MyEG customs project may contribute to its bottom line

PETALING JAYA: MyEG Services Bhd will be entitled to a share of tax collections it will carry out for the Royal Malaysian Customs Department (Customs) after the collections hit a certain level.

This was revealed by CIMB Research in a recent report commenting on MyEG’s announcement last week that it had signed a letter of award with the Customs to wire up businesses that are required to pay tax to the Government.