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KUALA LUMPUR: Shares of once controversial Iris Corp Bhd surged 2.5 sen to 23.5 sen, its highest in about two years, following the entry of Federal Land Development Authority (Felda) as a substantial shareholder.
Over the last few days, hundreds of global financial and surveillance experts had converged on Kuala Lumpur to share ideas on how to combat the menace of money laundering (ML) and terrorist financing (TF).Over the last few days, hundreds of global financial and surveillance experts had converged on Kuala Lumpur to share ideas on how to combat the menace of money laundering (ML) and terrorist financing (TF).
PETALING JAYA: Datasonic Group Bhd, the company that supplies the government with its electronic passport materials, is hoping that its track record built up so far in the domestic market would pave the way for it to venture abroad.
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has clarified Datasonic Group Bhd is not under probe relating to the supply of 12.5 million chips for the Malaysian passport.
THE stigma of Iris Corp Bhd may be hard to forget. Recall in 2006 when the passport-chip maker was in the crosshairs of the Securities Commission which designated the stock after the speculative frenzy that sent the company’s shares from 8.5 sen to RM1.37 within a few months.
KUALA LUMPUR: Datasonic Group Bhd, which has already bagged a RM318.75mil contract to supply Malaysian passport chips, on Wednesday secured a RM223.38mil deal from the Home Affairs Ministry to supply Malaysian passport documents over the same five-year period starting Dec 1, 2016, or 13.416 million units.