MyEG’s Contract To Register Malaysia Foreign Workers Extended Till 31 Dec 2017

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MyEG’s Contract To Register Malaysia Foreign Workers Extended Till 31 Dec 2017

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

In a filing with Bursa Malaysia, the e-Government services provider said it received a notification letter on Monday from the Home Affairs Ministry regarding the extension. The project was originally scheduled to run from Feb 15, 2016, to Aug 15, 2016.

MyEG said it would be able to register all foreign workers except those from Myanmar.

The company said the project had no fixed value as it depended on the number of illegal foreign workers successfully registered.

“It is expected to contribute positively to the earnings and net assets per share of the group for the financial years ending June 30,  2017 and 2018 respectively.

MyEG said none of the directors and/or major shareholders and persons connected with a director or major shareholder had any interest, direct or indirect, in the project.

Recently the Immigration Department gave MyEG the mandate to provide online renewal of temporary employment pass for foreign workers for a period of five years, backdated to start from May 23, 2015.

New Source: TheStar

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