MyEG expects hostels to generate big profit
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.
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