MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.885

Today's Change

-0.005 (0.56%)

Day's Change

0.87 - 0.90

Trading Volume

33,030,000


67 people like this.

66,652 comment(s). Last comment by hng33 11 hours ago

ElongMask

23 posts

Posted by ElongMask > 2021-02-04 18:04 | Report Abuse

GST coming back!!!

Louis7777

171 posts

Posted by Louis7777 > 2021-02-04 18:06 | Report Abuse

the reason i hold myeg, byk cari lobang punya company. well done and more lobang coming soon

Lele

523 posts

Posted by Lele > 2021-02-04 19:25 | Report Abuse

(八打灵再也4日讯)MYEG服务公司计划在大马推行“家庭式采集唾液样本”的冠病检测服务,目前等待有关监管机构批准,以被允许采用类似的冠病测试方式。

该公司今日发文告指出,这种采集唾液样本的冠病检测服务,是以安全及非侵入性检测的方式加速筛检工作,协助政府对抗疫情。

文告说,唾液试剂盒是由拥有执照的医疗专业人员在家里或是工作地点的现场收集唾液样本,接着将样本送到合作伙伴的实验室进行处理,并在1至2个工作日内提供测试结果。

文告说,MYEG服务公司将会于本月在菲律宾首次推出采集唾液样本的冠病检测服务。

“有关试剂盒已经得到菲律宾食品和药物管理局的批准,并在新加坡和印尼获得批准。在这之前,英国、南非及巴西也曾采用类似的测试方式,以检测冠病。”

文告表示,该试剂盒也获得美国食品和药物管理局(FDA)的紧急使用授权,如美国零售巨头Costco之类的公司亦率先使用这种采用唾液样本的冠病检测。

文告指出,作为该试剂盒的独家经销商,MYEG将通过其合资企业即I-Pay MYEG Philippines Inc.与IP Biotech Inc.公司合作提供该项服务,有关公司也是菲律宾疫苗和医疗设备的特许进口商。

文告说,至于作为菲律宾最大疫苗接种诊所链之一,家庭疫苗和专科诊所有限公司将会提供优质的医疗保健服务。

文告表示,MYEG服务公司所采用的新方式不但使到检测变得更加容易,而且通过减少密切接触的需要,确保人民和前线医护人员可以舒适地在家中采集样本进行冠病检测,也能获得足够的保护。

“这项方式的效率更高、侵入性更小,且不影响检测结果的准确度,从而让更多人能够接受冠病测试,在对抗疫情中也发挥了更大的作用,有助于遏制冠病的传播。”

Posted by Coconut360 > 2021-02-04 20:33 | Report Abuse

Genuine MYEG investors please

victory015

341 posts

Posted by victory015 > 2021-02-04 21:02 |

Post removed.Why?

Lele

523 posts

Posted by Lele > 2021-02-04 21:30 | Report Abuse

KUALA LUMPUR (Feb 4): My EG Services Bhd (MyEG) announced today that it will introduce an at-home saliva-based Covid-19 testing service in the Philippines this month to help the country's fight against the ongoing Covid-19 pandemic.

In a bourse filing, the company called the Covid-19 test a safe, fast, convenient and non-invasive method that can greatly enhance accurate detection and subsequent early intervention.

"As the exclusive distributor of the kit, MyEG will be making the service — the first of its kind in the Philippines market — available through its joint venture I-Pay MYEG Philippines Inc, in collaboration with IP Biotech, Inc, a licensed importer of vaccines, and medical devices in the Philippines, and Family Vaccine and Specialty Clinics, Inc, one of the largest chains of vaccination clinics in the country that delivers quality healthcare services to Filipinos," said MyEG.

It said the diagnostic kit enables on-site collection of saliva samples at home or at workplace by licensed medical professionals. The samples will then be sent to partner laboratories for processing, with test results delivered within one to two working days.

According to MyEG, the saliva-based kit — which has received the approval of the Food and Drug Administration of the Philippines and has also been approved in Singapore and Indonesia — can also detect the new strains of Covid-19 (SARS-CoV-2) that have been reported in the United Kingdom, South Africa, and Brazil.

"Meanwhile, similar kits have also been granted emergency use authorisation from the Food and Drug Administration in the United States, where the likes of retail giant Costco are pioneering the use of such at-home, mail-in Covid-19 tests.

"MyEG is introducing this game-changing approach, which is more efficient and far less invasive than conventional methods without compromising on accuracy, to enable more people to be tested, thus providing a timely and much-needed boost in the fight against the spread of Covid-19 that has seen available healthcare resources worldwide being increasingly stretched to their limits," it added.

This new approach will not only make Covid-19 testing much more accessible, but will also ensure better protection for people and front line healthcare providers by reducing the need for close contacts since samples can be collected at home or workplace, the group noted.

Apart from the Philippines, MyEG also plans to deploy a similar approach to testing in Malaysia, pending approval from the relevant regulators for the use of the test kit.

"Making such a hassle-free approach to testing available to the Malaysian public would be very much in line with the convenient, doorstep delivery of a myriad government and ancillary services that MyEG is already known for. Furthermore, this effort can help ease the pressure on the country's front line workers who have been working tirelessly in the past year," it said.

In the wake of the outbreak of the Covid-19 virus, the group said it has leveraged its strengths and expertise as a leading digital services provider in the region to embark on a number of significant initiatives, guided by an overarching vision to provide a holistic solution to help in the fight against Covid-19.

"These initiatives include, among others, a cooperation with Anhui Zhifei Longcom Biopharmaceutical Co, Ltd to conduct Phase 3 trials, obtain Halal certification and distribute Chinese company's vaccine in Malaysia, the provision of MySafeTravel, a digital health pass system to facilitate inbound travellers' adherence to mandatory Covid-19 testing and quarantine requirements as well as the provision of a one-stop portal for the screening of workers in the country," it added.

At the noon break, shares of MyEG were eight sen or 4.32% higher at RM1.93, with some 9.95 million shares done. This values the group at RM7.09 billion.

emo

55 posts

Posted by emo > 2021-02-04 21:38 | Report Abuse

KUMPULAN WANG PERSARAAN Acquired MYEG 326,100 shares

Kengor

184 posts

Posted by Kengor > 2021-02-04 22:18 | Report Abuse

myeg management is really genius keep exploring opportunities

Posted by blackleopard > 2021-02-04 22:53 | Report Abuse

where is the guy named himself monkey...disappeared????...kikiki

williamtkb

3,216 posts

Posted by williamtkb > 2021-02-04 23:01 | Report Abuse

So many good news. Tomorrow can sell half for CNY angpao first

nokia8250

352 posts

Posted by nokia8250 > 2021-02-05 02:47 |

Post removed.Why?

Lele

523 posts

Posted by Lele > 2021-02-05 11:50 | Report Abuse

中午過後,再來一個好休息,不漲都難。

1) Q4 2020 的業績報告要出來了。
2) 這個月尾,全馬國的外勞一定要冠病測試。
3) 馬國政府隨時隨地會批准上門冠病測試的服務。
4) 用中國的疫苗接種。

Mabel

23,558 posts

Posted by Mabel > 2021-02-05 14:07 | Report Abuse

My EG Services Bhd (MyEG) will introduce an at-home saliva-based Covid-19 testing service in the Philippines this month — the first of its kind in the Philippines market. The Covid-19 test is a safe, fast, convenient and non-invasive method that can greatly enhance accurate detection and subsequent early intervention.

Meow

Posted by onthewaytoforbes > 2021-02-05 14:16 | Report Abuse

Seem like this time will able to stay above RM2+ until coming QR

smurfbee

1,439 posts

Posted by smurfbee > 2021-02-05 14:20 | Report Abuse

upon QR, it will rise to above $2.5

Posted by pekanwoohoo > 2021-02-05 14:50 | Report Abuse

Lat day to get 2.00 tickets. :)

Posted by chuankhoo > 2021-02-05 15:32 | Report Abuse

2.05 big block..... GO GO GO

Posted by Dingdongbell > 2021-02-05 17:06 | Report Abuse

Hoping next week rm2.50

maf1964

466 posts

Posted by maf1964 > 2021-02-05 20:21 | Report Abuse

can anyone plse tell mewhen is the next QR ?

Pyh96

603 posts

Posted by Pyh96 > 2021-02-05 21:26 | Report Abuse

End of feb lo

Posted by blackleopard > 2021-02-05 22:10 | Report Abuse

where is the guy name himself monkey foolish...kikiki

Posted by onthewaytoforbes > 2021-02-05 23:38 | Report Abuse

i checked the estimate date to release QR is 27th Feb. so should be around that date. not sure will sell when QR released or not.

Lele

523 posts

Posted by Lele > 2021-02-06 09:22 | Report Abuse

KUALA LUMPUR: The Institute of Medical Research (IMR) is currently evaluating the use of 'deep throat saliva' as a specimen for detection of SARS-CoV-2, the virus that causes Covid-19.

Dr Ravindran Thayan, head of the Virology Unit in the Infectious Diseases Research Centre, said IMR has evaluated saliva (early morning saliva) and deep throat saliva as an alternative sample for Covid-19 testing using RT-PCR Platform.

He said results indicated that those samples were equally as good as nasopharyngeal swabs (NPS) for testing Covid-19.

"These are important findings to enable the use of deep throat saliva instead of NPS and OPS (oropharyngeal swab).

"There will be reduced use of PPE (Personal protective equipment) and subjects can self-collect deep throat saliva.

"Currently, IMR is evaluating the use of the RTK Antigen to test using deep throat saliva," he said during a Covid-19 Emergency period engagement session organised by the Health Ministry with the media today.

Health director-general Tan Sri Dr Noor Hisham Abdullah, meanwhile, said health personnel must be trained to take the samples.

"It is only a sample detecting method. The tests (for Covid-19) remains the same, which is RT-PCR (reverse transcription-polymerase chain reaction) or RTK-Ag (Antigen Rapid Test Kits)."

Meanwhile, Dr Hani Mat Hussin, the National Public Health Laboratory (MKAK) director, said the Health Ministry has conducted a total of 6,336,804 Covid-19 tests from Jan 1, 2020, to Feb 3, 2021.

"Of that, 4,477,839 were RT-PCR tests and the remaining 1,858,965 tests were RTK-Ag."

HLTGang

636 posts

Posted by HLTGang > 2021-02-06 18:41 | Report Abuse

zhifei vaccine going to test in Malaysia soon....
the only halal vaccine buy before fly to Rm2.50 after CNY....

Aero1

1,440 posts

Posted by Aero1 > 2021-02-08 08:56 | Report Abuse

Everyone can do study and share on its China investment in Ximmers, Jingla and the latest DeepScience? Very interesting and promising technology fields.

Aero1

1,440 posts

Posted by Aero1 > 2021-02-08 08:57 | Report Abuse

Doing business with China is the way forward.

Aero1

1,440 posts

Posted by Aero1 > 2021-02-08 09:00 | Report Abuse

Unique and strategic investments in Stampede Solution, Agmostudio and fashionvalet all forward looking ventures.

youadog

4 posts

Posted by youadog > 2021-02-08 11:30 | Report Abuse

any telegram groups for MYEG?

Posted by Uptrend88 > 2021-02-08 12:06 | Report Abuse

power up myeg

Lele

523 posts

Posted by Lele > 2021-02-08 16:26 | Report Abuse

IRIS Corp Bhd has snagged the much sought after contract for the RM1.16 billion National Integrated Immigration System (NIIS).

The contract, which has a tenure of 4½ years or 54 months, is likely to be a game changer for the company.

In a brief conversation with The Edge, CEO Shaiful Subhan clarified earlier speculation that the contract would be awarded to a consortium.

“It (the award) is just to us, Iris, but of course, we will have subcontractors and we are open to partnerships,” he says.

Shaiful was tight-lipped on the contract’s impact on Iris’ bottom line, saying only that, “It’s decent, we are still working on it”. Market talk, however, has it that the contract will mean margins of at least double digits for the company.

When asked about the possibility of Iris undertaking the maintenance of the NIIS as well, which could nudge up the overall value of the award, Shaiful says, “It’s too early to talk about it; we just got the contract. It (maintenance) is dependent on deliverables. We have to deliver on the contract.”

However, considering that the contract entails testing, designing, developing, supplying, delivery, assembly, integration, data migration and integrating the entire system, it is likely that Iris will end up doing the maintenance of the NIIS as well. Margins for maintenance contracts can go as high as 15% of the contract value a year, but without more details, it is difficult to pinpoint the quantum.

In addition, variation orders could increase the contract value, but this is conjecture at press time.

When asked if Iris would seek out similar contracts in some of the other countries the company is operating in, Shaiful’s reply is “of course”. Iris has implemented immigration, identification and passport systems in 34 countries across the globe. It was the pioneer in its field, having come up with the ePassport in 1998.

Shaiful says Iris is in talks with the Malaysian government over other contracts but declines to comment further as the talks are confidential.

The award of NIIS to Iris quashes initial speculation that the contract would be shared among several companies in a consortium.

Towards the end of last year, market talk had it that the NIIS pie would be split between Iris and MyEg Services Bhd, and possibly even politically well-connected S5 Systems Sdn Bhd, a unit of S5 Holdings Inc, which is undertaking a reverse takeover of Ancom Logistics Bhd.

Other than MyEG, some of the other companies Iris pipped include Scicom (MSC) Bhd and Dagang Nexchange Bhd. HeiTech Padu Bhd, developer of the incumbent Malaysian Immigration System or myIMMS — first used in 1993 — was another bidder.

Interestingly enough, MyEG has acquired a 10% stake in S5 Holdings.

The NIIS contract was scheduled to be awarded last August but was delayed several times. Under the former Barisan Nasional government, Sistem Kawalan Imigresen Nasional or SKIN, the forerunner of NIIS, was undertaken and it was valued at RM3.5 billion. SKIN was proposed by Prestariang Bhd, now known as Awanbiru Technology Bhd.

However, the Pakatan Harapan government scrapped the SKIN project in December 2019, and sought an open tender to award the NIIS contract, to cut costs. At RM1.3 billion, NIIS is more than 60% cheaper than SKIN.

SKIN was slated to replace MyIMMs, which has received flak for some time. The Auditor General’s report in 2015 said the system was “not up to mark”. In 2018, it noted there were no records of 214,398 foreigners exiting Malaysia since mid-April that year. Also, MyIMMs experienced 4,489 breakdowns from 2016 to 2018.

Meanwhile, the NIIS is likely to be a boon for Iris.

For the six months ended September last year, Iris suffered a net loss of RM5.21 million from RM46.36 million in revenue. For the corresponding period a year ago, the company chalked up a net profit of RM19.4 million from 144.71 million in revenue.

Iris attributed the dip in revenue and losses for the first six months of 2020 to lower deliveries of e-passports and cards in the current year compared to 2019.

As at end-September last year, Iris had cash and bank balances of RM71.27 million, with RM25 million in both short-and long-term borrowings. Accumulated losses amounted to RM291.28 million.

Nevertheless, things have been picking up for the company.

Last September, it secured a US$27.54 million (RM110.8 million) contract in India for 15 million e-passports. In November 2019, the company forged a partnership with Metropolitan Office Pte Ltd in Sri Lanka to collaborate and explore business opportunities in e-passport, automated border control and attendance management solutions in the country.

Iris is led by president and managing director Datuk Paul Poh Yang Hong and Shaiful, who have been at the helm of the company since July and October 2017 respectively.

Yang Hong’s father Dr Poh Soon Sim is a substantial shareholder of Iris with 12.65% equity interest. Other substantial shareholders include Datuk Seri Robin Tan Yeong Chi

HLTGang

636 posts

Posted by HLTGang > 2021-02-08 20:58 | Report Abuse

myeg going to get the contract for vaccine visa or passport project......buy....

HLTGang

636 posts

Posted by HLTGang > 2021-02-08 21:01 | Report Abuse

vaccine visa ......new project..woooo...myeg first choice

Posted by Coconut360 > 2021-02-09 04:48 | Report Abuse

Where did you see that? Lol

Ivan89

1,479 posts

Posted by Ivan89 > 2021-02-09 08:45 | Report Abuse

Myeg will be the subcon of iris for iis?

wehcant

1,259 posts

Posted by wehcant > 2021-02-09 10:15 | Report Abuse

IRIS+S5 = NIIS. MYEGG (our eggs also) has stakes in S5. Will benefit indirectly.

Posted by opportunity > 2021-02-09 10:21 | Report Abuse

myeg dont need niis anymore.. so many other opporunities.

Citadel00

633 posts

Posted by Citadel00 > 2021-02-09 10:23 | Report Abuse

myeg strong no need niis

wehcant

1,259 posts

Posted by wehcant > 2021-02-09 10:29 | Report Abuse

Today eating telur separuh masak for breakfast. Telur rebus coming soon. Telur goreng kemudian. Ah Wong will take the lead.

tean2020

218 posts

Posted by tean2020 > 2021-02-09 10:45 | Report Abuse

anyone has myeg telegram group link?

smurfbee

1,439 posts

Posted by smurfbee > 2021-02-09 11:06 | Report Abuse

the coming Qreport will blow off many.... the business expansion and cash flow growth is going to be fantastic....cheers....

Dylan88

1 posts

Posted by Dylan88 > 2021-02-09 11:41 | Report Abuse

Telegram link go see my profile, cheers bro & sis !!!

frankml

135 posts

Posted by frankml > 2021-02-09 14:55 | Report Abuse

@Coconut360, thanks for sharing the links. Very useful.

gohkimhock

3,045 posts

Posted by gohkimhock > 2021-02-09 17:11 | Report Abuse

I could see this company is growing tremendously..

Posted by ikanbilisjerungwnabe > 2021-02-09 18:46 | Report Abuse

price push up for upcoming QR.. once QR release.. flush down.. sell on news.. who late sell wll burn

Stacker

34 posts

Posted by Stacker > 2021-02-09 19:47 | Report Abuse

Myeg really keep finding opportunities

Zuliana

5,395 posts

Posted by Zuliana > 2021-02-09 19:59 | Report Abuse

Sifu s why shoot up? Thanks

gohkimhock

3,045 posts

Posted by gohkimhock > 2021-02-09 20:52 | Report Abuse

I really like the at-home saliva-based Covid-19 testing service. Hope it will reach Malaysia next after Philippines.

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