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KUALA LUMPUR: Datasonic Group Bhd's new arrangement with the government is a win-win solution for both parties as it will recalibrate the quantity of chip supply while leaving the total contract sum unchanged, says RHB research.
PETALING JAYA: The prospects of Datasonic Group Bhd, which saw a change at the helm last Friday, are expected to improve after securing a new scope of work under an existing passport-chip supply contract with the government.
CAMBODIAN Prime Minister Hun Sen stood out in regional diplomacy this month as he became the first foreign leader to visit Beijing amid fears over the highly contagious and deadly coronavirus (Covid-19) outbreak that is hitting Wuhan and other parts of China.
KUALA LUMPUR: Off the back of strong third-quarter earnings results, Datasonic Group Bhd says it has a positive outlook on its current financial year ending March 31,2020.
PETALING JAYA: Datasonic Group Bhd deputy managing director Chew Ben Ben has clarified that the company’s ability to secure its contract to supply passport chips to the government was based on merit.
KUALA LUMPUR: Shares of Datasonic Group Bhd tumbled to a low of 68.5 sen in morning trade on Tuesday, forcing Bursa Malaysia to suspend the short-selling activities, the second time since last week.
BANGKOK: Thailand’s stocks slid the most since the global financial crisis as investors dumped riskier assets amid a global equity rout.
LOS ANGELES: A clampdown on European travel to the United States will heap more pressure on airlines already reeling from the coronavirus pandemic, analysts said, raising the odds of government relief packages as billions of dollars of tourist spending vanish.
Lockdown and travel restrictions implemented by many countries, including Malaysia, impact the mobility of personnel immensely. Unintended tax consequences are imminent.