Vehicle ownership transfer via MyEG

Malaysia's e-government services provider MY E.G. Services MyEG) Bhd,
will launch a new service next month to facilitate the online transfer
of vehicle ownership via its website.


The service will be under the purview of the Road Transport
Department (RTD). MyEG's executive chairman Datuk Dr Norraesah Mohamad
said: "The new service empowers vehicle owners to be proactive in
ensuring the full completion of the ownership transfer process, for a
convenience fee of RM25."


The service consists of two phases, the "E-Tukar Hakmilik
Sementara", where the ownership is transferred to used car dealers, and
"E-Tukar Hakmilik Sukarela", to the eventual buyer.


"In the E-Tukar Hakmilik Sementara phase, all liabilities will fall on the dealers.






"The objective is to protect sellers and thereby absolve them from any
matters pertaining to the car during the "transitional phase" before
being sold to the next owner," she told a press conference after the
company's Annual General Meeting in Kuala Lumpur today.


MyEG will also provide training for used car dealers and finance
companies, as most car ownership transfers usually go through either one
party, and the process will also be more efficient while lowering the
cost.


Meanwhile, on revenue, Norraesah said that currently the highest
contribution was from the RTD, at about 60 per cent. She also said MyEG
would be embarking on a tax service project, whereby a RM40 million
capital expenditure had been allocated to buy equipment to implement it,
along with 100 new kiosks. -- Bernama