PublicInvest Research

Technical Buy - MYEG (0138)

PublicInvest
Publish date: Mon, 08 Aug 2022, 11:11 AM
PublicInvest
0 9,230
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

MYEG builds, operates and owns the electronic channel to deliver services from various Government agencies to Malaysian citizens and businesses.

Source: Corporate website

Fundamentals

MYEG announced that Zetrix, MYEG’s Layer-1 Blockchain platform, together with China Academy of Information and Communications Technology (CAICT) owned Xinghuo BIF, have jointly introduced the Blockchain-based Identifiers/Verifiable Credentials and Blockchain-based E-signing services to international markets, a major milestone in enabling cross-border business with China on the blockchain.

Source: PublicInvest Research - 8 Aug 2022

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