- Business
- My E.G. Services Berhad (MYEG), Malaysia's leading digital services provider and flagship e-government solutions operator, develops and implements electronic government services for Malaysian agencies including the Road Transport Department (JPJ), Immigration Department (JIM), Royal Malaysia Police (PDRM), and others; provides commercial offerings such as auto insurance intermediation via MY E.G. Commerce Sdn. Bhd., automotive assistance through MyAssist, personal and business financing, remittances, payroll management, e-commerce via Beli e-Mart, and foreign worker services encompassing recruitment placement, permit renewals, insurance, and lodging; delivers blockchain-based solutions on its proprietary Zetrix Layer-1 public blockchain, including ZTradeFi supply chain financing, ZTrade for China customs clearance, Zetrix Staking (ZeFi), ZCert verifiable credentials and digital identity verification, Covinsure NFT insurance products, and multi-chain wallets; offers payment solutions, online media, and ancillary IT services through subsidiaries like Zetrix Fintech Sdn. Bhd., MY E.G. Digital ID Sdn. Bhd., and CardBiz entities; and extends operations internationally in the Philippines (e-government payments for BIR, SSS, NHMFC, and PEZA), China (customs processing and blockchain via GACC and CAICT partnerships), Bangladesh, Indonesia, Thailand, and beyond. Founded in 2000 and headquartered at Level 43A, Zetrix Tower, No. 8 Jalan Damansara, Empire City, PJU 8, 47820 Petaling Jaya, Selangor, Malaysia (with a presence across all Malaysian states and regional expansion in Asia), the company serves federal, state, and municipal governments, regulatory bodies, businesses, and the general public through online portals, kiosks, and service centers. Recent developments include a January 2025 partnership with MyDigital ID Solutions Sdn. Bhd. to develop the blockchain-powered MyDigital ID Superapp (proof-of-concept targeted for Q1 2025); a May 2025 strategic alliance with SGTraDex to enhance Malaysia-Singapore digital trade connectivity; a March 2025 CycleX Zetrix Tokenised Fund launch offering USD1.5 million in real-world assets and crypto; March 2024 acquisition of a strategic stake in Heitech Padu Bhd. by MY E.G. Capital Sdn. Bhd. and a teaming agreement for IT collaborations; April 2024 MoU between Zetrix Foundation and MaiCapital Limited for a Hong Kong SFC-approved digital assets ETF; August 2024 alliance with MIMOS Berhad, Worldcoin Foundation, and Tools for Humanity to integrate credential verification into Malaysia's Blockchain Infrastructure; partnerships with Credit Bureau Malaysia for MySCoRE credit reports, Social Security System Philippines for payments, and East Logistics Link for ASEAN National Single Window development; expansion of ZTrade for Chinese Certificates of Origin verification; and a Shariah-compliant Buy Now Pay Later scheme for automotive services via MyAssist and Direct Lending, alongside blockchain integrations for beauty pageants and halal traceability.