NexG’s surprise curve: From secure tech to sheer confusion?


WHAT could a technology firm offering security-based solutions possibly know about lingerie production and property development?

This was surely the question on the minds of investors in NexG Bhd – formerly Datasonic Group Bhd – which announced the acquisition of a 32.61% stake and 414.31 million warrants in Classita Holdings Bhd – formerly Caely Holdings Bhd – on Aug 8.

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