Kerajaan tak ambil alih pembekal pasport Datasonic

Malaysia will not assume control of identity document and passport provider Datasonic Technologies Sdn Bhd (DTSB), according to the Majlis Keselamatan Negara (MKN). The decision comes after financial authorities considered a proposal for DTSB's takeover, with an initial price tag of RM7.5 billion. The MKN said the government's efforts to ensure public safety and identity integrity are through legislative, financial, administrative, and security frameworks.

The news of a takeover proposal for DTSB, which provides identity-related services, has prompted the government to decide against taking over the company. MKN stated that the government is always exploring and examining proactive and effective strategies to achieve the objectives of public safety and identity integrity. These strategies must provide the best value for every ringgit spent.

NexG Bhd, Datasonic Technologies' parent company, informed Bursa Malaysia that their subsidiary was asked during a meeting with the Ministry of Finance in July to provide an indicative price for a potential takeover. NexG stated that the RM7.5 billion indicative price is based on an internal assessment by its managers and not a free assessment, transaction valuation, or firm offer. Any transaction is subject to further discussions and consultations between relevant parties, and possibly a free valuation, if appropriate.

In 2025, DTSB will be awarded two six-year contracts worth approximately RM2.5 billion each to supply Malaysian passports and MyKad until 2032.