MyEG acquires 14.4% stake in HeiTech Padu for RM31.25mil

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Since the pandemic, work-related phrases such as “quiet quitting” or “Great Resignation” have taken over the Internet – and are now part of our everyday vocabulary.

In a filing with Bursa Malaysia, MyEG said My E.G. Capital acquired an aggregate of 14.57 million ordinary shares representing approximately 14.40% equity interest in HeiTech Padu via open market and direct business transactions.

“The acquisition is a strategic investment which will allow the company to explore potential collaborations with HeiTech to create synergies by leveraging on the respective expertise and experience of both parties as established e-government service providers,” MyEG said.

Source: Tech Daily Report (techdailyreport.net)

 

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