NSC blocks Datasonic takeover, vows to shield MyKad and passport identity under strict oversight
PUTRAJAYA, Aug 22 — The Madani Government does not plan to buyout Datasonic Technologies Sdn Bhd (DTSB), a company...
PUTRAJAYA, Aug 22 — The Madani Government has no intention of acquiring Datasonic Technologies Sdn Bhd (DTSB), a firm offering identity-related services, as reported by the National Security Council (MKN). The MKN's assertion stems from media coverage concerning the potential takeover of DTSB. According to the statement, safeguarding the nation's identity is of paramount strategic importance to the government, thus ensuring security and sovereignty remains a top priority.
The MKN's approach to managing this situation involves a comprehensive framework covering legal, financial, governance, and security dimensions. Additionally, the government remains committed to exploring and implementing robust strategies aimed at preserving the safety and sovereignty of the people's identity, all while maximizing the value derived from each ringgit spent.
Furthermore, the government is dedicated to ensuring that the service providers, such as DTSB, continue to enhance their offerings, maintaining a high standard of safety and reliability for the Malaysian populace. Prior to this, on August 20, NexG Bhd reported the valuation of its wholly-owned subsidiary DTSB at around RM7.5 billion following a government request for an indicative price for a possible acquisition.
DTSB is the current provider of MyKad cards and has been supplying passports that meet International Civil Aviation Organisation (ICAO) standards since 2012. The company is also responsible for the new MyKad structure, MyTentera, and MyPOCA, with a multi-year supply commitment.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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