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
PETALING JAYA: MyEG Services Bhd’s Indonesian arm will acquire a 40% stake in a tax monitoring system provider for US$10mil (approximately RM41.1mil), as the e-government services company seeks to expand its footprint in the republic.
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’ agreement with PT Aria Pacific Perkasa, PT Azzahra Korporindo Investama, PT Cartenz Inti Utama (PT CIU) and an individual named Gito Wahyudi - a director and shareholder of PT Azzahra as well as a director of PT CIU.
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