Datasonic gets additional RM31.39mil contract


KUALA LUMPUR: Datasonic Group Bhd’s wholly owned subsidiary Datasonic Technologies Sdn Bhd (DTSB) has received an additional RM31.39mil contract from the Home Affairs Ministry for the supply of the Malaysian passport chip.

In a filing with Bursa Malaysia, the smart card and machine-readable passport maker said the original contract value was RM318.75mil and the additional contract value was RM31.39mil, making the total contract ceiling value to RM350.14mil.

The changes in the new contract involve the maintenance services of equipment, software and system application for public key infrastructure and public key development for 2022 and 2023.

It also involves the maintenance services of equipment, software and chip system application for local and overseas and maintenance services of equipment, software and e-gate system applications for Malaysian and pre-read kiosks for 2022 and 2023.

“Under the terms of the Letter, DTSB is required to furnish a performance bond for the amount of RM3.18mil to the Home Affairs Ministry with the validity period be extended until Nov 30, 2024,” it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say

Others Also Read