MyEG shares flat despite new service launch

PETALING JAYA: My EG Services Bhd’s was flat at RM2.44 this morning, despite launching a new commercial service to provide job matching and placement services to match Malaysian employers with foreign workers yesterday.

At 10.28am, the stock stood at RM2.44 with 5.64 million shares changing hands, giving it a market capitalisation of RM8.8 billion.

Yesterday, the group told the stock exchange that it has changed its wholly-owned unit Ipidato Dot Com Sdn Bhd’s name to My EG Jobs Sdn Bhd to better reflect the new business activities of its subsidiary.

Source: The Sun Daily

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