Workers village bodes well for MYEG's immigration segment

KUALA LUMPUR: Things are turning brighter for My EG Services Bhd's immigration business after securing the tender to establish the worker's village in Batu Kawan Industrial Park 3 in Pulau Pinang, says Malaysian Industrial Development Finance (MIDF) Research.

According to the research firm, the workers village, which is expected to provide accommodation to a workforce of 7,500 foreign workers, could yield benefits for the group's immigration segment, which accounts for about 35% of its total revenue.