MyEG hopeful on relationship with new govt

Uptrend: For its third quarter ended March 31, MyEG announced an 8.62 advance in net profit to RM58mil on the back of a 12.4 rise in revenue to RM111.53mil.

PETALING JAYA: E-government provider MyEG Services Bhd is cautiously optimistic that it will be able to work with the new Government of the day, and continue to roll out new e-government services while maintaining the service level of the current services which will continue to benefit the Malaysian public, consistent with the new Government’s manifesto.

In a results filing with Bursa Malaysia detailing its prospects moving forward, MyEG said that in view of the recent pronouncements of the new Government to abolish the current GST regime, MyEG wishes to clarify that the company will wait for the official details by the Government with regard to the implementation of the new tax system before making the necessary announcements to Bursa.