Launched last December, the E-Tukar Hakmilik Sementara service aims to solve all issues concerning the transfer of ownership during the time when the vehicle is sold to a used-car dealer. Under existing law, until the vehicle is sold to the eventual buyer, the ownership is technically registered with the original seller.
"With this online system, car sellers can also ensure completion of the sales transactions to used car dealers, granting them peace of mind. We are optimistic that this new service would follow the footsteps of our previous e-Government services rolled out," MYEG executive chairman Datuk Dr Norraesah Mohamad said in a statement today.
For a fee of RM10 under the E-Tukar Hakmilik Sementara service, car sellers can transfer their ownership to car dealers on a temporary basis for a period of six months.
Transport Minister Datuk Seri Kong Cho Ha had recently said that the Road Transport Department (RTD) was monitoring the take-up rate of E-Tukar Hakmilik Sementara and is considering to make its adoption mandatory.
Meanwhile, MYEG reported a revenue of RM16.9 million for the second quarter ended Dec 31 2011, up 27% from RM13.3 million a year ago.
It attributed the net profit and revenue growth primarily to its introduction of cloud computing-based services and higher volumes from RTD-related and insolvency search applications.
For the cumulative six months period, the group's net profit increased by 40% to RM12.1 million from RM8.6 million a year ago. Revenue also increased by 22.7% to RM31.1 million from RM25.3 million.
MYEG also declared its first interim tax exempt dividend of 0.5 sen per share amounting to RM3.0 million for the first half of FY11.
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Quelle/Source: The Sun Daily, 29.02.2012
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