MyEG wins 5-year con­ces­sion

New Straits Times - - Business -

MyEG Ser­vices Bhd has been awarded a five-year con­ces­sion to pro­vide on­line re­newal of tem­po­rary em­ploy­ment pass for for­eign work­ers, val­ued at RM553.85 mil­lion. In a fil­ing, the com­pany said the con­ces­sion would run from May 23 2015 to May 22 2020 and was re­new­able upon ex­piry sub­ject to the gov­ern­ment’s ap­proval. It ex­pected the con­ces­sion to con­trib­ute pos­i­tively to the earnings and net as­sets per share of the com­pany for the fi­nan­cial years end­ing June 30 on­wards un­til the ex­piry of the project.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.