KUALA LUMPUR (Dec 1): Mawer Investment Management Ltd has emerged as a substantial shareholder in MY E.G. SERVICES BHD [] with 32.34 million shares or 5.39% stake.

A filing with Bursa Malaysia showed the Canadian registered company acquired the shares up to Nov 18.

According to its website, Mawer is a privately owned, independent investment counsellor. It manages more than C$9.2 billion in assets for a broad range of individual and institutional investors across all major asset classes.