Datasonic gets one year extension to supply 6.1m MyKad

  • Corporate News
  • Thursday, 16 Jan 2020

KUALA LUMPUR: Datasonic Group Bhd has secured a one-year extension from the government to supply 6.1 million MyKad raw cards and MyKad consumables.

It announced on Thursday its unit had received a letter of extension from the National Registration Department (NRD) for the period from Jan 1 to Dec 31,2020.

To recap, on May 10,2016 it had received a contract to supply 12 million MyKad raw cards and MyKad consumables for three years and six months, starting from July 1,206 to Dec 31,2019.

“Due to much better quality of the new MyKad raw cards and chips, there were much lower replacement of faulty chips and peel-off of MyKad cards.

“As a result, during the contract period of 3½ years, NRD only ordered 5.9 million (49.17%) of the 12 million units of MyKad raw cards with huge savings to the government, ” it said.

Under the terms of the letter of extension, there will be no change to the value of items, quantity and value of the contract.

Datasonic said the contract was expected to contribute positively towards the future earnings and net assets per share of the group for the financial year ending March 31,2020 and the financial year thereafter for the duration of the contract.

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Datasonic , MyKad , raw cards , extension


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