MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

1.00

Today's Change

-0.05 (4.76%)

Day's Change

0.995 - 1.05

Trading Volume

116,784,900


67 people like this.

66,597 comment(s). Last comment by laulau 4 hours ago

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

正式推介 Ztrade,来了来了 ~ ~

pang72

49,431 posts

Posted by pang72 > 1 month ago | Report Abuse

China Premier visits from 13 to 20 to 3 countries..
Not sure which day in malaysia..
By the way, just prepare for more news on Ztrade officially launching..

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

https://medium.com/@zetrix.official/take-a-look-at-zetrix-h1-2024-milestones-b8d829eb1db2

Take a Look at Zetrix H1 2024 Milestones

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

国际时报 International Times

#中国总理李强18日访马

中国国务院总理李强将于6月13日至20日,对纽西兰、澳洲和马来西亚进行正式访问。
中国外交部发言人林剑宣布,应纽西兰总理拉克森、澳洲总理阿尔巴尼斯和马来西亚首相拿督斯里安华邀请,中国国务院总理李强将对三国进行访问。

李强将于本月18日开始对马来西亚进行3天的正式访问。李强今次访马,正值马中建交50周年。
林剑表示,中国和马来西亚是隔海相望的传统友好邻邦。

“建交半个世纪以来,中马关系一直保持良好发展势头,战略互信不断深化,高质量共建“一带一路”成果丰硕,人文交流日益密切。”

林剑说,中马同为亚洲发展中国家和新兴经济体,积极倡导和平、合作、包容、融合的亚洲价值观,为区域和平繁荣稳定做出了重要贡献。

李强在马期间,将与首相安华出席中马建交50周年庆祝活动。他也将拜会国家元首苏丹依布拉欣,同时与首相拿督斯里安华举行会议。

林剑表示,中方期待以此访为契机,同马方弘扬传统友谊,深化拓展各领域合作,推动中马命运共同体建设走深走实,携手开创中马关系更加辉煌的下一个50年。

与此同时,澳洲政府早前发文告透露,李强将在15日抵达澳洲,开展4天的访问行程。
李强此行正值中澳关系逐渐改善,此前中国解除了对澳洲煤炭、木材、大麦和葡萄所实施的出口限制措施。

另外,纽西兰总理拉克森10日也宣布,李强将在本周晚些时候到访纽西兰。今年正值中国与纽西兰建立全面战略伙伴关系10周年。这也是2017年时任中国总理李克强访问纽西兰后,再有中国总理到访。

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

18-6-2024, 3 天。

Tenka226

111 posts

Posted by Tenka226 > 1 month ago | Report Abuse

Will China PM’s visit to Malaysia benefit MYEG?

kkl123

1,484 posts

Posted by kkl123 > 1 month ago | Report Abuse

PM LEE benefits bursa Malaysia
Include MYEG

kkl123

1,484 posts

Posted by kkl123 > 1 month ago | Report Abuse

XI BIG BIG
Visits Malaysia next year
Will push KLCI to 3000pts
MYEG. to Rm10

pang72

49,431 posts

Posted by pang72 > 1 month ago | Report Abuse

Wow! 18 Jun 24 myeg limit up OK?

keepup

108 posts

Posted by keepup > 1 month ago | Report Abuse

ai = agmo
agmo = myeg

ai = web 3.0
Web 3.0 = myeg

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

@keepup
Web 3.0 = MYEG = RM3.0 ;D

paktua73

18,215 posts

Posted by paktua73 > 1 month ago | Report Abuse

yes sailang paktua already exit from myeg today..
thanks myeg paktua really have nice journey with myeg ship..

now focus on
C-DC-2.0 swimg pick
1-jcy possible will hit rm1.00
2-Sns closer to break rm1
3-Jtgroup possible also hit rm1

paktua aiming before sept 24 all possible hit rm1

tut tut
thanks myeg
bye bye

Posted by CarolineTeoh > 1 month ago | Report Abuse

We will miss you, paktua. Wait you come goreng again 😁

pang72

49,431 posts

Posted by pang72 > 1 month ago | Report Abuse

Up 5 c liaoo

laulau

453 posts

Posted by laulau > 1 month ago | Report Abuse

Very strategic decision for those already taken profit. Rather than being stuck here incurring unnecessary Opportunity Cost. Free up your capital and make your money works by accumulating Kobay, Iris for Tech & DC play or even Engtex for Water & DC play on any weakness? After reaping good returns, you can't go wrong by coming back later like "Mr. Wong" or EPF?

Tenka226

111 posts

Posted by Tenka226 > 1 month ago | Report Abuse

start reversing. Opportunity to collect 😁

keepup

108 posts

Posted by keepup > 1 month ago | Report Abuse

wow. today non stop throw ticket

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

Wait for National Integrated Immigration System (NIISe) project to be award by end month to see any negative impact on share price later

https://theedgemalaysia.com/node/713107

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

Once implemented NIISe, all immigration-related affairs, including those now managed by outside parties, such as MyEG, would revert to the Immigration Department including passport renewals and visa applications, applications and renewals of foreign worker and maid permits would be handled by the department when it rolled out its National Integrated Immigration System. The impact is significant to myeg as Msia gov job still form 70% of myeg revenue. Myeg have grace period contract extension until 2026 before replace by NIISE

hng33

19,949 posts

Posted by hng33 > 1 month ago | Report Abuse

Myeg have mitigate these risk through investment in HTpadu, but if HTpadu indeed lose out, unsuccessful secure NIISE, then, it may impact myeg

Posted by maxlau1223 > 1 month ago | Report Abuse

HTpadu already out of race, left DNeX and Theta Edge

Jaycee89

267 posts

Posted by Jaycee89 > 1 month ago | Report Abuse

Hahahhahaha GG myeg

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

I looked at the YTL share price on 1-6-2023 and 20-6-2023, hoping that MYEG will follow the same pattern. . . .Buy Buy Buy ;D

Posted by cockcanfly > 1 month ago | Report Abuse

even big player gets caught up .......LOL

Posted by mikewazowski > 1 month ago | Report Abuse

Washed the ikan bilis out to panic sell. Then bought back huge amount at 1.06, scary the sharks game

bu4567

30 posts

Posted by bu4567 > 1 month ago | Report Abuse

Most are selling and could be turning to JCY

Dakewlest

1,752 posts

Posted by Dakewlest > 1 month ago | Report Abuse

Turun lepastu naik semula ke new 52-week high. 😀

calvintaneng

54,984 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Time to buy MYEG was 2014 (GST Theme)

Now is TNB & DC THEME

Blog: CATALYSTS: FOR STOCKS TO GO UP THERE MUST BE STRONG CATALYSTS: THE MORE POWERFUL THE CATALYSTS THE MORE POWERFUL THE UPSURGE!

https://klse.i3investor.com/web/forum/forum-thread/608930947

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

hng33
Once implemented NIISe, all immigration-related affairs, including those now managed by outside parties, such as MyEG, would revert to the Immigration Department including passport renewals and visa applications, applications and renewals of foreign worker and maid permits would be handled by the department when it rolled out its National Integrated Immigration System. The impact is significant to myeg as Msia gov job still form 70% of myeg revenue. Myeg have grace period contract extension until 2026 before replace by NIISE
14/06/2024 3:48 PM


Patutlah。

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

https://www.orientaldaily.com.my/news/nation/2024/06/18/659405

将与安华见证交换多项谅解备忘录 李强任总理后首次对我国正式访问

(吉隆坡18日讯)中国总理李强于6月18日至20日对马来西亚进行正式访问,他将与首相拿督斯里安华会晤,并见证交换多项谅解备忘录和协议,涉及多个领域。

根据外交部今日文告,访问期间,李强将与首相拿督斯里安华举行双边会晤,讨论双边事务,并就共同关心的地区和全球问题交换意见。

两国领导人还将见证交换多项谅解备忘录和协议,包括数码经济、绿色发展、旅游、房屋及地方发展、高等教育、科学技术以及向中国出口农产品等多个合作领域。

Income

10,599 posts

Posted by Income > 1 month ago | Report Abuse

All time is Rm 1.52 during Gst after that now Rm 1.14.
When to go back above Rm 1.15?
17/06/2024 7:09 PM

Income
This operator, U don't play play
17/06/2024 7:10 PM

Income
If u want to play here, u can play also. Mesti ada skill baru boleh play here.
17/06/2024 7:12 PM

Income
I see sharks threw 150 millions shares at one day.Don't cry,they are Shark s lah

Don’t Worry, Myeg will go up to Rm 1.52 this year 2024.

icst1975

166 posts

Posted by icst1975 > 1 month ago | Report Abuse

The NIISe contract, worth RM1.16 billion, was awarded to Iris IT Solutions (IITS) in January 2021 for a period of 54 months, starting from March 1, 2021, until August 31, 2025. However, as of March 2023, the project did not achieve adequate progress, leading to a one-year extension to 31 August 2026. Due to the lack of satisfactory project by IRIS, the NIISe contract with IRIS was terminated on 14 August 2023 by the Home Ministry with immediate effect on the same date. Base on the extended timeline to IRIS of August 2026, it would take 3 years to complete the project. Until today, the NIISe project had not been awarded to a new contractor.

icst1975

166 posts

Posted by icst1975 > 1 month ago | Report Abuse

Base on a minimum of 3 years needed to complete the NIISe project after project award to a new competent contractor (versus the 4.5 years project time given to IRIS,which failed to achieve anything), the earlist date for NIISe could be July 2027 but more likely to be in 2028.

icst1975

166 posts

Posted by icst1975 > 1 month ago | Report Abuse

The profit contribution from MYEG’s Zetrix blockchain platform, including Ztrack, has been significant. In the first quarter of FY24, MYEG’s normalized earnings jumped by 47.2% year-over-year to RM156.0 million, with Zetrix contributing approximately 30% of the earnings forecast.
Zetrix platform launched in China in 2023 has direct cross-border and cross-chain integration to China’s blockchain platform. This enables Zetrix to serve as a blockchain gateway that facilitates global trade, deploying critical building blocks for Web3 services with a total of 374,255 registered accounts since its launch.
MYEG Services has seen high growth in the Philippines. The first four months of 2024 witnessed a 101% increase in transactions compared to the same period in 2023, indicating sustained momentum and expansion of digital solutions acceptance among stakeholders. This growth is part of MYEG’s broader success, which includes a substantial increase in profits and revenue attributed to its blockchain business, including Zetrix.

Gokurek

48 posts

Posted by Gokurek > 1 month ago | Report Abuse

Zetrix > BTC

U1818

673 posts

Posted by U1818 > 1 month ago | Report Abuse

https://www.myeg.com.my/investor-relations/general-meetings

有什么问题要问 MYEG 管理层吗?下个星期二是 AGM,在 MYEG 的网页,General Meeting 那里有一个提问问题的 link。

icst1975

166 posts

Posted by icst1975 > 1 month ago | Report Abuse

ZTrade is a cross-border trade facilitation service that uses Web3 and Artificial Intelligence (AI) to connect China with its trading partners. It runs on the Zetrix layer-1 blockchain platform and offers a faster and more seamless trading experience, especially for exporters to China. One of its key features is digitizing the Certificate of Origin, which is essential for verifying the country of origin of goods being exported

pang72

49,431 posts

Posted by pang72 > 4 weeks ago | Report Abuse

Tmr is the day of Ztrade!

pang72

49,431 posts

Posted by pang72 > 4 weeks ago | Report Abuse

Selling is overdo, time to rebound strongly

Posted by keluarpattern > 4 weeks ago | Report Abuse

冲冲冲

pang72

49,431 posts

Posted by pang72 > 4 weeks ago | Report Abuse

https://www.sinchew.com.my/news/20240619/nation/5694124

Welcome China Premier Li Qiang visiting Malaysia

keepup

108 posts

Posted by keepup > 4 weeks ago | Report Abuse

look like market not positive on it??

OrlandoWeb3AI

4,878 posts

Posted by OrlandoWeb3AI > 4 weeks ago | Report Abuse

With Li Qiang commencing his visit to Malaysia on Tuesday, Maybank IB posits that MYEG’s blockchain-based ZTrade platform could gain substantial traction following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

ZTrade enables the digitalisation of trade clearance and tariff computation to cut processing time by up to 50%.

"We have yet to impute for potential ZTrade earnings accretion into our forecasts for MYEG, as cross-border trade volume is harder to ascertain (versus publicly available trade value statistics). Similar to MYEG’s Zetrix token sales business, we expect ZTrade’s net operating margins to be in the 90-95% range," Maybank IB said in a note on Wednesday.

OrlandoWeb3AI

4,878 posts

Posted by OrlandoWeb3AI > 4 weeks ago | Report Abuse

... following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

U1818

673 posts

Posted by U1818 > 4 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1344397/myeg-ep-manufacturing-eco-world-dialog-aax-seen-reaping-benefits-of-china-premier-s-visit-to-malaysia

MyEG, EP Manufacturing, Eco World, Dialog, AAX seen reaping benefits of China premier’s visit to Malaysia

With Li Qiang commencing his visit to Malaysia on Tuesday, Maybank IB posits that MYEG’s blockchain-based ZTrade platform could gain substantial traction following the signing of official documentation between Malaysia’s Ministry of Finance and the General Administration of Customs China on Wednesday.

ZTrade enables the digitalisation of trade clearance and tariff computation to cut processing time by up to 50%.

Posted by sailang_now > 4 weeks ago | Report Abuse

The taxman is coming? Better take profit first?... tut tut

LHDN says has identified individuals, companies involved in crypto trading.
https://theedgemalaysia.com/node/715951

Tenka226

111 posts

Posted by Tenka226 > 4 weeks ago | Report Abuse

How the LHDN tracks those who profit from cryptocurrencies ?

U1818

673 posts

Posted by U1818 > 4 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1344467

李强访马深化投资 5公司料成大赢家

1. MyEG
潜在利好:ZTrade跨境贸易促进平台正式推出

MyEG以区块链技术为基础的ZTrade平台,可能会在马中双方于今日正式签署相关文件后,显著加快发展。

ZTrade平台让贸易通关和关税计算数字化,可以将处理时间缩减最多50%。

在今日签约后,大马农业和食物安全部也将宣布,使用ZTrade为官方管道,向中国发放农业认证,这可能包括出口准证和其他的准证。

分析员仍未将ZTrade的潜在盈利贡献,纳入MyEG的未来盈利预测中,毕竟跨境贸易量难以预测。

中国已经连续15年成为大马的出口伙伴,而去年马中双边贸易一共占本国总体跨境贸易的17%。

icst1975

166 posts

Posted by icst1975 > 4 weeks ago | Report Abuse

Companies with MSC status recognition enjoy significant tax incentives. Key benefits:

100% Tax Exemption: MSC-status companies receive a 100% tax exemption on their taxable statutory income. This exemption is renewable for up to 10 years from the date the company starts generating income.
Investment Tax Allowance (ITA): MSC-status companies can also benefit from the ITA, which provides a 100% deduction on qualifying capital expenditure.
Additionally, there’s a new outcome-based tax incentive called the Malaysia Digital (MD) Tax Incentive. It encourages investments in high-growth tech areas. The MD Tax Incentive aligns with international standards and offers reduced tax rates or investment tax allowances for eligible companies undertaking qualifying activities.

icst1975

166 posts

Posted by icst1975 > 4 weeks ago | Report Abuse

Zetrix 促进了全球不同国家之间的贸易.
Zetrix是一家领先的公共区块链平台。Zetrix促进了各国之间的跨境贸易。最近,MYEG与中国银行合作推出了一个试点项目,为国际进口商和出口商提供供应链融资产品。该举措旨在提供更高效、更便利的跨境金融服务。此外,Zetrix的去中心化应用程序ZTrade通过数字化原产地证书,使出口商向中国更快、更无缝地进行跨境交易。因此,Zetrix不受特定国家之间贸易的限制;它旨在通过利用区块链技术和Web3服务的关键构建块来支持全球贸易。

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