Wednesday, January 19, 2011

Goldman Sachs accumulates more MyE.G. shares

KUALA LUMPUR: The Goldman Sachs Group continued to raise its stake in MY E.G. SERVICES BHD [] with the recent acquisitions of 2.5 million shares in mid-January.

A filing with Bursa Malaysia showed it acquired 1.1 million shares on Jan 11 and 1.4 million shares the next day.

Earlier filings showed it acquired two million shares on Dec 30.

After the recent acquisitions, Goldman Sachs' shareholding of My E.G. increased to 45.1 million shares or 7.51%.

My E.G. develops and implements e-government services and provides other related services for the e-government initiative.

It serves as a community-based information and services centre for the public to access information, execute transactions and interact with the government and government-related institutions.


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