MyEG gets three-year JPJ contract extension, to 2026

MyEG gets three-year JPJ contract extension, to 2026

Following the announcement made by the government in May that it had extended MyEG Services’ contract to provide road transport department (JPJ) online services for another three years, MyEG Services has announced that the contract extension for it and its wholly-owned subsidiary, MyEG (MYEGSB), is now in place, and will run from May 23, 2023 to May 22, 2026.

In a filing with Bursa Malaysia, MyEG said both companies have received their appointment letters from JPJ that confirms both as “collection agents for the provision of vehicle registration services, driver and vehicle licensing and electronic payment of summon services for a three-year period,” as Bernama reports.

The company said the estimated total value of the extension will be dependent on the number of transactions performed over this period, with an agreement to formalise the extension to be signed and announced by the company in due course

MyEG added that the extension is expected to contribute positively to the earnings and net assets per share of the company for the 2023 financial year onward

The contract extension means that motorists will be able to carry out road tax and driving licence renewals as well as payment of traffic fines via the platform until 2026. However, it was indicated during the announcement in May that MyEG would no longer be the exclusive provider in its segment, as the government had decided to open up the field to other service providers.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • KakaPutih on Oct 31, 2023 at 10:48 am

    Of coz la… after give million of duet kopi. If no, Bjak or other competitor will take the contract… boleh land mah… corruption is the KEY here. Only normal rakyat need to follow the rules. Kakaka

    Like or Dislike: Thumb up 5 Thumb down 2
  • Nurul Izzah on Oct 31, 2023 at 12:21 pm

    Anwar menang kroni hapus

    Like or Dislike: Thumb up 4 Thumb down 0
  • Mr Mar on Oct 31, 2023 at 1:23 pm

    kroni able to breath again, ahahah madanon

    Like or Dislike: Thumb up 6 Thumb down 0
  • zMYEG where is my hardcopy roadtax after i paid ??

    Like or Dislike: Thumb up 3 Thumb down 0
    • Helenesssssssssssssssss on Oct 31, 2023 at 3:20 pm

      Ya i havent received also, about a month dy

      Like or Dislike: Thumb up 1 Thumb down 0
    • stasta on Nov 03, 2023 at 7:29 pm

      seems tu takes more than one month nowadays. i renewed in August received in September

      Like or Dislike: Thumb up 0 Thumb down 0
 

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