The losses were mainly due to an impairment due from an associate company amounting to RM95.45mil, and the impairment of equipment amounting to RM76.29mil.
KUALA LUMPUR: MyEG Services Bhd has entered into a memorandum of understanding to take up a 40% stake in an Indonesian e-government services provider for US$10mil (RM42mil).
The proposed strategic partnership with PT Cartenz Technology Indonesia, subject to the fulfilment of relevant terms and conditions, marked the group’s entry into the Indonesian e-Government space.
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