Thursday 28 Mar 2024
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KUALA LUMPUR (May 22): Trading in the securities of My E.G. Services Bhd (MyEG) will be halted from 9am today pending an announcement.

In a bourse filing today, MyEG said it had requested the trading halt.

MyEG has been in the news lately after it began taking preorders for its Covid-19 rapid test kit since mid-March, even before it got any approval from the Ministry of Health (MoH).

MyEG defended that the test kits, claimed to be developed by an unnamed "reputable" Chinese biomedical company, had already been approved by health authorities in China and Europe and qualified for emergency use by the US Food and Drug Administration (FDA).

However, Malaysia’s Medical Device Authority (MDA) under the MoH clarified later in the month that it never gave permission to MyEG to advertise, distribute or sell Covid-19 test kits.

#dudukrumahdiamdiam and get the news at theedgemarkets.com.

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