Posted by Jack Sparrow > 2020-07-07 19:29 | Report Abuse

Type Announcement
Subject OTHERS
Description MY E.G. Services Berhad ("MYEG" or "the Company")
- Eligibility of the final dividend of 2.0 sen per ordinary share in respect of the financial period ended 31 December 2019 in relation to the Proposed Dividend Reinvestment Plan
We refer to the announcement dated 27 February 2020 in relation to the proposed final dividend of 2.0 sen per ordinary share in respect of the financial period ended 31 December 2019 (“Proposed Final Dividend”) and the announcements dated 1 June 2020, 2 June 2020, 12 June 2020 and 29 June 2020 on the Proposed Dividend Reinvestment Plan (“Proposed DRP”).



The Board of Directors of the Company wishes to announce that subject to the approval of the shareholders on the Proposed Final Dividend and Proposed DRP at the forthcoming general meetings, the Proposed Final Dividend may be eligible for the Proposed DRP.


This announcement is dated 7 July 2020.

Posted by Jack Sparrow > 2020-07-07 19:31 | Report Abuse

-A+A
PUTRAJAYA (July 7): The Court of Appeal is set to hear the merits of MyEG Services Bhd’s (MyEG) appeal against a High Court decision upholding the Malaysia Competition Commission’s (MyCC) action of imposing a RM9.34 million penalty on the e-government services provider for abusing its dominant position.

This follows the decision today by a three-member bench of the Court of Appeal not to grant leave to MyEG to introduce purported fresh evidence that was not adduced in the High Court.

The panel was led by Datuk Rohana Yusuf, and included Datuk Seri Azahar Mohamed and Datuk Zabariah Mohd Yusof.

In dismissing MyEG’s leave application, the judges ordered the company to pay RM20,000 in costs to MyCC.

MyEG’s substantive appeal against the RM9.34 million penalty is set for a hearing on Aug 13 where both MyEG and MyCC will submit their arguments to the judges.

Last year, the High Court upheld the penalty imposed by MyCC, ruling that MyEG was a monopoly and action should be taken against the company.

The RM9.34 million penalty comprises a financial penalty of RM307,200 and daily penalties from Oct 7, 2015 to Jan 22, 2019 amounting to RM9.34 million.

It was reported that MyEG had paid RM6.4 million of the total amount owed to MyCC.

MyEG said with the acceptance by MyCC, it had fully complied with the decisions made earlier by the commission and the Competition Appeal Tribunal.

Lawyer Datuk Lim Chee Wee acted for MyCC today, while Jack Yow appeared for MyEG.

Posted by smkts123 > 2020-07-07 19:51 | Report Abuse

13 August 2020 MyEg submit argument to the judge

Posted by EDINVESTOR > 2020-07-07 19:52 | Report Abuse

Why argues everyday? Sell la. Below 1.40 soon.

Posted by Zuliana > 2020-07-07 20:01 | Report Abuse

CDMB.

Posted by Mk Jr > 2020-07-07 20:45 | Report Abuse

emperorfund really no brain. 500mil. EPF 200mil also diam2 only. open eyes talk kok

Posted by Higher > 2020-07-07 21:13 | Report Abuse

Only 15% share of myeg is available for retail investor in market leh the other 85% all declared to bursa already, less than 500 million unit leh bro

Posted by lexxi012 > 2020-07-07 22:56 | Report Abuse

Profit taking on last Friday, now thinking of buying again.

Posted by ikenduit > 2020-07-07 23:11 | Report Abuse

If really only 15% shares float in market, price change not so volatile unless moves by operator. And sour grape wasting time talk kok here. Just ignore them.

Posted by lee9fold > 2020-07-08 00:32 | Report Abuse

very entertaining once again from emperor fund and his fellow jokers

Posted by Zuliana > 2020-07-08 06:07 | Report Abuse

CDMB

Posted by ASB79 > 2020-07-08 07:26 | Report Abuse

@Zuliana: What’s CDMB?

Posted by EmperorFund > 2020-07-08 08:31 | Report Abuse

As per my sources, Big Funds Movement:

*Target disposal = 200 million units*

Actual Disposed (As at Previous Working Day) =
50 million units

Posted by TtreeInvestor > 2020-07-08 08:40 | Report Abuse

S5 System acquisition completed 7 July 2020. Lets see what will happen next.

Posted by CalmAndWise > 2020-07-08 08:55 | Report Abuse

So, today up or down?

Posted by CalmAndWise > 2020-07-08 08:56 | Report Abuse

Tq ikenduit..

Posted by Rich_healthy > 2020-07-08 08:57 | Report Abuse

Today up.

Posted by CalmAndWise > 2020-07-08 08:58 | Report Abuse

TQ Rich_healthy..

Posted by TtreeInvestor > 2020-07-08 09:00 | Report Abuse

1.60 go go

Posted by EmperorFund > 2020-07-08 09:04 | Report Abuse

Low volume...Big Funds will fire when buying power moves up.

My sources said the TP is still RM 0.90 - RM 1.10

Posted by TtreeInvestor > 2020-07-08 09:19 | Report Abuse

Go go to Station 1.55 first, then next station 1.60

Posted by TtreeInvestor > 2020-07-08 09:22 | Report Abuse

See whether is KTM or HSR only

Posted by CalmAndWise > 2020-07-08 09:27 | Report Abuse

Mr Wong bot 1m yesterday.. He will lower the $, for his next purchase..
Or He will raise the $, if he wants to sell his treasury shares (at least 10m,i think)..
So i am out of the bus at the moment.. oso have to go hospital..

Posted by TtreeInvestor > 2020-07-08 09:36 | Report Abuse

"Good morning to our Passengers, now we are on the way to Station 1.60. Our train attendants will serve you NISS VIP Meal after this and please be patience. Enjoy your trip"

Posted by CalmAndWise > 2020-07-08 09:37 | Report Abuse

Mr Wong lost his appeal yesterday, so today i think he will lower the $ to buy another 1m..
Btw 3m is like 5sen to him, i think..

Posted by CalmAndWise > 2020-07-08 09:39 | Report Abuse

Oso I cud be wrong.. wat is certain is i have been wonged so many times..

Posted by UseBrainS > 2020-07-08 09:50 | Report Abuse

@calmandwise another fellow who didnt read the news properly then comment here. They didnt lose their appeal until Aug. It just failed to bring in fresh evidence to the appellate court. Please la guys, do your study before commenting. If yiu want to buy a stock. Please make sure you study the fundamentals and also news surrounded it. Dont just make simple comment which make you looks like a child!

Posted by TtreeInvestor > 2020-07-08 09:53 | Report Abuse

Now is a surpress of share price before let it jump. You can observe previous few major annoucenment pattern. They only kick in the power last mins

Posted by UseBrainS > 2020-07-08 09:58 | Report Abuse

We cant predict the movement of the stock as we all are just tiny shareholders unlike those Big Funds like what EF said. What we can do is to do our research properly before buying in any stock.

Posted by CalmAndWise > 2020-07-08 10:13 | Report Abuse

UseBrainS = Sorry, u r right..

Posted by document1 > 2020-07-08 10:39 | Report Abuse

UseBrainS , Truly

Posted by daddy999 > 2020-07-08 11:09 | Report Abuse

nobody wan to sell their shares anymore,big players is in difficulty of collecting

Posted by Iamthewinner > 2020-07-08 11:26 | Report Abuse

will reach 1.60 soon, maybe this or next week

Posted by Iamthewinner > 2020-07-08 11:26 | Report Abuse

who want sell, faster sell it

Posted by Iamthewinner > 2020-07-08 11:26 | Report Abuse

let those clever person collect it, tq

Posted by Lychien20 > 2020-07-08 11:57 | Report Abuse

EmperorFund why so worry, die together with EPF and PN only

Posted by Bluemoon20 > 2020-07-08 12:25 | Report Abuse

@EmperorFund, i think no one here appreciate or want to see your post. Indeed your post are ignorant. Can you just be quiet?

Posted by Rich_healthy > 2020-07-08 12:43 | Report Abuse

EmperorFund, I am wondering how do your sources know the movement of the "big funds". Are they closely monitor each and every transaction on MYEG shares? When they saw 1000 lots sell or buy then they classify it as big finds transaction?

Posted by Rich_healthy > 2020-07-08 12:45 | Report Abuse

EmperorFund, your sources saw 10 transactions with 1000 lots (= 1 million units) this morning?

Posted by Rich_healthy > 2020-07-08 12:47 | Report Abuse

Maybe your sources assuming the volumes disposed by your so called big funds based on the time which the transactions are filled.

Posted by EmperorFund > 2020-07-08 12:49 | Report Abuse

As per my sources, Big Funds Movement:

*Target disposal = 200 million units*

Actual Disposed (As at Previous Working Date) = 50 million units

Disposed today (will be updated throughout the day) = 1 million units

Posted by air01557 > 2020-07-08 12:49 | Report Abuse

Patience will pay

Posted by EmperorFund > 2020-07-08 12:54 | Report Abuse

Pay with cash or tears?

Posted by Rich_healthy > 2020-07-08 13:03 | Report Abuse

Of course cash.

Posted by Rich_healthy > 2020-07-08 13:04 | Report Abuse

Tears keep it for you, EmperorFund.

Posted by nokia8250 > 2020-07-08 13:14 | Report Abuse

There is ZERO reason or anyone to keep sharing the same shit about one counter is going to fall consistently for days, weeks and months. No reason. Even if it's to supposedly safe all of us.

There are only three possibilities :
1. They have ulterior motives
2. They have FOMO syndrome hence, since they cannot afford to buy anymore, the only way is to hope no one else profit from it if it goes up.
3. They have mental issues.

Posted by Hotstuff > 2020-07-08 13:28 | Report Abuse

another confirmed services by SOCSO

Posted by Hotstuff > 2020-07-08 13:29 | Report Abuse

more to come... just ignore the court case and expect more contracts from the government

Posted by HNWInvestor > 2020-07-08 13:52 | Report Abuse

Reference is made to the Company’s announcements on 12 May 2020 and 13 May 2020 (“the Announcements”) in relation to the launch of a one-stop portal for COVID-19 screening.

As stated in the Announcements, the one-stop portal for employers to register and arrange on-site COVID-19 screening for workers is a private initiative by the Company.

The Board of Directors of the Company (“the Board”) wishes to inform that subsequent to the Announcements, the Company had since embarked on an initiative with Social Security Organisation (“SOCSO”) to validate the employers’ and employees' eligibility for SOCSO’s Prihatin Screening Programme (“PSP”) subsidy.

This initiative with SOCSO enables the process of eligibility screening and subsidy claims under the PSP to be carried out through MYEG’s one-stop portal in a more seamless and efficient manner.

The Board wishes to inform that the initiative has been completed and the Company has received a letter dated 2 July 2020 from SOCSO confirming the same.

Should there be any further material developments on the above matter, the Board will release the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad.

This announcement is dated 8 July 2020.

Posted by Rich_healthy > 2020-07-08 13:58 | Report Abuse

Good news good news... Clap clap clap