MD Wong says company intends to increase the percentage of its commercial business.
My EG Services Bhd (MyEG) has brushed aside notion that the bulk of its business activities were dependent on the Government.
It said that commercial solutions and services now make up 70% of the group’s business activities, thus no longer rendering it just a concession for various e-government applications.
My EG Services Bhd (MyEG) has incorporated a new subsidiary to provide management and consultancy services.
In a filing with Bursa Malaysia, the e-Government services provider said MY EG Management Services Sdn Bhd was set up with an authorised share capital of RM400,000.
Read more: MyEG forms management and consultancy services unit
e-Government services provider gets mandate for online renewal of temporary permits for foreign workers
Malaysia’s leading e-government services provider My E.G. Services Bhd (MyEG) landed another contract related to the foreign workers permit.
The company, which already has the mandate for the online renewal of foreign workers permit, was given the job to handle the renewal of temporary employment pass for foreign workers (PLKS).
My EG Services Bhd’s (MyEG) contract to manage the registration of illegal foreign workers under the rehiring programme has been extended until Dec 31, 2017.
In a filing with Bursa Malaysia, the e-Government services provider said it received a notification letter on Monday from the Home Affairs Ministry regarding the extension.
The project was originally scheduled to run from Feb 15, 2016, to Aug 15, 2016.
Read more: MyEG’s contract to register foreign workers extended till year-end
Malaysia, all set to ride the digital economy wave, can expect to see the contribution of e-commerce to the economy increase within three years, grossing RM211 billion.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the annual growth rate target of 10.8 per cent this year, which was expected to double to 20.8 per cent in 2020, was achievable as there were more than 40 initiatives to spur growth.