26 r *O +VMZ UIF (SPVQ FOUFSFE JOUP B DPMMBCPSBUJPO BHSFFNFOU XJUI $#. UP PGGFS B TFMG DIFDL TFSWJDF GPS JOEJWJEVBM DSFEJU SFQPSUT XJUI $#. WJB $#. T .Z4$P3& XIJDI JT NBEF BDDFTTJCMF UISPVHI .:&( T QPSUBM r 5IF (SPVQ DPOUJOVFE UP QSPHSFTT JO SFBMJTJOH JUT FYQBOTJPO QMBOT UP NFFU GVUVSF IPVTJOH OFFET GPS GPSFJHO workers. The foreign worker dormitory business under the MyStay brand as a whole continued to perform well in XJUI FYJTUJOH GBDJMJUJFT JO .FMBLB BOE 4FMBOHPS NBJOUBJOJOH GVMM PDDVQBODZ 4JHOJàDBOU QSPHSFTT XBT NBEF UPXBSET UIF DPNNFODFNFOU PG OFX QSPKFDUT BT QBSU PG UIF POHPJOH FYQBOTJPO PG UIF CVTJOFTT XJUI WBSJPVT BQQSPWBMT CFJOH PCUBJOFE GSPN UIF SFMFWBOU BVUIPSJUJFT DPWFSJOH WBSJPVT TJUFT JO 4FMBOHPS 1FOBOH BOE +PIPS *O +VMZ .: &( -PEHJOH .VBS 4EO #IE B XIPMMZ PXOFE TVCTJEJBSZ PG .: &( -PEHJOH 4EO #IE FOUFSFE into a Sale and Purchase Agreement (“SPA”) with Johor Corporation for the acquisition of all pieces of vacant JOEVTUSJBM MBOE EJTUJOHVJTIFE BT 1-0 /P MPDBUFE XJUIJO UIF .VBS 'VSOJUVSF 1BSL GPS B QVSDIBTF DPOTJEFSBUJPO PG 3. POMZ TVCKFDU UP UIF UFSNT BOE DPOEJUJPOT JO UIF 41" 5IJT 41" TVQFSTFEFE BO FBSMJFS .P6 entered on 3 April 2018. r *O 0DUPCFS .:&( BOE )FJUFDI 1BEV #FSIBE DPNNFODFE UIFJS QBSUOFSTIJQ UP FOTVSF UIF TVDDFTTGVM implementation of various e-Government projects in Malaysia. The collaboration is pursuant to a teaming agreement entered earlier that outlines the respective roles and responsibilities of the partners in collaborating JO UIF BSFBT PG NBSLFUJOH BDUJWJUJFT TIBSJOH PG SFMBUFE LOPX IPX BOE TZTUFN JOUFHSBUJPO PG *OGPSNBUJPO BOE 5FDIOPMPHZ 4PMVUJPO GPS JEFOUJàFE QSPKFDUT UP QPUFOUJBM DVTUPNFST %VSJOH UIF ZFBS .:&( BDRVJSFE B TUBLF PG BSPVOE JO )FJUFDI 1BEV #FSIBE XJUI UIF MBUUFS HPJOH PO UP TFDVSF LFZ QSPKFDUT GSPN +1+ BOE UIF Immigration Department. The collaboration adds a new dimension to the Group’s involvement in the Malaysian F HPWFSONFOU TFDUPS FOTVSJOH JU SFNBJOT SFMFWBOU BOE XFMM FTUBCMJTIFE GPS UIF MPOH SVO 5IF (SPVQ BMTP NBEF JNQPSUBOU QSPHSFTT JO UIF POHPJOH FYQBOTJPO PG JUT CVTJOFTT PWFSTFBT FTQFDJBMMZ JO JUT 1IJMJQQJOFT KPJOU WFOUVSF .:&( 1) XIFSF OFX TFSWJDFT GPS BEEJUJPOBM HPWFSONFOU BHFODJFT XFSF POCPBSEFE UP UIF platform: r *O 'FCSVBSZ .:&( 1) BOE UIF 4PDJBM 4FDVSJUZ 4ZTUFN PG 1IJMJQQJOFT iSSS PH”) entered into a partnership to enhance the payment experience for SSS PH members to enjoy a hassle-free and efficient online payment of loans and contributions through MYEG PH’s website. r *O 0DUPCFS .:&( 1) FOUFSFE JOUP B TJHOJàDBOU QBSUOFSTIJQ XJUI UIF /BUJPOBM )PNF .PSUHBHF 'JOBODF Corporation (“NHMFC”) for the integration of the MYEG payment gateway into NHMFC’s Online Payment Service platform. This partnership expands the payment channels available to NHMFC borrowers by an additional PQUJPOT JO BEEJUJPO UP UIF (SPVQ BMSFBEZ IBOEMJOH PWFS EBJMZ USBOTBDUJPOT TFSWJDJOH 'JMJQJOPT BMM across the country. 8IJMF .:&( 1) DPOUJOVFT UP GVSUIFS TPMJEJGZ JUT SPMF BT UIF QSJNBSZ BMM FODPNQBTTJOH F HPWFSONFOU TFSWJDFT QSPWJEFS JO UIF 1IJMJQQJOFT UIF (SPVQ SFNBJOT DPNNJUUFE UP GVSUIFS CSPBEFOJOH JUT PWFSTFBT QSFTFODF BT JU MFWFSBHFT JUT expertise in applying Web3 solutions to transform cross-border transactions across the region. The Group remains vigilant in monitoring local and regional markets for potential and substantial expansion opportunities. ROBUST SUSTAINABILITY GOVERNANCE MYEG’s Sustainability Working Group (“SWG”) continues to play a crucial role in the Group’s sustainability governance GSBNFXPSL QSPàDJFOUMZ BEESFTTJOH TJHOJàDBOU SJTLT BOE PQQPSUVOJUJFT BTTPDJBUFE XJUI .:&( T NBUFSJBM &4( DPODFSOT 5IF 48( UPHFUIFS XJUI UIF #PBSE BOE 4FOJPS .BOBHFNFOU DPOTJTUFOUMZ FOIBODFT FOEPSTFT BOE QVUT JOUP BDUJPO TVTUBJOBCJMJUZ QMBOT BOE TUSBUFHJFT BDUJWFMZ DPOUSJCVUJOH UP .:&( T TVTUBJOBCJMJUZ PCKFDUJWFT JO UIF TIPSU NFEJVN BOE long term. MANAGEMENT DISCUSSION AND ANALYSIS (cont’d)
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