NexG welcomes govt decision not to acquire Datasonic

Datasonic Technologies Sdn Bhd supplies Malaysia's passports and MyKads. The National Security Council recently declined to acquire the company's subsidiary, Datasonic Technologies Sdn Bhd, after being asked to provide an indicative price for a potential takeover. DTSB has been providing MyKads and Malaysian passports since 2012 and is set to continue producing new MyKad variants for several years.

The government, after receiving an indicative price of RM7.5 billion from the publicly-traded company, stated that it was unable to take over DTSB but remains committed to maintaining secure and trusted services for the public. NexG, the parent company of DTSB, expressed gratitude for the government's confidence in DTSB's ability to continue supplying Malaysia's high-security identity cards without compromising security.

NexG highlighted its long-standing track record, supported by experienced local talent and in-house capabilities, which demonstrates its ongoing commitment to delivering identity cards securely and reliably. The company reaffirmed its dedication to upholding the highest standards of security, integrity, and reliability, having successfully maintained these standards for the past 27 years.

NexG emphasized its continued commitment to safeguarding the security and sovereignty of Malaysia's identity cards, working closely with relevant government agencies to enhance security features and ensure Malaysians' identities remain safe and protected.