Datasonic Group Berhad through its subsidiary, PT Datasonic Teknologi Indonesia has signed a sales and purchase agreement with Perum Percetakan Negara Republik Indonesia ("PNRI"), a wholly-owned entity of the Indonesian Ministry of State-Owned Enterprises for the supply of smart cards valued at nearly RM30 million over a period of one (1) to three (3) years.
The group said the collaboration between both parties is a step for Datasonic to strengthen its position as a regional leader in cybersecurity services and smart cards, while PNRI acts as a partner responsible for producing and distributing various printing products for both the central and local governments. Therefore, this collaboration is expected to enhance bilateral relations between Malaysia and Indonesia, as well as demonstrate Datasonic's capabilities in the market, especially outside of Malaysia.
Datasonic Group Berhad is a public-listed company that excels in security printing technology, passport manufacturing, Malaysian identity cards (MyKad), EMV (Europay, Mastercard, and Visa) smart card production, as well as various services related to information and communications technology, and cybersecurity. The largest shareholder is Urusharta Jamaah Sdn Bhd, a wholly-owned company of the Malaysian Ministry of Finance (Incorporated).
Through this agreement, it has expanded its portfolio as an industry leader not only in Malaysia but has also demonstrated the capabilities of Malaysian companies in industries dominated by European-based firms.
