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 (Bernama): The High Court of Kuala Lumpur has upheld the decision of the Malaysia Competition Commission (MyCC) against MY E.G. Services Bhd and MYEG Commerce Sdn Bhd (collectively referred to as MyEG) under Section 10(2)(d)(iii) of the Competition Act 2010 for abusing its dominant position.
In dismissing the judicial review application by MyEG, High Court Judge Datuk Azizah Nawawi agreed with the Competition Appeal Tribunal's findings that reaffirmed MyCC's decision that MyEG had abused its dominant position by imposing different conditions in equivalent transactions in the purchase of mandatory insurances for the renewal of the Pas Lawatan (Kerja Sementara) (PLKS) for foreign workers.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
