Corporate Milestones 2025 - Now
2025
- June
- May
- April
- March
- January
- Zetrix partnered with CycleX to launch a USD1.5 mil CycleX Zetrix Tokenised Fund ($CZTF), which offers investors a diversified portfolio of Real-World Assets (RWA) and crypto assets.
- MYEG partnered with MyDigital ID Solutions Sdn Bhd (“MYIDSSB”) to develop the MyDigital ID Superapp, a blockchain-powered national digital identity ecosystem.
Corporate Milestones 2021 - 2024
2024
- December
- Zetrix and Astron launched enhanced China Digital IDs, Zidentity (ZID), to combat online identity fraud
- Zetrix partnered with Malaysia Digital Economy Corporation (MDEC), Intelligence Traceability Sdn Bhd, and Biforst Group on halal traceability through blockchain.
- November
- MYEG was awarded a score of 4.0 in ESG assessments by FTSE Russell, ranking the Group among the top 15% of global industry peers. It also placed within the top 19% of its peer group in the S&P Global Corporate Sustainability Assessment.
- October
- ZETRIX launched Chinese Digital ID Identity Verification Service on ZCert to be authenticated and verified digitally overseas.
- MYEG Philippines, Inc. entered into a significant partnership with the National Home Mortgage Finance Corporation (NHMFC) for the integration of the MYEG payment gateway into NHMFC's Online Payment Service platform.
- September
- MYEG announced its collaboration with East Logistics Link Co, a wholly-owned agency of the General Administration of Customs of the People’s Republic of China, to exclusively collaborate on the development and operation of the National Single Window (NSW) platform for ASEAN countries.
- MYEG signed MoU with the Federation of Malaysian Freight Forwarders (FMFF) to promote the adoption of ZTrade among FMFF members and to establish the cross-border trade facilitation platform as the National Single Window.
- August
- Zetrix’s blockchain technology enabled a blockchain-based voting system in the form of digital collectibles for Miss Universe Malaysia 2024.
- MYEG announced strategic alliance with MIMOS Berhad, Worldcoin Foundation and Tools for Humanity, to revolutionise Malaysia's blockchain infrastructure and digital ecosystem.
- July
- ZTrade expanded its scope of coverage to encompass the digital verification of Certificates of Origin ("COOs") issued by the General Administration of Customs of the People's Republic of China ("GACC").
- Zetrix blockchain revolutionised Miss Universe Indonesia and Hong Kong pageants by introducing Decentralised Autonomous Organisations (DAOs) to their operations.
- MYEG Lodging (Muar) Sdn Bhd and Johor Corporation (JCorp) entered into a Sales and Purchase Agreement (SPA) for the acquisition of 9.53 acres of industrial land worth RM12,982,500.12 for the construction of foreign worker accommodation.
- June
- MYEG partnered with Credit Bureau Malaysia Sdn. Bhd. ("CBM") to provide an additional avenue for users to self-check credit reports via CBM's MySCoRE platform.
- MYEG announced that live connectivity of the ZTrade cross border trade facilitation services to GACC's Single Window platform is enabled.
- May
- MYEG was named Most Innovative Islamic Deal in Asia at the Islamic Finance Awards 2024 by Euromoney.
- April
- Entered teaming agreement with Heitech Padu Berhad to work together and form a collaboration to explore services in relation to the Information Technology industry in Malaysia
- Zetrix foundation entered into a Memorandum of Understanding (MoU) with MaiCapital Limited in Hong Kong to collaborate on the launch of Securities & Futures Commission of Hong Kong (SFC) approved Exchange Traded Fund (ETF) of a basket of digital assets which may include Bitcoin and Zetrix
- March
- Zetrix global accelerator programme opened for registration with the aim to discover and support the most promising Web3 startup worldwide.
- MYEG Capital Sdn Bhd announced acquisition of strategic interest in Heitech Padu Bhd.
- MyAssist, in collaboration with Direct Lending, announced a Shariah-compliant Buy Now Pay Later scheme for automotive services.
- February
- MYEG Philippines and Social Security Systems (“SSS”) entered a groundbreaking partnership to enhance the payment experience for SSS members, enabling them to enjoy hassle-free and efficient online payment of loans and contributions through www.myeg.ph. In addition, members will be able to effortlessly generate their Payment Reference Number on the same platform.
- Signed Memorandum of Understanding in relation to a collaboration to provide Electronic Government Services in the State of Sarawak.
- Zetrix and Web3Labs Hong Kong launched the Zetrix Global Accelerator Programme to incubate and nurture promising Web3 startups from all over the world with ecosystem support from Hong Kong’s progressive Virtual Asset (VA) ecosystem.
- January
- Announced that the provision of online renewal of Pas Lawatan Kerja Sementara ("PLKS") for foreign workers will resume on 15 January 2024, following the completion of a system enhancement carried out as part of the requirements for the extension of the service granted earlier by the Ministry of Home Affairs. On 16 October 2023, MYEG received a letter of acceptance from the ministry to extend the service for a period of 2 years.
- Web3Labs Hong Kong, a Web3 development and investment powerhouse; and venture capital firm Summer Capital announced a strategic collaboration to propel Hong Kong's Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for HK government-aligned applications.
2023
- December
- Zetrix announced the launch of Digital Credentials, marking the commercialisation of the collaboration announced on 18th September 2023 between Malaysia's MY E.G. Services Berhad and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co Ltd ("Beitou"), the IT arm of Guangxi Beibu Gulf Investment Group listed as one of China's Top 500 enterprises.
- MYEG's subsidiary, MY EG Lodging (NC) Sdn Bhd officially signed a lease agreement with the Penang Development Corporation ("PDC") to commence work on a workers' village and related facilities at Batu Kawan, Penang.
- November
- Zetrix updated its native wallet application, enabling seamless digital asset connectivity between three major blockchains: Zetrix, Ethereum (ETH) and XingHuo International.
- Zetrix announced the commencement of a pilot project to offer supply chain financing products in conjunction with Chinese banks for international importers and exporters, starting with the Bank of China, and in partnership with Dixchain, a national level high-tech enterprise in China that integrates financial technology and financial services.
- Received a letter from the Road Transport Department of Malaysia to proceed with the implementation of the pilot phase for MYDTS ("MYDTS Pilot Test").
- October
- Summer Capital Limited, a leading investment management and advisory firm with a presence in Hong Kong and Southeast Asia, announced its intention to host nodes on Zetrix.
- Zetrix launched an Initial Exchange Offering (IEO) on cryptocurrency exchange Coinstore from 18-26 Oct 2023, followed by the subsequent listing of its tokens on Coinstore, MEXC and BitForex.
- MYEG received a letter of acceptance from the Ministry of Home Affairs to extend the Immigration Related Services for a period of two years.
- MYEG and wholly-owned subsidiary MY EG Sdn Bhd each received a letter from the Road Transport Department of Malaysia to confirm their appointment as collection agents for the provision of vehicle registration services, driver and vehicle licensing and electronic payment of summon services for a period of three years
- September
- Entered into a collaboration with China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. to leverage on the Zetrix blockchain to offer cross-border credentials verification services, paving the way for the digitalisation of vital documents, including major government-issued identity credentials.
- August
- Voted Malaysia's Best Company in the Software & Internet Services category in Asiamoney's Asia's Outstanding Companies Poll.
- July
- Together with its Philippines-incorporated companies, signed agreements for a collaboration with Philippines Bureau of Customs ("BOC") and with Cargo Data Exchange Center Inc. ("CDEC") to adopt the digital solution known as Ztrade, which is a first of its kind Web3 + Artificial Intelligence (AI) link between China and its trading partners that runs on Zetrix layer-1 blockchain platform.
- Received a notification letter from the Ministry of Home Affairs to confirm that the Ministry of Finance has approved for MYEG to be appointed as the collection agent for the Government revenue and to extend its role as the provider of online services for the Immigration Department of Malaysia.
- June
- Announced the expansion of research collaboration with China Academy of Information and Communications Technology ("CAICT") along with Universiti Malaya to include the development of Artificial Intelligence ("AI") technology under the existing intergovernmental research collaboration.
- Entered into a non-binding Memorandum of Understanding ("MOU") with Oyika Green Technologies Sdn Bhd in relation to a collaboration on the use of electric motorcycles and placement of battery swapping stations at designated locations for a trial period.
- May
- MYEG Philippines launched its payment processing service for the Securities and Exchange Commission ("SEC"), enabling the public to make payments across more than 90,000 channels, online and offline.
- Zetrix announced the successful live deployment of the Xinghuo International Supernode, along with the introduction of Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF") naming services namely Xinghuo Beta Name System ("BNS") and Xinghuo Digital Identity Service ("DIS"), which are fully compliant with W3C International Standards.
- April
- MY EG Lodging Sdn Bhd, a sub-subsidiary of MYEG, received a letter of acceptance from Penang Development Corporation ("PDC") in relation to the tender to set up a workers village and related facilities at Batu Kawan Industrial Park 3 (BKIP 3), Mukim 14, Bukit Tambun, Seberang Perai Selatan, Pulau Pinang.
- March
- Signed a partnership agreement with East Logistic-Link Co., Ltd, a wholly-owned agency of the General Administration of Customs of the People's Republic of China ("GACC"), to jointly provide a full suite of cross-border trade facilitation services that include certificates of origin on the Zetrix blockchain platform.
- February
- Zetrix signed collaboration with Universiti Malaya (UM) and China Academy of Information and Communications Technology (CAICT) on a cross-border blockchain implementation research on Xinghuo-Zetrix, which would lead to commercialisation.
2022
- December
- Declared the Group’s commitment to reach Net Zero emissions by 2050.
- Proposed to distribute 84,000,000 ordinary shares in Agmo Holdings Berhad (“Agmo”), representing the entire 25.8% equity interest in Agmo to entitled shareholders of MYEG in two separate tranches by way of a dividend-in-specie.
- November
- Inked a four-year collaboration agreement with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology (CAICT), which allows it to own and operate the Xinghuo International Supernode that will provide connectivity from China to the rest of the world.
- Proposed Islamic Medium-Term Notes (IMTN) programme of up to RM1.0 billion assigned a final rating of AA-IS, with a stable outlook, by MARC Ratings.
- October
- Zetrix partnered with AmBank to launch the pilot for its cross-border trade financing solution, Zetrix TradeFi ("ZTF").
- Entered into a Memorandum of Understanding (MoU) with MIMOS Technology Solutions Sdn Bhd to jointly develop and operate the national layer 1 public blockchain.
- Proposed the establishment of an Islamic Medium-Term Notes (Sukuk Wakalah) programme of up to RM1.0 billion. The programme provides the flexibility for MYEG to issue Sukuk Wakalah in compliance with amongst others, Green/Social/Sustainability/Sustainable and Responsible Investment (SRI) Sukuk guidelines, frameworks, standards or principles issued by the SC, the ASEAN Capital Markets Forum and the International Capital Market Association.
- MYEG’s Sustainability Financing Framework assigned a “Gold” Impact Assessment by MARC Ratings.
- MyEG Philippines Inc. and the Philippine Health Insurance Corp. (PhilHealth) partnered up to enable micro-employers, small business owners and entrepreneurs to remit their employees' health insurance contributions online with the addition of GCash, Maya, and credit/debit cards as payment options on its Electronic Payment Remittance System (EPRS).
Zetrix and MIMOS blockchain technology will be used as components of the Malaysia Blockchain Infrastructure (MBI). - July
- Zetrix and Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF") jointly introduced Web3 services such as Blockchain-based Identifiers (BID) / Verifiable Credentials (VC) and Blockchain-based E-signing services to international markets to enable cross-border business with China on the blockchain.
- MYEG Philippines partnered with the Department of Health-Metro Manila Center for Health Development (DOH-MMCHD) to provide a more efficient online payment system for DOH transactions.
- June
- I-Pay MYEG Philippines Inc. (''MYEG PH'') partnered with Tourism Infrastructure and Enterprise Zone Authority (''TIEZA'') to expand digital channels and make payment of travel taxes easy.
- May
- Zetrix launched an NFT-based insurance product known as Covinsure.
- April
- Zetrix Blockchain launched its mainnet.
- Zetrix now powers the minting of non-fungible tokens (“NFTs”) on global marketplace NFT Pangolin.
- March
- Launched Global Non-Fungible Token (NFT) Marketplace known as NFT Pangolin.
2021
- December
- MYEG Medical Services Sdn. Bhd. ("MYEG Medical") entered into a Comprehensive Exclusive Distribution Agreement ("The Agreement") with Breathonix for the purpose of appointing MYEG Medical as the exclusive distributor for all market segments in Malaysia for the marketing, sale and distribution of the contractual products in relation to the BreFence Go as stated in the Agreement for a period of 3 years commencing 22 December 2021 ("Initial Term"), with automatic yearly renewals thereafter.
- MYEG received the "Excellent Award" from China's Ministry of Industry and Information Technology following its case presentation on its Zetrix blockchain project at a key industry event in China.
- November
- MYEG received the approval from the Road Transport Department of Malaysia to commence the Proof of Concept to set up an Automated Training and Driving Test System to assess the competencies of candidates undergoing the Drivers' Learning Education Curriculum.
- MYEG entered into a Memorandum of Understanding with A Tech Insure Sdn. Bhd. to provide Malaysian civil servants with a platform to purchase motor vehicle takaful coverage together with road tax renewal by way of an interest-free Shariah compliant Qard loan facility that enables instalment payments via a salary deduction plan of up to 10 months.
- MY EG Finance Technologies Sdn Bhd ("MYEGFT") received a letter from the Ministry of Housing and Local Government of Malaysia for the renewal of the Moneylender's License pursuant to the Moneylenders Act 1951 for a 2 years period effective from 15 January 2022 to 14 January 2024.
- MYEG Medical received a letter from the Ministry of Health Malaysia allowing the deployment of BreFence Go as an alternative COVID-19 screening method at the country's entry points including international airports.
- October
- MYEG entered into a Memorandum of Understanding of Strategic Cooperation with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology, to establish an international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.
- September
- I-Pay MYEG Philippines, Inc. rolled out another two major e-government services, namely the online payment of income taxes to the Bureau of Internal Revenue and online payment of fees to the Philippine Economic Zone Authority.
- Mydigitalcoin Sdn Bhd entered into a Shareholders' Agreement ("the Agreement") with China's Bubi Technologies Co Ltd, Agmo Holdings Sdn Bhd, Star Jewel Capital Inc. to regulate the relationship inter se of shareholders and other parties who will become shareholders of MYBB Techchain Sdn. Bhd. The agreement is to set-up blockchain platform infrastructure to enable the introduction of game-changing applications, including in the area of global cross-border supply chain financing and traceability.
- MYEG won the Asia's Outstanding Companies award from Asiamoney magazine under the Malaysia - Software and Internet Services category.
- August
- MYEG introduced Decentralised Finance services, leveraging on the power of blockchain technology to bring accessible, affordable and efficient cryptocurrency services.
- MYEG renewed its English Premiere League (EPL) Broadcast Sponsorship with Astro for the new season commencing from August 2021 - May 2022.
- June
- I-Pay MYEG Philippines, Inc., entered into a strategic partnership with SinoPhil Biotech, Inc. and Family Vaccine and Specialty Clinics, Inc.'s Health Direct Now initiative for the provision of a COVID-19 vaccination programme in the Philippines.
- MYEG signed a Letter of Intent with Anhui Zhifei Biopharmaceutical Co. Ltd. to purchase 10 million doses of Zhifei's vaccine. This paves the way for the vaccine to be imported and made available to Malaysians as soon as the private market commences and subject to the conditional authorisation of the vaccine by the National Pharmaceutical Regulatory Agency.
- May
- MYEG entered into a memorandum of understanding with Singapore's Breathonix Pte. Ltd. to introduce a rapid breath test system for the screening of the COVID-19 virus in Malaysia.
- MYEG received a letter of acceptance from MIMOS Berhad in relation to the provision of service desk and its related services for vaccine traceability system with tenure of one (1) year from 1 June 2021 to 31 May 2022 with an option to extend for a further one (1) year term upon its expiry.
- April
- MYEG e-commence platform Beli e-mart launches same day delivery service, following the opening of two new BELI Mart physical stores in Puchong and SS15 Subang Jaya, in addition to its existing store in Damansara Perdana.
- March
- MYEG entered into a title partnership of the inaugural Malaysia Esports Series 2021 ("MES 2021"), organised jointly by My Events International and THQ Esports Club, and supported by the Ministry of Youth & Sports, Ministry of Higher Education and Ministry of Health.
- February
- MYEG introduced an at-home, saliva-based COVID-19 testing service for the Philippines.
- MYEG commenced the use of deep throat saliva-based testing for the COVID-19 virus in Malaysia with the introduction of an at-home screening service in collaboration with BP Healthcare.
- MYEG Launched MySafeQ, an online portal offering an array of hotel accommodation and amenity options available to low risk COVID-19 patients who wish to undergo mandatory quarantine requirements in more comfortable settings.
- January
- MY E.G. Capital Sdn. Bhd. ("MYEG Capital") invested in Beijing DeepScience Technology Ltd., a leading virtual live streaming, real-time animation and digital human company.
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.
Corporate Milestones 2014 - 2017
2017
- December
- subscribe for 376,444,336 shares and acquire 664,313,535 shares of Stampede Holdings Sdn. Bhd. ("Stampede"), collectively representing approximately 23.5% of the enlarged issued and paid up shares of Stampede.
- incorporation of MYEG Auto Assist Sdn. Bhd. ("MYAA"). The intended principal activities of MYAA includes provision of motor vehicle inspection and repairs, sale of removable motor vehicle spare parts, motor vehicle breakdown assistance, and provision of membership in relation thereto.
- Proposal to diversify the existing principal activities of MYEG and its subsidiaries to include the foreign workers accommodation programme was duly approved by the shareholders of the Company on 7 December 2017.
- a Moneylender's License ("the License") pursuant to the Moneylenders Act 1951 granted by Ministry of Urban Wellbeing, Housing and Local Government of Malaysia ("the Ministry").
- October
- received the Lease Agreement with Johor Corporation in respect of the lease for a piece of land situated at PLO 69, Tanjung Langsat Industrial Complex, Johor Bahru.
- received a Letter of Appointment dated 10 October 2017 from the Ministry of Home Affairs to undertake the voluntary repatriation of illegal foreign workers for the Immigration Department of Malaysia ("the Project"). The tenure of the Project is from the date of the issuance of the Letter of Appointment, 10 October 2017 to 31 December 2017.
- August
- Incorporation of I-Pay MYEG Philippines Inc, a Joint Venture Company between the Company and I-Pay Commerce Ventures, Inc.
- June
- incorporation of Mydigitalcoin Sdn. Bhd. ("MYDC") with intended principal activity of investment holdings.
- Change of Company address
Old address:
Lot 8.01, Level 8, 1 First Avenue
Persiaran Bandar Utama, Bandar Utama
47800 Petaling Jaya
Selangor
Malaysia
New address:
Level 43A, MYEG Tower
No 8, Jalan Damansara
Empire City, PJU 8
47820 Petaling Jaya
Selangor
Malaysia
- May
- subscribe for 50,000 shares and further purchase 75,000 shares of Essential Reviews Sdn. Bhd., collectively representing approximately 67% of the issued and paid-up shares of Essential Reviews Sdn. Bhd.
- March
- MYEG had entered into a Joint Venture Agreement ("the Agreement") with I-Pay Commerce Ventures, Inc to establish a Joint Venture Corporation ("JVC") for the purpose of engaging in the business of development and implementation of Electronic Government Services projects in the Philippines and the provision of other Electronic Government related services thereto, including, electronic payment services in the Philippines in accordance with the terms and conditions of the Agreement. The JVC will only be incorporated subsequent to the formalisation of the Agreement.
- Signing of a concession agreement dated 1 March 2017 with the Government of Malaysia in relation to the provision of online renewal of temporary employment pass for foreign worker or Pas Lawatan Kerja Sementara ("PLKS") for the Immigration Department of Malaysia ("the Project"). The tenure of the Project is 5 years from 23 May 2015 to 22 May 2020 and it is renewable upon expiry subject to the approval by the Government of Malaysia.
- February
- Incorporation of new subsidiary, MUCA Wellness Sdn. Bhd. which will be operating electronic commerce as its principal activity.
- January
- Received Letter of Acceptance from the Ministry of Home Affairs in relation to the provision of online renewal of temporary employment pass for foreign worker or Pas Lawatan Kerja Sementara ("PLKS") for the Immigration Department of Malaysia.
- Incorporation of new subsidiary, MY E.G. Management Services Sdn. Bhd to provide management and consultancy services.
- Completion of Bonus Issue of 1,202,101,993 Bonus Shares.
2016
- September
- MYEG entered into agreement for the acquisition of additional seven (7) storeys at Iconic Office (Block N).
- August
- MYEG entered into three (3) Tenancy Agreement ("the Agreements") with Melaka State Development Corporation ("PKNM") for the rental of 512 accommodation units to serve as hostels to foreign workers.
- MYEG received a letter of approval dated 10 August 2016 for an extension of Pioneer Status for a period of five (5) years under the Promotion of Investments Act, 1986 by the Malaysian Investment Development Authority ("MIDA").
- July
- Incorporation of new subsidiary, Hurr Tv Sdn. Bhd. to build, own and operate an online TV channel.
- Incorporation of new subsidiary, MYEG Lodging Sdn. Bhd. to build, own and operate hostels for foreign workers.
- June
- Incorporation of new subsidiary, Picasso Media Sdn. Bhd which would be provision of diversified media solutions and related professional services.
- May
- Incorporation of new subsidiary, MY E.G. Alternative Payment Services Sdn. Bhd. to operate and manage electronic platforms for investment and financing arrangements and other related value added services.
- March
- Acquisition by MYEG of 22 storeys of stratified parcels at Iconic Office (block n) at Empire City at Damansara completed.
- February
- Incorporation of new subsidiary, MY E.G. Payment Services Sdn. Bhd which would be providing financing, leasing or hire purchase services.
- Received a letter of appointment from the Ministry of Home Affairs in relation to the management of illegal foreign workers for the rehiring programme.
- Company granted a Courier Service License ("License") by the Malaysian Communication and Multimedia Commission ("MCMC").
- January
- Appointed by Ministry of Home Affairs to offer online renewal of temporary employment pass for foreign workers or Pas Lawatan Kerja Sementara ("PLKS") for Immigration Department of Malaysia from 23 May 2015 until 22 May 2020.
- Incorporation of CardBiz eServices Sdn Bhd for software customization and development.
- Appointed as Celcom's Direct Channel Partner to promote, market and distribute products and services to end users.
- Completion of Bonus Issue of 1,202,102,000 Bonus Shares.
2015
- August
- Entered software solutions and credit card terminal rental business through acquisition of 55% stake in Cardbiz Holding Sdn Bhd.
- Acquisition of MYEG Trade Sdn Bhd which it principle activity would be investment holding.
- June
- Launching of automotive portal www.mymotor.my.
- January
- Completion of Bonus Issue of 601,051,000 Bonus Shares.
2014
- July
- Extension of the E-Services Concession Agreement for a further period of 5 years commencing from 23 May 2015 and expiring on 22 May 2020 vide an extension letter from Malaysia Administrative Modernisation and Management Planning Unit ("MAMPU").
Corporate Milestones 2010 - 2013
2013
- February
- Soft launch of its new service, the "foreign workers working permit renewal" or FWWWPR
- January
- Launch of Bantuan Lesen 1Malaysia (BLIM) programme wherein MYEG was appointed as the sole manager of the government's initiative to encourage motorcyclist to be licensed.
2012
- October
- Make the Pitch ended.
Winners: Fashion Valet (Fashion Valet Sdn Bhd) and Cloudstat (Cloustat.me Sdn Bhd) Investment in Winners: RM1,500,000.00
- Make the Pitch ended.
- August
- Commercialisation of JPJ Voluntary Ownership Transfer
- July
- Second season for Make the Pitch was launched.
- June
- Commercialisation PDRM Traffic Offences Photo Query.
- January
- Make the Pitch season 1 ended.
Winners : Voucheres ; (New Era Strategic Thinking Sdn Bhd) Masatu (Agmo Studio Sdn Bhd), Scoxx (Scoxx Sdn Bhd)
Total Investment : RM900,000.00 - Launched JPJ's Temporary Ownership Transfer.
- Make the Pitch season 1 ended.
2011
- November
- For CDL, synchronised license expiry date according to date of birth.
- October
- Launched a television reality show called "Make the Pitch". A TV reality show which searches for innovative ideas from Malaysian entrepreneurs which then matches them with potential investors.
- September
- Participated in Jabatan Pengangkutan Jalan (JPJ), handholding programmes which was intended to create awareness amongst the Malaysian public especially in the rural areas.
- MYEG was also recognized by Forbes as one of the 'Best Companies under USD1Billion in Asia' for the second consecutive year.
- April
- A new corporate office was set up in Bandar Utama.
- February
- On line service for MyKad Replacement Application
- January
- Launched PDRM's new summons email alert.
2010
- December
- Ranked amongst the Top 100 Public Listed Companies in Malaysian Corporate Governance Index 2010 published by Minority Shareholder Watchdog Group.
- June
- A new Customer Service Centre was set up in Bandar Utama
- Commercialisation of online renewal of Foreign Maid Work Permit
- March
- Commercialisation of online application of MY Kad replacement & online renewal of foreign maid work permit.
- February
- Completed the disposal of PDX. Net Sdn. Bhd
Corporate Milestones 2005 - 2009
2009
- January
- Transfer of the listing and quotation of the entire enlarged issued and paid-up share capital of MYEG from the Mesdaq Market to the Main Board of Bursa Malaysia Securities Berhad
2008
- April
- Commercialisation of online renewal of insurance and road tax
2007
- October
- Completed the acquisition of Fidelity Radiance Sdn Bhd
- July
- Completed the acquisition of mySPEED.com Sdn Bhd
- May
- Commercialisation of online transactional services for Jabatan Pendaftaran Negara (JPN)
- April
- Commercialisation of online renewal services for Competent Driving License (CDL)
- January
- Listed on the MESDAQ Market of Bursa Malaysia Securities Berhad
2005
- September
- Commercialisation of online transactional services for JIM
- May
- Commenced development of software application for Jabatan Insolvensi Malaysia's (JIM) online transactional services
- March
- Commercialisation of renewal of trader's licence, permits and assessment services for DBKL
- January
- Sponsor for the Islam Hadhari portal which was launched by the Prime Minister of Malaysia.
Corporate Milestones 2000 - 2003
2003
- April
- Online payment of PDRM summons launched
- February
- Issuance of Learner's Driving Licence (LDL) was launched
- January
- Signed agreement with the Government for the electronic delivery of PDRM summons and information services
2002
- May
- Commenced development of software application for the electronic delivery of Dewan Bandaraya Kuala Lumpur (DBKL) compound, licensing, assessment and information services
- April
- Commenced development of software application for the electronic delivery of Polis Diraja Malaysia (PDRM) summons and information services
2001
- November
- Launched online driving theory test service
- July
- Commencement of tax free period for 5-year period from 18 July 2001 onwards
2000
- August
- Granted MSC Status by MDC
- Signed acquiring bank agreement with RHB Bank Bhd as the acquiring bank for the electronic delivery of driver and vehicle registration, licensing and summons services, utility bill payments and Ministry of Health online information system
- Signed service level agreement with PDX.com Sdn Bhd, the Gateway Provider for the electronic delivery of driver and vehicle registration, licensing and summons services, utility bill payments and Ministry of Health online information system
- May
- Signed agreement with the Government for the electronic delivery of driver and vehicle registration, licensing and summon services and utility bill payments
- March
- Commenced development of software applications for the electronic delivery of driver and vehicle registration, licensing and summons services, utility bill payments and Ministry of Health online information system – Phase 1