MyEG writes off GST investment, redeploys assets to other countries

The Main Market-listed MyEG told Bursa Malaysia yesterday that its sub-subsidiary, MyEG (Indonesia) Sdn Bhd, has entered into a share subscription agreement and a shareholders

KUALA LUMPUR: MyEG Service Bhd posted its first ever quarterly loss in the three month through September on impairment charges related to the abolishment of the goods and services tax (GST) regime.

The company, in a filing with Bursa Malaysia Thursday, said it made a net loss of RM97.5mil on revenue of RM138.3mil.