Corporate Milestones 2018 - 2020

2020
  • Dec
    • Completed first tranche of private placement, raising RM216.0 million from the issuance of 120 million new ordinary shares.
    • Entered into cooperation with Anhui Zhifei Longcom Biopharmaceutical Co., Ltd. to obtain Malaysian Halal certification for the Chinese biopharma company's COVID-19 vaccine and to exclusively distribute the vaccine in Malaysia.
  • Nov
    • Launched an online service to search for corporate information and business profiles of Singapore companies.
    • MYEG Philippines, Inc. entered into a partnership with Family Vaccine Specialty Clinics, Inc. (Health Direct Now) to develop a mobile application for the booking and payment of COVID-19 tests.
    • Launched of MySafeTravel, a digital health pass system for travellers making entry into Malaysia amidst the COVID-19 pandemic operated by MYEG for the Ministry of Health.
  • Oct
    • Received Letter of Acceptance from the Ministry of Health to undertake the provision of an online payment system for inbound travellers to register and make payment for COVID-19 Screening Test and Quarantine Charges.
    • Introduced online renewal of Motorcycle Road Tax and Competent Driving License as an expansion of services provided for the Road Transport Department of Malaysia
  • July
    • Received a notification letter from the Ministry of Home Affairs to extend the Immigration Related Services for 3 years.
  • May
    • Launched a one-stop portal for employers in Malaysia to manage the screening of their workforce for the COVID-19 virus.
  • April
    • MYEG Philippines, Inc. launched a contact tracing and digital health profiling smartphone app known as MyEGuard and commenced pilot implementations for the cities of Paranaque City, NCR, Kidapawan City, North Cotabato (Mindanao) and Ilagan City, Isabela (Central Luzon).
  • February
    • Developed an extensive Artificial Intelligence-powered Coronavirus risk profiling system, and made available to the governments of Malaysia and the Philippines
  • January
    • PT CIU, a MYEG associate company in Indonesia secures additional mandates to roll-out various provincial governments in the Republic of Indonesia tax monitoring system to 30 more cities on a pilot basis.
2019
  • November
    • MYEG Philippines Inc. launches first phase of digital e-Government services in partnership with Land Bank of the Philippines.
  • July
    • MY EG (Indonesia) Sdn. Bhd. enters into a share subscription agreement and a shareholders' agreement with PT Aria Pacific Perkasa, PT Azzahra Korporindo Investama, Mr. Gito Wahyudi and PT Cartenz Inti Utama ("PT CIU") in relation to the subscription of PT Cartenz Inti Utama's shares..
  • June
    • Incorporation of MY EG Islamic Finance Sdn. Bhd. ("MYEGIF"). The intended principal activity of MYEGIF is provision of Islamic financial lease activities and other Islamic credit granting activities.
  • April
    • MY E.G. Capital Sdn Bhd enters into an investment agreement with Jingle Magic (Beijing) Technology Co., Ltd ("Jingle Magic) in China, which is involved in the development of virtual reality, augmented reality and artificial intelligence-based education equipment and software.
    • Announcement of proposed investment by MYEG Capital Sdn Bhd in HiScene (Shanghai) Information Technology Co., Ltd. which is involved in information technology and intelligent equipment, data processing, advertising and animation design, computer software and hardware research and development.
  • January
    • Receives approval from Bank Negara Malaysia for the issuance of electronic money via the iPayEasy e-wallet.
    • MyEG Philippines, Inc. launches an online insurance portal, namely MyEG Insurance, which brings faster and hassle-free access for all users to a diverse range of insurance coverage in the Republic of Philippines.
2018
  • December
    • IPMPI enters into a Memorandum of Agreement with the National Bureau of Investigation ("NBI") to implement the NBI's Electronic Payment and Collection System.
    • Incorporation of MYEG (BD) Ltd.. The intended principal activity of the MYEG (BD) Ltd. Is provision of technology and e-government services in Bangladesh.
  • November
    • Enters into a Memorandum of Understanding with PT Cartenz Technology Indonesia on the intended collaboration and cooperation to expand and extend the tax monitoring system and tax revenue system in the Republic of Indonesia.
  • October
    • entered into a Memorandum of Understanding with University of Malaya to jointly promote and foster the development of academic and research projects in blockchain, as well as for the implementation of an on-campus e-wallet.
    • accepted the Letter of Intent ("LOI") from Universiti Utara Malaysia ("UUM") with the intention to work, co-operate and deploy their respective expertise, knowledge and resources to conduct academic programmes.
    • incorporation of MYEG (Bangladesh) Sdn. Bhd. ("MYEGB"). The intended principal activity of MYEGB is investment holdings specifically for investments in Bangladesh.
    • Incorporation of PayMe Sdn. Bhd. ("PayMe"). The intended principal activity of PayMe is the provision of human resource management and payroll solutions.
    • launched a blockchain-based payroll management software, known as "PayMe", to assist companies in recording and managing workers' overtime in a more accurate and efficient manner.
    • Incorporation of MYEG E-Settlement Sdn. Bhd. ("MYEGES"). The intended principal activity of MYEGES is provision of payment settlement services and systems.
  • September
    • Acquisition by MYEG of one (1) Commercial Space within the podium level below MYEG Tower at Empire City, Petaling Jaya, Selangor Darul Ehsan.
    • incorporation of PT MYEG Services Indonesia ("PTMYEG") in Indonesia. The intended principal activity of PTMYEG is to build, own and operate a digital platform for commercial services.
    • received a Licence to conduct matters relating to private employment agencies ("the Licence") from the Department of Labour Peninsular Malaysia, Ministry of Human Resources ("MOH"). This Licence will allow MYEG to carry out recruitment activities for a job seeker within and outside Malaysia and a non-citizen employee within Malaysia.
  • August
    • entered into a Joint Venture Cum Shareholders Agreement ("the Agreement") with Control Data (BD) Limited, My Paycheck Sdn. Bhd., Arif Alam and Teo Kim Hoe to establish a Joint Venture Corporation for the purpose of engaging in the business of technology services and e-government services in Bangladesh.
  • July
    • I-Pay MYEG Philippines Inc ("IPMPI") had on 2 July 2018 entered into a Memorandum of Agreement ("MOA") with CIMB Bank Philippines Inc ("CIMBPH") for the purpose of marketing CIMBPH's financial products on IPMPI's digital services and platforms to eligible individuals in the Republic of the Philippines.
  • June
    • incorporation of MYEG (Indonesia) Sdn. Bhd. ("MYEGIND"). The intended principal activity of MYEGIND is investment holdings specifically for investments in the Republic of Indonesia.
    • I-Pay MYEG Philippines Inc. ("IPMPI"), had on 18 June 2018 entered into a Memorandum Of Understanding with Cagayan Economic Zone Authority to allow IPMPI to register as a Financial Technology Solutions Business Enterprise license applicant to act as a payment processor and payment gateway business enterprise for offshore transactions in the Philippines specifically within the Cagayan Special Economic Zone and Freeport.
    • change of the financial year end of the Company from 30 June to 30 September.
    • launched Volvo Car Leasing, a leasing service for Volvo Car Malaysia Sdn. Bhd.'s ("Volvo") motor vehicles ("the Service") subsequent to the Leasing Service Agreement ("the Agreement") entered between MYEG and Volvo.
  • May
    • entered into a Service Agreement ("the Agreement") with AIG Malaysia Insurance Berhad ("AIG") for the provision of road care assistance programme to AIG's policyholders.
    • I-Pay MYEG Philippines Inc had on 2 May 2018 entered into a service level agreement with the local government of Quezon City, Philippines ("Quezon"), to act as the electronic payment gateway service provider for Quezon in relation to the collection of taxes and other services offered by Quezon through its payment channels.
  • April
    • entered into a Memorandum Of Understanding with Johor Corporation on 3 April 2018 to explore the possibility to purchase or lease a land situated within Muar Furniture Park.
  • February
    • entered into a Joint Venture Agreement and Share Subscription Agreement (collectively referred to as "the Agreements") in relation to the subscription of 423,376.26 shares in Guangdong Virtual Reality Technology Co., Ltd.
  • January
    • incorporation of a wholly owned subsidiary known as MYEG International Sdn. Bhd. ("MYEGI"). The intended principal activity of MYEGI is to undertake investments and joint ventures in foreign countries.
    • received a Letter of Approval ("the Approval") from Bank Negara Malaysia ("BNM") dated 8 January 2018, pursuant to Section 11 of the Financial Services Act 2013 ("FSA"), allowing MYEG Alternative Payment Services Sdn Bhd to issue electronic money via its iPayEasy e-wallet with a maximum wallet limit of RM1,500 per customer.
    • the Company had on 5 January 2018 received a Letter of Extension dated 20 December 2017 from the Ministry of Home Affairs in relation to the extension of the voluntary repatriation of illegal foreign workers project for the Immigration Department of Malaysia , which had expired on 31 December 2017 ("the Extension"). The Extension is from 1 January 2018 to 30 June 2018.