KUALA LUMPUR – MY E.G. Services Bhd’s (MYEG) concession agreement for the provision of e-government services has been extended by three years, to May 22, 2023.
In a filing with Bursa Malaysia today, the company said it received a letter on the extension from the Transport Ministry yesterday.
The services include the electronic delivery of vehicle registration; driver and vehicle licensing; and, payment of summonses.
The MYEG board of directors expects the extension to contribute positively to the company’s earnings and net assets per share moving forward. – Bernama, December 4, 2020