The board of directors of MYEG wishes to announce that on 1 March 2016, the Kuala Lumpur High Court has dismissed the claims by eight (8) third parties ('Plaintiffs') which were filed against five (5) third parties ('Defendants'), where MYEG was name as one of the Defendants.

The claims were made in relation to the alleged unlawful conspiracy between the Company and another four (4) third parties affecting the importance of the economics of the Plaintiffs of which the Plaintiffs sought for an injunction from the Court to stop the Company from executing the program Bantuan Lesen 1 Malaysia, damages for alleged unlawfully conspired (which are not quantified), costs and interest.

The dismissal is not expected to have any material impact on the earnings and net assets of MYEG Group for the financial year ending 30 June 2016.

This announcement is dated 1 March 2016

MyEG - My E.G. Services Bhd issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 March 2016 00:25:00 UTC

Original Document: http://myeg.listedcompany.com/news.html/id/514093