My EG Services Bhd
KLSE:MYEG
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My EG Services Bhd
Other Receivables
My EG Services Bhd
Other Receivables Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Receivables | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
M
|
My EG Services Bhd
KLSE:MYEG
|
Other Receivables
myr272.4m
|
CAGR 3-Years
19%
|
CAGR 5-Years
24%
|
CAGR 10-Years
10%
|
|
A
|
Advance Information Marketing Bhd
KLSE:AIM
|
Other Receivables
myr12.6m
|
CAGR 3-Years
211%
|
CAGR 5-Years
121%
|
CAGR 10-Years
43%
|
|
C
|
CTOS Digital Bhd
KLSE:CTOS
|
Other Receivables
myr6.1m
|
CAGR 3-Years
65%
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
V
|
VCI Global Ltd
NASDAQ:VCIG
|
Other Receivables
myr15.4m
|
CAGR 3-Years
72%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
My EG Services Bhd
Glance View
My EG Services Bhd, often referred to as MYEG, plays a vital role in the digital governance landscape of Malaysia. Founded in 2000, the company emerged as a pioneer of e-government services, offering a seamless bridge between government agencies and the public. MYEG has evolved significantly over the years, leveraging technology to enhance public service delivery. It initially started by providing counter services such as road tax renewals and driver's license applications, but quickly expanded to incorporate online platforms that facilitate payments and renewals for various governmental services. This shift not only improved accessibility for citizens but also positioned MYEG as a trusted facilitator in the realm of digital transactions, drawing a substantial portion of its revenue from transaction and commission fees. Beyond its core e-government services, MYEG has diversified its portfolio, venturing into commercial services, including insurance renewal and road safety solutions, further solidifying its revenue streams. The company also developed an innovative range of trade facilitation services that cater to different industries, providing solutions such as digital business licensing and customs declaration processing. This diversification strategy highlights MYEG's adaptation to changing market demands and its continuous efforts to digitize services that traditionally required physical presence. By leveraging a combination of strategic collaborations and technological advancements, MYEG has managed to sustain its growth trajectory, embedding itself deeper into the infrastructure of Malaysia's digital governance and commerce sectors.
See Also
What is My EG Services Bhd's Other Receivables?
Other Receivables
272.4m
MYR
Based on the financial report for Sep 30, 2024, My EG Services Bhd's Other Receivables amounts to 272.4m MYR.
What is My EG Services Bhd's Other Receivables growth rate?
Other Receivables CAGR 10Y
10%
Over the last year, the Other Receivables growth was -37%. The average annual Other Receivables growth rates for My EG Services Bhd have been 19% over the past three years , 24% over the past five years , and 10% over the past ten years .