Datasonic secures RM50.11mil contract from Home Affairs Ministry

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KUALA LUMPUR: Datasonic Group Bhd has secured a contract value RM50.11mil from the Home Affairs Ministry for the provision of MyKad, MyTentera, MyPOCA uncooked playing cards and consumables to the National Registration Department.

In a submitting with Bursa Malaysia, Datasonic mentioned its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB) acquired the letter of award (LoA) from the Home Affairs Ministry.

The contract is for a interval of 12 months commencing from Feb 15, 2022, to Feb 14, 2023.

Under the phrases of the LOA, DTSB was required to furnish a efficiency bond for the quantity of RM2.5mil to the ministry with a two-year validity interval commencing from Feb 15, 2022.

In addition, the corporate additionally must implement the Professional Training & Education For Growing Entrepreneurs (PROTEGE) programme as set by the federal government based mostly on the contract sum with the minimal variety of members of 20 individuals, without charge to the federal government.

Datasonic expects the contract to contribute positively in the direction of the long run earnings and property per share for the monetary yr ending March 31, 2022, and the monetary yr thereafter in the course of the contract.



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