Posted by keluarpattern > 2024-06-19 09:51 | Report Abuse

冲冲冲

Posted by pang72 > 2024-06-19 11:31 | Report Abuse

https://www.sinchew.com.my/news/20240619/nation/5694124

Welcome China Premier Li Qiang visiting Malaysia

Posted by keepup > 2024-06-19 11:56 | Report Abuse

look like market not positive on it??

Posted by OrlandoWeb3AI > 2024-06-19 12:28 | Report Abuse

With Li Qiang commencing his visit to Malaysia on Tuesday, Maybank IB posits that MYEG’s blockchain-based ZTrade platform could gain substantial traction following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

ZTrade enables the digitalisation of trade clearance and tariff computation to cut processing time by up to 50%.

"We have yet to impute for potential ZTrade earnings accretion into our forecasts for MYEG, as cross-border trade volume is harder to ascertain (versus publicly available trade value statistics). Similar to MYEG’s Zetrix token sales business, we expect ZTrade’s net operating margins to be in the 90-95% range," Maybank IB said in a note on Wednesday.

Posted by OrlandoWeb3AI > 2024-06-19 12:30 | Report Abuse

... following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

Posted by U1818 > 2024-06-19 12:37 | Report Abuse

https://www.klsescreener.com/v2/news/view/1344397/myeg-ep-manufacturing-eco-world-dialog-aax-seen-reaping-benefits-of-china-premier-s-visit-to-malaysia

MyEG, EP Manufacturing, Eco World, Dialog, AAX seen reaping benefits of China premier’s visit to Malaysia

With Li Qiang commencing his visit to Malaysia on Tuesday, Maybank IB posits that MYEG’s blockchain-based ZTrade platform could gain substantial traction following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

ZTrade enables the digitalisation of trade clearance and tariff computation to cut processing time by up to 50%.

Posted by sailang_now > 2024-06-19 16:01 | Report Abuse

The taxman is coming? Better take profit first?... tut tut

LHDN says has identified individuals, companies involved in crypto trading.
https://theedgemalaysia.com/node/715951

Posted by Tenka226 > 2024-06-19 16:08 | Report Abuse

How the LHDN tracks those who profit from cryptocurrencies ?

Posted by U1818 > 2024-06-19 17:04 | Report Abuse

https://www.klsescreener.com/v2/news/view/1344467

李强访马深化投资 5公司料成大赢家

1. MyEG
潜在利好：ZTrade跨境贸易促进平台正式推出

MyEG以区块链技术为基础的ZTrade平台，可能会在马中双方于今日正式签署相关文件后，显著加快发展。

ZTrade平台让贸易通关和关税计算数字化，可以将处理时间缩减最多50%。

在今日签约后，大马农业和食物安全部也将宣布，使用ZTrade为官方管道，向中国发放农业认证，这可能包括出口准证和其他的准证。

分析员仍未将ZTrade的潜在盈利贡献，纳入MyEG的未来盈利预测中，毕竟跨境贸易量难以预测。

中国已经连续15年成为大马的出口伙伴，而去年马中双边贸易一共占本国总体跨境贸易的17%。

Posted by icst1975 > 2024-06-19 17:19 | Report Abuse

Companies with MSC status recognition enjoy significant tax incentives. Key benefits:

100% Tax Exemption: MSC-status companies receive a 100% tax exemption on their taxable statutory income. This exemption is renewable for up to 10 years from the date the company starts generating income.
Investment Tax Allowance (ITA): MSC-status companies can also benefit from the ITA, which provides a 100% deduction on qualifying capital expenditure.
Additionally, there’s a new outcome-based tax incentive called the Malaysia Digital (MD) Tax Incentive. It encourages investments in high-growth tech areas. The MD Tax Incentive aligns with international standards and offers reduced tax rates or investment tax allowances for eligible companies undertaking qualifying activities.

Posted by icst1975 > 2024-06-19 17:48 | Report Abuse

Zetrix 促进了全球不同国家之间的贸易.
Zetrix是一家领先的公共区块链平台。Zetrix促进了各国之间的跨境贸易。最近，MYEG与中国银行合作推出了一个试点项目，为国际进口商和出口商提供供应链融资产品。该举措旨在提供更高效、更便利的跨境金融服务。此外，Zetrix的去中心化应用程序ZTrade通过数字化原产地证书，使出口商向中国更快、更无缝地进行跨境交易。因此，Zetrix不受特定国家之间贸易的限制；它旨在通过利用区块链技术和Web3服务的关键构建块来支持全球贸易。

Posted by icst1975 > 2024-06-19 17:49 | Report Abuse

Zetrix facilitates trades between different countries worldwide.
Zetrix is a leading public blockchain platform. Zetriz facilitates cross-border trade between countries. Recently, MYEG launched a pilot project in conjunction with the Bank of China to offer supply chain financing products for international importers and exporters. This initiative aims to provide more efficient and convenient cross-border financial services. Additionally, Zetrix’s decentralized application, ZTrade, enables faster and seamless cross-border trading experiences for exporters to China by digitizing their Certificates of Origin. So Zetrix is not restricted to trade between specific countries; it is designed to support global trade by leveraging blockchain technology and critical building blocks for Web3 services.

Posted by U1818 > 2024-06-19 19:29 | Report Abuse

Today's announcement, EPF come back as major shareholfer again ;D

Posted by U1818 > 2024-06-19 19:32 | Report Abuse

Should you worry about paying taxes if you make a lot of money, or avoid making a lot in order to pay less taxes?

Posted by OrlandoWeb3AI > 2024-06-19 19:45 | Report Abuse

MYEG is NOT trading in cryptocurrency

MYEG is an issuer of cryptocurrency

When a listed company issues shares it is not subject to income tax

When a shares trader trades the company shares he is subject to tax.. but in Malaysia at the moment

Any better to ask MYEG during AGM

Posted by OrlandoWeb3AI > 2024-06-19 19:45 | Report Abuse

*not

Posted by OrlandoWeb3AI > 2024-06-19 19:46 | Report Abuse

*anyway

Posted by OrlandoWeb3AI > 2024-06-19 20:01 | Report Abuse

You know Zetrix is something when it is brought up in a ceremony during a Premier visit

Posted by pang72 > 2024-06-19 20:08 | Report Abuse

在今日签约后，大马农业和食物安全部也将宣布，使用ZTrade为官方管道，向中国发放农业认证，这可能包括出口准证和其他的准证。

Look like Ztrade agreement signed today!

Posted by pang72 > 2024-06-19 20:09 | Report Abuse

Ministry of Agriculture kick start the 1st export deal? DURIAN, I GUESS

Posted by pang72 > 2024-06-19 20:09 | Report Abuse

Tmr, hoseh jo

Posted by pang72 > 2024-06-19 20:11 | Report Abuse

Analysts has yet to factor in Ztrade into target price already TP1. 60
If Ztrade included will be how high?

Posted by U1818 > 2024-06-19 20:33 | Report Abuse

@pang72, at least 3 to 4 story high in near term, ~~ RM3.50 (Malaysia), after all RCEP countries adopted RM35 ;D

Posted by hhhiii123 > 2024-06-19 21:26 | Report Abuse

hehe, tomorrow show time

Posted by beinvested > 2024-06-19 22:44 | Report Abuse

Recently, EPF ceased to be the substantial shareholder. Today, it filed the Notice for substantial shareholder. Means, it bought back the shares on 13 June.

At another time, there appeared like it sold at the higher price and bought back at the lower price before the closing.

Posted by laulau > 2024-06-20 09:51 | Report Abuse

Yes! Follow EPF/KWAP to Sell Myeg on News! Buy on Rumours!. For those who already took profit? Remember Pestech Aerotrain contract termination? Government is good at backtracking as Pestech is currently back on Aerotrain Project in JV with IJM. Iris substantial shareholder Dato' Robin's father is TSVT who enjoys good relationship & lobby with present Govt & Royalty. Iris could also comeback into Niise Project through a JV with the successful bidder as Immigration is still using Iris Border Security Management Equipment & Systems. Arbitration with Government on quantum of compensation for Iris on Niise termination is also ongoing? Otherwise why the long delay to announce the successful bidder?
https://www.freemalaysiatoday.com/category/nation/2024/01/19/no-govt-interference-says-loke-as-pestech-back-in-aerotrain-project/

Posted by hng33 > 2024-06-20 16:18 | Report Abuse

bought back myeg at 1.04

Posted by CarolineTeoh > 2024-06-20 20:26 | Report Abuse

I wait below Rm1 ...safer

Posted by hhhiii123 > 2024-06-20 21:51 | Report Abuse

still hold, wait for breakout to topup, hehe

Posted by laulau > 2024-06-21 08:26 | Report Abuse

Good idea!
CarolineTeoh

I wait below Rm1 ...safer

As long as EPF & KWAP keeps on selling supported by IBs who keeps on issuing Call Warrants on a monthly basis, Myeg would not move much. Also we need to see how Myeg deals with it's tax obligations for Zetrix token profit? Income tax may review Myeg's Income declaration for penalties or raise additional tax which will affect its bottom line?
If free, take a look at Iris, Kobay for Tech & DC play or Engtek for Water & DC play as associated with Ranhill & YTL power play. We can always come back later to Myeg after the dividend & share reinvestment plan?

Posted by keepup > 2024-06-21 12:19 | Report Abuse

foreign fund gone?

Posted by hng33 > 2024-06-21 16:33 | Report Abuse

cut at 1.03, better wait for NIIS award impact first

Posted by laulau > 2024-06-21 16:44 | Report Abuse

Wise move. Buy Iris, Kobay or Engtex got positive momentum. We will revisit Myeg later?

Posted by Tenka226 > 2024-06-21 18:31 | Report Abuse

Ya, revisit Myeg when the price is less than Rm1

Posted by hng33 > 2024-06-21 19:20 | Report Abuse

Kwp continue selling, kwp fund manager also selling, myeg CEO also selling direct share to company.... EPF selling and trading, now ease less 5%, everyone is waitinvg for NIIS outcome which risk myeg losing 2/3 immigration business after 2 year extensions lapse

Posted by kkl123 > 2024-06-21 20:08 | Report Abuse

This counter down because of PM LEE arriving
Will up up up because HE already leaving.
Monday buy back

Posted by U1818 > 2024-06-21 22:34 | Report Abuse

https://www.myeg.com.my/investor-relations/general-meetings

MYEG AGM, 25-6-2024, 10am ~ ~ Tomorrow is the last day to submit questions to MYEG ;D

Posted by icst1975 > 2024-06-22 07:19 | Report Abuse

In the first quarter of 2024, MY E.G. Services Bhd (MYEG) experienced a significant boost in net profit, rising by 47.09% to RM155.83 million compared to the same period last year. This growth was primarily driven by contributions from its Zetrix blockchain platform services and the sale of Zetrix tokens. The company’s revenue also increased by 34.49%, reaching RM232.96 million during Q1 202412. MYEG expects to continue introducing innovative services leveraging blockchain technology (specifically its Layer 1 blockchain platform, Zetrix) to drive organic growth in 2024. Additionally, Zetrix has been integrated with China’s national blockchain platform, “Xing Huo,” allowing cross-border trade and expanding MYEG’s global reach. The long-term outlook for MYEG remains positive as they continue to introduce innovative services both in Malaysia and globally.

Posted by sg999 > 2024-06-22 12:16 | Report Abuse

MYEG become mygg？

Posted by U1818 > 2024-06-22 19:25 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%86%9C%E9%95%BF%E4%B8%AD%E5%9B%BD%E9%9C%80%E6%B1%82%E9%AB%98-%E5%A4%A7%E9%A9%AC%E2%80%9C%E7%94%98%E6%A6%9C%E6%A6%B4%E6%A2%BF%E2%80%9D%E4%B9%9F%E5%B0%86%E5%87%BA%E5%8F%A3?fbclid=IwZXh0bgNhZW0CMTAAAR13gsUM7Mw8qJQFVjfbMjHK4Md01YOyBp8pbl4YiMyM6v79SKvoxaRZvtU_aem_Z9AbrwCECLOtws9gwlwvPQ

中国需求高，大马甘榜榴莲也将出口

Posted by U1818 > 2024-06-23 21:54 | Report Abuse

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E8%80%83%E8%BD%A6%E7%A8%8B%E5%BA%8F5%E5%B9%B4%E5%86%85%E5%85%A8%E9%9D%A2%E8%87%AA%E5%8A%A8%E5%8C%96-%E9%99%86%E5%85%86%E7%A6%8F%EF%BC%9A%E9%A9%BE%E9%A9%B6%E5%AD%A6%E9%99%A2%E5%8F%97%E8%B4%BF%E5%B0%86%E5%90%8A%E9%94%80%E6%89%A7%E7%85%A7?fbclid=IwZXh0bgNhZW0CMTAAAR0KarGIDKVhpWT7b2SblfGDgqSpYVI04Xar_14Ev4whVG3oAbIeVGWcP30_aem_gpjOUgzjuhxvsyfHEuG6pw


考车程序5年内全面自动化 陆兆福：驾驶学院受贿将吊销执照

2024年06月23日

Posted by Sanabeng > 2024-06-24 09:26 | Report Abuse

No worry, sure MyEG will become penny stock again.

Posted by CarolineTeoh > 2024-06-24 17:44 | Report Abuse

So better q at 88 cents ?

Posted by U1818 > 2024-06-24 18:07 | Report Abuse

https://www.msn.com/en-my/money/topstories/interview-bringing-web3-to-forefront-now-rather-than-later/ar-BB1oKX9u

Interview: Bringing Web3 to forefront, now rather than later

Today, Zetrix is focused on two primary applications, which are for cross-border trade and for cross-border government document verification.

MyEG works closely with Mimos Bhd on their Malaysian Blockchain Infrastructure project to provide the modules required by the government and enterprises.

Going global
More than two decades ago, when MyEG introduced online services, Wong shares that he regrets it having been “overly focused” on the Malaysian market and not extending its e-government services and solutions outside of the country.

This is why, with Zetrix, Wong is steadfast on aggressively targeting the international market.

“For Web3, the application we are rolling out, which is cross-border trade, by its very nature involves many more markets, many more countries and many more governments,” he says.
“We are still very early in the blockchain technology cycle. Many silos will be built on blockchain over the next 20 years, many of which we cannot even imagine today,” says Wong.

Posted by Zrenxy > 2024-06-24 21:42 | Report Abuse

All in Hextar Global Bhd, gonna up soon

Posted by keepup > 2024-06-25 10:26 | Report Abuse

every day drop only. lol

Posted by laulau > 2024-06-25 10:39 | Report Abuse

As long as EPF/KWAP keeps on selling, IBs will support with monthly issue of Call Warrants to keep Myeg price low Also the Share dividend & Share reinvestment plan will dilute shareholder's value. Don't forget about the additional Corporation Tax that Myeg may have to pay for Zetrix token profit? Better buy Iris as got positive momentum and comes back after price correction to a more comfortable value?

keepup

every day drop only. lol

Posted by Zrenxy > 2024-06-25 20:59 | Report Abuse

All in Hextar Global, Next Ytlpower in making.

Posted by hhhiii123 > 2024-06-25 21:34 | Report Abuse

unexpected dividend lol

Posted by OrlandoWeb3AI > 2024-06-26 09:39 | Report Abuse

TS Wong has confirmed a couple of stuff in the agm

Wide scope

Bright future