MyEG wins Immigration Dept job worth RM554m

PETALING JAYA: My E.G. Services Bhd (MyEG) has entered into a concession agreement with the government for the provision of online renewal of foreign worker temporary employment pass for the Immigration Department of Malaysia.
In a filing with Bursa Malaysia yesterday, MyEG said the tenure of the RM553.85 million project is five years, from May 23, 2015 to May 22, 2020, and is renewable upon expiry, subject to the government’s approval.
The project is expected to contribute positively to the earnings and net assets per share of the company for the financial years ending June 30, 2017 until the expiry of the project.