NEXG Bhd
MMYX:NEXG0.30
MYR
+0.01
(+1.69%)
NEXG Bhd
MYX:NEXG
(Bursa Malaysia)
Recent
price
0.30
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ratio
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div
yld
- -
ROIC.AI
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- Business
- NEXG Berhad (formerly Datasonic Group Berhad) provides security-based information and communications technology (ICT) solutions primarily in Malaysia; its core offerings encompass customized smart card solutions including large-scale software and hardware systems for secure identification, total smart card personalization such as biometric ID cards, chip-based credit/debit/bank cards, birth certificates, and secure documents; centralized and distributed issuance systems; biometric verification technologies; desktop embossers; manufacturing of cards and booklets; border control solutions; and ICT project management, consultancy, research and development, and technical support services, with operations segmented into customised smart card solutions, manufacturing, and investment holding. The company, founded in 2008 and headquartered at Level 6, Bangunan Setia 1, No. 15 Lorong Dungun, Damansara Heights, 50490 Kuala Lumpur, Malaysia, serves government institutions like the National Registration Department for mission-critical national projects including biometric identity cards and infrastructure for over 56 distributed printing centers and 200 branches nationwide, alongside contracts for foreign worker IDs and international engagements such as a biometric land management system in Guinea. Recent developments include a name change from Datasonic Group Berhad to NEXG Berhad in February 2025; a conditional agreement in November 2024 to acquire a 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad for RM40 million to integrate AI-based production tools, with expected completion in Q2 2025 and profit guarantees of RM2.5 million in FY2025 and RM3 million in 2026; establishment of MyNasional Holdings Sdn Bhd as a dedicated AI and data intelligence subsidiary focusing on digital identity, eKYC verification, business intelligence, and smart analytics in alignment with Malaysia's Digital Economy Blueprint and MyDigital ID roadmap; four government deal extensions secured in July 2025; and an August 2025 acquisition of ordinary shares and warrants in Classita Holdings Berhad to enter new sectors via established platforms.