Business : NexG Reverts Its Name To Datasonic On Bursa Malaysia From Oct 7
KUALA LUMPUR, Oct 5 (Bernama) -- NexG Bhd has reverted to its former name Datasonic Group Bhd after its shareholders approved the proposed name at its recent annual general meeting on Sept 30.
Datasonic Group Bhd, Malaysia's passport and MyKad supplier, has returned to its original name, Datasonic Group Bhd. The change was approved by shareholders at the company's annual general meeting on September 30, according to a filing with Bursa Malaysia. Starting October 7, NexG Bhd, the parent company, will be traded and quoted under its new name while maintaining the same stock code.
The Malaysian government had been considering purchasing Datasonic Technologies Sdn Bhd, a subsidiary of Datasonic Group Bhd, for approximately RM7.5 billion. However, the acquisition plan was abandoned. Datasonic Technologies has been providing MyKads and manufacturing Malaysian passports compliant with International Civil Aviation Organisation standards since 2012.
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- Passport supplier NexG reverts to former name, Datasonic freemalaysiatoday.com
