Acquiring Company
Malaysian Government
Acquired Company
Datasonic Technologies Sdn Bhd
PutrajayaKuala LumpurNon ProfitGovernmentManufacturingInformation TechnologySecurityDocument ManagementDescription
The Malaysian Government has requested an indicative price for a potential acquisition of Datasonic Technologies Sdn Bhd, a wholly-owned subsidiary of NexG Bhd. NexG considers this subsidiary its core business, significantly contributing to its revenue. The preliminary assessment values DTSB at approximately RM7.5 billion. This acquisition could reshape NexG's operational landscape as DTSB is pivotal to its future growth.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Datasonic Technologies Sdn Bhd?
Datasonic Technologies Sdn Bhd was acquired by Malaysian Government, based in Putrajaya. The deal was reported on August 20, 2026. The Malaysian Government is the federal government of Malaysia. It is responsible for making decisions on national policies and managing the country's affairs. Malaysian Government is privately held and operates in Non Profit.
When did Malaysian Government acquire Datasonic Technologies Sdn Bhd?
Malaysian Government's acquisition of Datasonic Technologies Sdn Bhd was reported on August 20, 2026. The Malaysian Government has requested an indicative price for a potential acquisition of Datasonic Technologies Sdn Bhd, a wholly-owned subsidiary of NexG Bhd. NexG considers this subsidiary its core business, significantly contributing to its revenue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Datasonic Technologies Sdn Bhd do?
Datasonic Technologies Sdn Bhd is a subsidiary of NexG Bhd. The company specializes in secure document manufacturing and technology services. It plays a crucial role in producing identity documents and solutions in Malaysia. It is privately held, operating in Manufacturing, and is based in Kuala Lumpur.
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