KUALA LUMPUR: The Malaysian Competition Commission (MyCC) has accepted the changes made to its online foreign worker renewal system by My EG Services Bhd (MyEG) and its subsidiaries.
In today’s filing to Bursa Malaysia, MyEG said the daily penalty of RM7,500 will cease with immediate effect with the acceptance of the changes.
It said the penalty was RM9.64 million, of which MyEG had paid a total of RM6.41 million up to the date of acceptance.
MyEG said it is of the view that it has fully complied with the decisions made earlier by MyCC and its Competition Appeals Tribunal (CAT).
“However, the appeal which MyEG had filed to the Court of Appeal will continue. MyEG had filed an appeal to the Court of Appeal against the decisions made earlier by MyCC and CAT and to appeal against the penalty imposed by MyCC.
“MYEG hopes to reiterate to all users that the changes required are in relation to the user interface of the group’s portal and does not affect the ongoing delivery and provision of all its services,” it said.
At 10.32am, MyEG rose 3% or 3 sen to RM1.03 with 17.92 million shares traded. -THE EDGE MARKETS