Hengqin (Guangzhou) backbone nodes
empower cross-border trade and provide international service overseas. International
enterprises including SAP and Siemens partnered with Xinghuo to promote global blockchain
innovative applications. Presently, Xinghup BIF resolves approximately 100 million blockchain
identifiers daily, placing it as the most actively used blockchain platform globally.
The international supernode will connect to MYEG’s layer-1 permissioned public blockchain,
Zetrix, which is fully compatible with Xinghuo. This enables Zetrix network’s on-chain assets
and transactions to cross seamlessly into Xinghuo, connecting governments, businesses and
their people to a global blockchain-based economy.
Commenting on the partnership, Xiaohui Yu, President of CAICT said,” We should cooperate
more in building node network, seize the opportunity presented in the next generation of
Internet and empower industries with blockchain and other technologies, thus providing solid
infrastructure and advancing innovative development.”
The agreement marks a milestone achievement in Xinghuo BIF’s global expansion since the
Memorandum of Understanding that was signed on 12th October, 2021. The international
supernode will connect to MYEG and develop blockchain infrastructure applications, which
will increase the interconnectivity of infrastructure in countries, and enhance the capability of
cross-chain operation. With its technologies and public service capabilities, Xinghuo BIF will
provide blockchain services to Malaysia and other ASEAN countries and assist in cross-border
commodity-tracing, identity verification and supply-chain finance.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:16 | Report Abuse

Wong Thean Soon, Group Managing Director of MYEG and co-founder of Zetrix said,”Xinghuo
BIF is already the most advanced and heavily utilised chain for industrial and trade
applications. Now with the commencement of the Xinghuo International Supernode, the rest
of the world can connect and be part of the China Web 3 evolution that will promote the
establishment of international communities and facilitate global trade and finance.”
Xinghuo BIF and MyEG’s layer-1 public blockchain, Zetrix, had previously announced the
introduction of cross chain Blockchain Identifiers (BID), Verifiable Credentials (VC), and on
Chain Agreement signing. BIDs and VCs are critical building blocks of more interconnected
Web 3, as they are the foundational tools that decentralised apps can call upon to deliver a
myriad of new services.
The agreement between the parties was befittingly signed on-chain using Zetrix’s blockchain
digital signing service. Find out more at signature.zetrix.com
About MY E.G. Services Bhd (“MYEG”)
MYEG is Malaysia’s premier digital services company. Having commenced operations in 2000
as the flagship e-government services provider, MYEG continues to play a leading role in
driving technological change in Malaysia and elsewhere in the region, bringing a diverse and
complete range of innovations spanning the online delivery of major government services to
a variety of commercial offerings in the areas of immigration, automotive, healthcare and
financial services, among others. Committed to staying firmly at the forefront of the region’s
digital revolution, MYEG has embraced the potential of blockchain technology to enhance all
aspects of life and is actively pioneering its adoption across its main markets. Beyond
Malaysia, MYEG has operations in other key regional markets such as the Philippines and
Indonesia.
About Zetrix
Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy,
security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple
industries to connect governments, businesses and their citizens to a global blockchain-based
economy. Owned by My E.G. Services Bhd, the cross-border and cross-chain integration with
Xinghuo Blockchain Infrastructure and Facility (BIF) enables Zetrix to serve as a blockchain
gateway that facilitates global trade by deploying critical building blocks for Web3 services
such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC). To learn more
about Zetrix, visit Website | Twitter |
About Xinghuo BIF
Xinghuo BIF is a national blockchain infrastructure supported by Ministry of Industry and
Information Technology and led by the China Academy of Information and Communications
Technology (CAICT). It provides services mainly to industrial Internet, makes breakthroughs
in Internet identifier, increases the application of blockchain and drives the economy. With
open construction strategies and governance model, Xinghuo BIF positions as a national
blockchain infrastructure that provides service to the world and its construction was started in
Aug 2020. On 3 Aug 2021, CAICT released BIF-Core, which marks the start of its primary
chain operation and global service.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:17 | Report Abuse

Remember bro!

OTHERS MY E.G. Services Berhad ("MYEG" or the "Company") - Collaboration Agreement with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology ("CAICT")
MY E.G. SERVICES BERHAD

Type Announcement
Subject OTHERS
Description MY E.G. Services Berhad ("MYEG" or the "Company")
- Collaboration Agreement with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology ("CAICT")
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcements dated 12 October 2021 and 1 July 2022 in relation to the cooperation with CAICT.)



Reference is made to the announcements dated 12 October 2021 and 1 July 2022 in relation to the cooperation with CAICT.



The Board of Directors of the Company wishes to announce that the Company had on 17 November 2022 entered into a Collaboration Agreement (“the Agreement”) with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology (“CAICT”) (“the Institute”) for the Company to own and operate the Xinghuo International Supernode that will provide connectivity from China to the rest of the world. The signing of the Agreement was completed at the 2022 China Internet Conference hosted by China’s Ministry of Industry and Information Technology (MIIT) and Shenzhen Municipal People's Government. The Agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard (BID) to gradually create the Web3 of China and beyond.



The Agreement is for a period of 4 years (“Initial Term”) which is renewable upon expiry subject to further negotiation of which the Company has the first right of refusal to renew the Agreement. It has no fixed value and is determined by the number of transactions on Xinghuo International Supernode.



Barring any unforeseen circumstances, the Agreement is expected to contribute positively to the earnings per share and net assets per share of the Group for the financial year ending 31 December 2022 and onwards and will not have any effect on the issued and paid-up capital of the Company.



None of Directors and/or major shareholders of the Company and/or person connected with them have any interests, direct or indirect, in the Agreement.



The Board of Directors of the Company, having reviewed and considered the terms and conditions of the Agreement, is of the opinion that the Agreement is in the best interest of the Company and the terms and conditions of the Agreement are fair, reasonable and on terms that are not detrimental to the interest of the minority shareholders of the Company.



Please refer to the attachment in relation to the press release for further details.



This announcement is dated 21 November 2022.




Please refer attachment below.

Attachments
MY E.G. Services Berhad - Press Release on Collaboration Agreement with CAICT.pdf
130.5 kB

Announcement Info
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 21 Nov 2022
Category General Announcement for PLC
Reference Number GA1-17112022-00084

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:19 | Report Abuse

Pintarlah, dah masuk pasaran Bangladesh:)

KUALA LUMPUR: MyEG Services Bhd yesterday confirmed its expansion into Bangladesh, saying it had entered into a joint venture (JV) with two other firms to provide technology and e-government services in that country.

The group said its wholly-owned subsidiary, MY EG International Sdn Bhd, had signed the JV agreement with Bangladesh-based Control Data (BD) Ltd and My Paycheck Sdn Bhd.

Control Data will hold a 55% stake in the JV, while My EG International will have a 40% stake and My Paycheck the remaining 5%, the group said in a filing with Bursa Malaysia.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:20 | Report Abuse

Baguslah,myeg keeps expanding di luar negara :)

KUALA LUMPUR: MY E.G. Services Bhd’s (MYEG) subsidiary in Indonesia, PT Cartenz Inti Utama (Cartenz Group), has secured additional government mandates to roll-out its tax monitoring system to 30 more cities.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:22 | Report Abuse

Myeg adalah stok ESG. Ia boleh menarik pelabur ESG sedunia tak terhingga. Terindah!

The firm identifies cyber threat, technology performance, customer experience and data protection as critical areas for its biz model

MYEG Services Bhd, the nation’s largest e-government services provider, has passed muster for its environmental, social and governance (ESG).

“We find its ESG-related policies and framework adequate, with zero incidents of controversies or breaches of cyber security and customer data,” according to a Maybank IBG Research report.

As an IT services provider, MyEG identifies cyber threat, technology performance, customer experience and data protection as the most critical areas for its business model.

“It has yet to experience any incidents or controversies on these matters thus far. It has also managed to reduce GHG emissions, as well as electricity

and petrol consumption between FY19 to FY21 as part of adopting more digitalised practices,” according to the report released last Friday.

In the maiden expanded ESG tear sheet, the research house assigned an above-average overall score of 67 for MyEG. It noted that MyEG’s supply chain financing application on its Zetrix blockchain platform could also provide a sustainability angle through traceability of products.

It said the group recently reached another milestone in October 2022 through the formation of partnerships with AmBank Group and Mimos Technology Solutions Sdn Bhd to roll out cross-border trade financing solutions for the local businesses with the Chinese merchants.

The report said MyEG also ranked fairly well on sustainalytics ESG metric, with a score of 21.5 and “medium” risk rating, as well as being at the top quartile on Bursa’s ESG ranking.

MyEG is a concessionary technology solutions provider for government departments, with commercial divesification into fintech and healthcare. As the largest e-government services provider in Malaysia, it builds, operates and owns the electronic channels to deliver services from various government agencies, including the Road Transport Department, police, immigration and Health Ministry.

The company also has a regional presence in the Philippines, Bangladesh and Indonesia through joint ventures and associates.

The report said MyEG has a strong market positioning with several potential wildcards including blockchain and fully-digital driving licence test.

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:25 | Report Abuse

Tiada yang mustahil, terus bertumbuh di luar negara:) itulah yg laporan UOB menekankan potensi myeg :)

www.bernama.com/bm/news.php?id=1749600

Good123

26,444 posts

Posted by Good123 > 2023-02-14 06:29 | Report Abuse

MYEG A SaaS group that offers solutions in the development and implementation of Electronic Government Services and has a presence in Malaysia, Philippines, Bangladesh, and Indonesia. More and more countries to be added continuously.

Dah cukup jumlah takda dalam kamus myeg hahahaha

Good123

26,444 posts

Posted by Good123 > 2023-02-14 07:52 | Report Abuse

Oh. Shortsellers main buyuk :)

KUALA LUMPUR (Feb 13): Investors shorted 162.34 million shares in MyEG Services Bhd over the past five trading days, amid a heavy selldown that wiped out RM2.61 billion from the company’s market capitalisation.

MyEG, whose shares declined further to 60 sen on Monday (Feb 13), the lowest since September 2020, saw the highest number of shares sold short on Monday, according to Bursa Malaysia’s data on regulated short selling (RSS).

Some 24.4 million shares worth RM14.6 million were shorted on Monday, accounting for 74.4% of the total short-selling volume of 32.79 million shares in the local bourse.

This marks the fifth consecutive trading day that MyEG has topped the short-selling list.

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-14 07:52 | Report Abuse

no hope ... can become like serba ..although the issue difference but the down pattern on chart pretty similar ...big gap down...careful all ...lose big or lose bigger or lose all ?

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