Malaysia’s government is considering a potential acquisition of Datasonic, a supplier involved in the country’s passport operations, according to statements from Datasonic’s parent company. NexG Berhad says the finance ministry has asked it to provide an indicative price for a possible buyout.
NexG Berhad says the request comes from a meeting held in July, where the company was asked to estimate pricing. The reports also indicate that the government is still in the weighing stage, without a stated decision, terms, or timeline publicly confirmed. The coverage centers on NexG’s disclosure to investors rather than on any separate announcement from the government. Other details on the scope of the buyout and the specific stage of negotiations are not provided in the available accounts.
