The Board of Directors of MYEG wishes to announce that as part of its internal restructuring exercise to streamline the operations of the Companies within MYEG and its subsidiaries ('MYEG Group'), MYEG Group has transferred the shareholdings in the manner stated below:-

Name of Subsidiary effected

Total Number of shares in Ipidato DC

Transfer From

Amount of shares Transferred

Transfer to

Ipidato Dot Com Sdn. Bhd. ('Ipidato DC')

10,000

MY EG AD Networks Sdn. Bhd. ('MYEGAD')

10,000

MY E.G. Capital Sdn. Bhd. ('MYEGCAP')

Both MYEGAD and MYEGCAP are wholly owned subsidiary of MYEG. The restructuring does not expect to have any material effect on net assets per share, gearing and share capital of the Company for the financial year ending 30 June 2016.

None of the directors and/or major shareholders of the Company and/or persons connected to them have any interest, direct or indirect in the aforesaid restructuring.

This announcement is dated 20 May 2016

MyEG - My E.G. Services Bhd published this content on 20 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 May 2016 06:37:02 UTC.

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