NexG welcomes govt decision not to acquire Datasonic
KUALA LUMPUR: NexG Bhd has welcomed the government’s decision not to acquire its subsidiary, Datasonic Technologies Sdn Bhd (DTSB), after being asked to submit an indicative price for a possible acquisition of the company.
DTSB is the provider of MyKads and has been the vendor of Malaysian passports compliant with International Civil Aviation Organisation standards since 2012.
It is also set to produce the new MyKad MyTentera and MyPOCA, with supply commitments extending over several years.
After the public-listed company suggested an indicative price of RM7.5 billion based on its internal assessment, the National Security Council (MKN) said yesterday the government was in no position to take over DTSB, but remained committed to ensuring that all parties involved continue to provide secure and trusted services to the people.
In a statement today, NexG thanked the government for its confidence in DTSB’s continued ability to supply Malaysia’s high-security identity cards without compromising security.
The company said its long-standing track record, supported by experienced local talent and in-house capabilities, demonstrated its ability to continuously deliver identity cards securely and reliably.
“DTSB remains fully committed to upholding the highest standards of security, integrity and reliability, as it has successfully done for the past 27 years,” it said.
“NexG will continue to safeguard the security and sovereignty of Malaysia’s identity cards without compromise, while working closely with relevant government agencies to continuously enhance their security features and ensure Malaysians’ identities remain safe and protected.” - BERNAMA 23 August 2026