MyEG confirms value of concession at RM553mil

PETALING JAYA: My E.G. Services Bhd (MyEG) has confirmed that the five-year concession given by the Government to provide online renewal of temporary employment passes for foreign workers is valued at RM553.85mil.

In a filing with Bursa Malaysia, the group said it had signed the concession agreement on March 1 to provide the service from May 23, 2015 to May 22, 2020.