Congratulations! It means that you have to come to Malaysia now. Download the eVAL and book your ticket etc.. Once you are here you will have to send a photocopy of your passport showing the entry stamp (Date of entry showing that you have not overstayed the duration you received when you arrived). Makes sense?
Now EMGS sends your passport to Immigration for the student pass sticker (assuming you’ve done all the medical check). Next, you just have to go ahead with your life/classes etc and wait for Immigration. You’ll get a notification when it’s ready for collection