MyEG pays RM6.4m to settle bulk of daily penalty imposed by MyCC

My EG Services is among the five Malaysian companies on Forbes

KUALA LUMPUR: My E.G. Services Bhd has paid RM6.4mil out of RM9.64mil imposed by the Malaysia Competition Commission (MyCC) which was daily penalty of RM7,500 over its online foreign worker renewal system.

The e-government services provider announced on Tuesday the MyCC had accepted the changes made by MYEG and its subsidiaries to its online foreign worker renewal system. 

 “As such, with the acceptance of the changes made, the daily penalty of RM7,500 will cease with immediate effect. Penalty up to the date of the acceptance amounted to RM9.64mil of which MYEG had paid a total of RM6.41mil,” it said.

 MYEG said with the acceptance by MyCC, it had fully complied with the decisions made earlier by MyCC and its Competition Appeals Tribunal.

“However, the appeal which MYEG had filed to the Court of Appeal will continue. MYEG had filed an appeal to the Court of Appeal against the decisions made earlier by MyCC and CAT and to appeal against the penalty imposed by MyCC,” it said.

MYEG also stated the changes required were related to the user interface of the group’s portal and did not affect the ongoing delivery and provision of all its services.