NEXG unit inks MoCs to grow business


PETALING JAYA: NEXG Bhd’s wholly- owned subsidiary, Datasonic Global Technologies Sdn Bhd (DGTSB), has entered into three memoranda of collaboration (MoCs) to expand its secure identification solutions business into Bangladesh, Mauritius and Pakistan.

The company said DGTSB signed the separate MoCs yesterday with Galaxy Technology (Bangladesh) Ltd, D3N Ltd of Mauritius and Ultra Electronics Pakistan (Private) Ltd.

Under the agreements, the three parties will act as DGTSB’s marketing arms in their respective territories, leveraging their local networks and market knowledge to identify and secure business opportunities, particularly with government ministries, agencies and state-owned entities.

The parties will also jointly conduct promotional activities, including briefings, seminars, exhibitions, roadshows and presentations, while coordinating approaches to government clients.

NEXG said the collaborations would enable its group to tap business opportunities in the three markets and potentially other mutually agreed territories.

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

Next In Business News

Ringgit opens slightly lower against greenback on stronger US economic data
Bursa Malaysia extends fall as inflationary risks mount
Trading ideas: Paragon Globe, HE, AME Elite, New Hoong Fatt, IHH, Gamuda, Parkson, Cape EMS, LSH Capital, Country Heights, Techna-X, Alam Maritim, Bermaz Auto
LSH Capital gets nod for expressway
ECB to raise rates again as Iran war fans inflation
New F&B earnings story expected for Focus Point
Public projects to bolster construction growth
Budget 2027 allocation likely at RM438bil
Mubadala backs China’s Luckin Coffee chain in US$1bil deal
AME Elite to buy Johor land for RM199.8mil

Others Also Read