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Corporate News

MyEG ventures into repatriation of illegal foreign workers

KUALA LUMPUR: The Home Affairs Ministry has appointed My EG Services Bhd (MyEG) to undertake the voluntary repatriation of illegal foreign workers for the Immigration Department.

Corporate News

MyEG Services falls, says rehiring project to end on June 30 (Update)

KUALA LUMPUR: MyEG Services share price fell to a low of 65.5 sen early Monday on concerns about the termination of the management of illegal foreign workers for the rehiring programme.

Corporate News

MyEG appointed to handle foreign worker rehiring

KUALA LUMPUR: My EG Services Bhd (MyEG), which last September received a Government contract to register illegal foreign workers, has been appointed to take part in the programme to rehire foreign workers without permits.

Corporate News

MyEG’s contract to register foreign workers extended till year-end

KUALA LUMPUR: My EG Services Bhd’s (MyEG) contract to manage the registration of illegal foreign workers under the rehiring programme has been extended until Dec 31, 2017.

Analyst Reports

My EG’s GST monitoring launch set for end-2017

KUALA LUMPUR: My EG Services’ GST monitoring (GSM) project’s Phase 1 nationwide launch is taking longer than expected and the target launch is now set for end-2017 versus June 2017 previously, according to CIMB Equities Research.

Corporate News

MyEG Services at a major turning point

KUALA LUMPUR: CIMB Equities Research views MyEG Services is at a major turning point now with positive developments from the Goods and Services Tax (GST) monitoring project and the registration of illegal foreign workers (IFWs).

Stock on the Move

MyEG shares plunge 20% on contract termination

KUALA LUMPUR: Shares in MyEG Services Bhd plunged over 21% in early trade after the Government terminated the management of illegal foreign workers for the rehiring programme.

Corporate News

CIMB Research cuts MY EG Services EPS

KUALA LUMPUR: CIMB Equities Research has cut MY EG Services’ earnings per share (EPS) FY16-18F by 20%-27% to take into account the slower-than-expected registration of illegal foreign workers (IFW) which ended on Thursday.

Analyst Reports

MyEG’s share price has bottomed out, says CIMB Research

KUALA LUMPUR: MyEG Services’ share price has bottomed after overcoming its immediate-term resistance trend line at 77.5 sen last Thursday, says CIMB Equities Research.

Business

MyEg gets contract extension

KUALA LUMPUR: My EG Services Bhd’s (MyEG) contract to manage the registration of illegal foreign workers under the rehiring programme has been extended until Dec 31, 2017.