MyEG expects hostels to generate big profit

TheStar Fri, Nov 10, 2017 08:28am - 6 years View Original


A MyEg service counter. - Filepic

A MyEg service counter. - Filepic

PETALING JAYA: MyEG Services Bhd said its venture into the business of providing hostels for foreign workers could contribute more than a quarter of its future net profit.

The group has a long-term target of opening up to 200 such sites in Malaysia.

“The board proposes to seek the approval of the shareholders of the company for the diversification,” it said in a filing with Bursa Malaysia yesterday.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 9.090
MYEG 0.915

Comments

Login to comment.