business

MCMC approves MYEG's courier service license

KUALA LUMPUR: Malaysian Communication and Multimedia Commission (“MCMC”) has approved the renewal of My EG Services Bhd’s courier service license.

MYEG said the renewed license is for a period of three years effective from January 1, 2019 to December 31, 2021.

“It is renewable with MCMC upon expiry,” it added.

MYEG said the renewed license would enable the company to continue to expand its e-fulfilment service which uses its own proprietary biometric verification technology.

“This is expected to continue to contribute positively to the future earnings and net assets of MYEG and its subsidiaries.”

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