The strategic alliance forged between MYEG, MIMOS Berhad, Worldcoin Foundation, and
TFH, promises to revolutionise the digital landscape in Malaysia. By combining their expertise
and resources, these entities will create a synergy that will significantly enhance the security,
efficiency, and scalability of digital ecosystems and blockchain applications within the
country

MYEG, the leading provider of digital government services in Malaysia, will contribute its
extensive infrastructure and expertise in delivering seamless online experiences. It will work
to incorporate the solutions developed by MIMOS Berhad, Worldcoin Foundation, and TFH into existing government service delivery systems, ensuring that citizens can access these
services conveniently and securely.

The Board of Directors of the Company wishes to announce that MYEG, MIMOS Berhad, Worldcoin Foundation and Tools for Humanity ("TFH") have entered into a collaboration which combines the unique capabilities of each organisation to explore the integration of Worldcoin’s advanced credential verification technology into Malaysia’s Blockchain Infrastructure. Additionally, the partnership will assess the feasibility of potential local manufacturing of Orbs, TFH's hardware and software tools for human verification.

Final dividend declare today with option either opt for cash or reinvestment plan.
Next week will get another interim dividend coming

US regulator files complaint against Genting Bhd, Resorts World Las Vegas for allegedly allowing suspected or proven criminals to gamble

By Malay Mail
Friday, 16 Aug 2024 12:16 PM MYT
KUALA LUMPUR, Aug 16 — The Nevada Gaming Control Board (NGCB) in the US has accused Resorts World Las Vegas (RWLV) of catering to individuals with ties to organised crime in a complaint filed yesterday.

The NGCB’s 31-page complaint alleged that Resorts World Las Vegas LLC, and its parent company, Genting Bhd, “welcomed certain individuals with suspected or actual ties to illegal bookmaking, histories of federal felony convictions related to illegal gambling businesses, and ties to organised crime”, according to a report by Bloomberg.

-Advertisement-


The complaint said the resort allowed individuals with convictions for running illegal gambling operations, money laundering and tax-law violations to place millions of dollars in wagers.

“The culture within Resorts World created the perception, or the reality in certain instances, that Resorts World is an avenue to launder funds derived from illegal activity,” the NGCB said in its statement, as quoted by the Inside Asian Gaming (IAG) magazine.
“The NGCB investigation revealed acceptance among RWLV executives of a culture where information of suspicious or illegal activity is, at a minimum, negligently disregarded, or at worst, wilfully ignored for financial gain.”......

Riot in US - anti- Israel
vs.
Riot in UK - anti-Muslim

Two set of dividend, final dividend for FY2023 and interim dividend for FY2024 to be declared within these month.

https://www.livemint.com/news/world/chinas-steel-industry-in-trouble-as-property-market-woes-hit-demand-11723651937082.html

Demand slowdown hits steel prices:
The slowdown in demand has led to a fall in prices. Steel Rebar used in construction is at cheaper levels like back in 2017. Hot-rolled coil is at its lowest in four years, it is used in car and home appliances. The producers who endure higher costs are making a loss on every ton produced of steel, as per the report

Genting Singapore has posted earnings of $357 million for the 1HFY2024 ended June
Genting Singapore has posted earnings of $247.4 million for the 1QFY2024 ended March

So, what is genting Singapore earning for 2QFY2024? How Genting berhad profit will recorded from genting singapore in coming Q2?

Time is due for dividend and awesome Q result

accumulation done

Civil servant salary increase expected between 15 and 42.7% — Fahmi
https://themalaysianreserve.com/2024/08/07/civil-servant-salary-increase-expected-between-15-and-42-7-fahmi/

Civil servant is Lagenda main housing buyer group[p

EPS QoQ growth + dividend

under accumulation phase

Yup, WTS already consecutively day buying more myeg share in open market

bought back lagenda at 1.26-1.28

Zetrix ETF will soon listed in HK exchange, unlocking more value creation for myeg

Zetrix聯合創始人黃天順：香港有望成為全球第二大虛擬資產中心
https://www.youtube.com/watch?v=00IW976Fqhw

Very soon will recover above RM 1 ahead of Q result and dividend

Major shareholders WTS buying more myeg ahead of explosive Q result

Dividend is coming

So fast mushrooming Data center in Msia already creating surplus? More stiff competition among data center forward as more and more data center completing in next 1-2 year, numerous supply data center allowing digital business data user like myeg spoilt of choice to cherry pick best fee offer by numerous newly set up data center .... Awesome for myeg blockchain Ztrade busines, enjoying lower operational costs, boosts up profit margin

Q1: Is data centre benefited MYEG’s blockchain business in coming years?

A1: Data centers serve as the critical physical infrastructure that underpins the operations of digital businesses. This necessity extends to MYEG's blockchain business, where reliable data storage and processing are essential for smooth functioning.

A surplus of data centers in Malaysia could translate into lower operational costs for MYEG's blockchain business. Increased competition among data center providers could drive down service fees, creating a cost-effective environment for MYEG

Q1 Initial Zetrix token has been issued at USDT 5 per token; now that there is a market price (which is higher than USDT 5), henceforth, will subsequent issuance of Zetrix token still be at USDT 5 or the market price?
- Khoo Kim Hong

A1: Following the listing of Zetrix tokens on several exchanges in October 2023, subsequent sales of Zetrix tokens are undertaken at prevailing market prices

Remark: Myeg 95% own Zetrix coin trading at USD 17.2, up 244% since IPO last year Oct.

Q1. What is the total effective holding percentage MYEG has on Zetrix blockchain Web3 system (56%?)

A1: MYEG holds an approximately 95% effective ownership interest in Zetrix Layer -1. However, the company intends to divest some of this ownership to strategic investors to enhance the value proposition of the platform.

Q2: Based on Zetrix coin, maximum supply of coin is 2.11bil coin while in circulation is 155mil coin. Is the circulation 155mil mean coin issue in the market and max supply mean total coin that can be issued? - Joseph Lam Wai

A2: As per the answer provided above, a total of 1 billion coins have been minted, of which to date approximately 1% have been sold.

Both final dividend for FY2023 and interim dividend for FY2024 will be declared within these month.

Myeg should be safe haven in time of market turbulence in view of its concession businesses model in Msia and growth in web3 blockchain ztrade for cross border internationally

Myeg business command most higher profit margin above 70%

Myeg business have both stable concessions base in Msia and new growth in global zetrade blockchain.

In additional, myeg also due to delcare dividend soon

https://www.thestar.com.my/business/business-news/2024/08/01/malaysia-ranks-among-top-10-crypto-friendly-destinations---gobind

sold pohkong at 1.22

added all balance to myeg at 96sen

Good news for zetrix, 95% own by myeg, more zetrix token created by blockchain is in high demand, can speed up sale more zetrix token to
Unleash myeg cash hoard forward

Malaysia ranks among top 10 crypto-friendly destinations - Gobind

KUALA LUMPUR: Malaysia has emerged as one of the top 10 crypto-friendly destinations for digital nomads and companies, said Digital Minister Gobind Singh Deo....

Gobind also noted that the Securities Commission of Malaysia has introduced guidelines to regulate digital asset exchanges under the Recognised Market Operator (RMO) framework.

The guidelines ensure that Malaysians can access and trade tokens created by blockchain technology legally in a safe and compliant environment.

"As a result, more than 840,000 Malaysians have opened an account with regulated digital asset exchanges (DAX) to-date, making up over 72 per cent of the investor segment," he said. - Reuters

In the AGM, MYEG clarify it holds an approximately 95% effective ownership interest in Zetrix Layer -1. instead of previously 56%. Zetrix have 1 billion minted zetrix coin and Myeg already sold 1 % and still retain 94%. However, the company intends to divest some of this ownership to strategic investors to enhance the value proposition of the platform, likely through upcoming ETF to be launched in HK exchange soon.

file:///C:/Users/Ng%20Chai%20Heng/Downloads/MYEG%2023rd%20AGM%20Minutes.pdf

Q1. What is the total effective holding
percentage MYEG has on Zetrix
blockchain Web3 system (56%?)

A1: MYEG holds an approximately 95%
effective ownership interest in Zetrix Layer -1. However, the company intends to divest
some of this ownership to strategic investors
to enhance the value proposition of the
platform.

Q2: Based on Zetrix coin, maximum supply
of coin is 2.11bil coin while in circulation
is 155mil coin. Is the circulation 155mil
mean coin issue in the market and max
supply mean total coin that can be
issued? - Joseph Lam Wai

A2: As per the answer provided above, a total of
1 billion coins have been minted, of which to
date approximately 1% have been sold.

Concentrate capital, accumulated myeg at 99.5sen

bought back myeg at 99.5sen

today sold out all HDD stock due to Western digital result.....sold out jcy at 68.5sen

today sold out all HDD stock due to Western digital result.....sold out dufu at 2.30-2.32

today sold out all HDD stock due to Western digital result.....sold out notion at 2.15-2.20

sold first at 70.5sen

Sold all balance at 1.98

Sold all balance at 1.98

Today is LAST chance to buy on weakness, time to REBOUND

bought cape at 65.5sen

sold tomei at 1.96

AMD, like rival Nvidia, is riding the AI hype train, which is powering sales of its data center graphics processing units (GPUs) and central processing units (CPUs). For the quarter, AMD reported adjusted earnings per share (EPS) of $0.69 and revenue of $5.8 billion. Wall Street was anticipating adjusted EPS of $0.68 on revenue of $5.7 billion, according to consensus estimates by Bloomberg. AMD reported adjusted EPS of $0.58 on revenue of $5.4 billion during the period in 2023.

"Our AI business continued accelerating and we are well positioned to deliver strong revenue growth in the second half of the year led by demand for Instinct, EPYC and Ryzen processors," AMD CEO Lisa Su said in a statement.

"The rapid advances in generative AI are driving demand for more compute in every market, creating significant growth opportunities as we deliver leadership AI solutions across our business.”

AMD's Data Center revenue, which includes sales of AMD's GPUs and CPUs, topped out at $2.8 billion, beating expectations of $2.75 billion. That's a 115% jump versus the same quarter last year, when AMD reported Data Center revenue of $1.3 billion.

Shares of AMD rose as much as 5% following the report, while shares of rival Nvidia (NVDA) jumped 3%. Shares of Intel (INTC) were flat.