MYEG dives 26.7pct, services under Immigration Dept by 2025

MY EG Services Bhd (MYEG) tumbled 25.5 sen, or 26.7 percent, to 70 sen today with trading volume exceeding 1.01 billion shares as nervous investors offloaded the company’s shares on news that all immigration services and processes will be back fully under the Immigration Department’s management by 2025.

MYEG opened 30 sen, or 31.41 percent weaker, at 65.5 sen today from 95.5 sen at the close last Friday.

Earlier, Bursa Malaysia...