Datasonic secures extensions to passport provide contracts


KUALA LUMPUR: Datasonic Group Bhd‘s unit has acquired extensions on its contracts for the availability of Malaysian passport chips, paperwork and polycarbonate biodata pages to the House Affairs Ministry.

The ICT options supplier mentioned in a bourse submitting that the unique three contracts, awarded to Datasonic Group Applied sciences Sdn Bhd, had been attributable to expire on Nov 30, 2021, however had been prolonged for twenty-four months to Nov 30, 2023.

There was no change to the amount of the gadgets provided or the worth of the contracts, which involves a mixed RM812.84mil.

Datasonic mentioned the contracts are anticipated to contribute positively in direction of its future earnings and web belongings per share for the monetary yr ending March 31, 2020, and therafter at some point of the contracts.

At 3.30pm, the inventory was buying and selling one sen or 2.06% decrease at 47.5 sen a share for a market capitalisation of RM1.28bil.

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