Datasonic Group Bhd, via its wholly-owned unit Datasonic Technologies Sdn Bhd, has signed a memorandum of understanding (MOU) with Sudan Currency Printing Press Co Ltd.

The MOU is for the partnership to implement the electronic national identity card, e-passport and land transportation ICT and smartcard system projects in the Republic of Sudan.


Our mykad done by this company is so-so quality, how will the Sudanese IC card will be

First interim single-tier tax exempt dividend of 7.5 cents per ordinary share for the financial year ending 31 December 2013

EX-date 15/11/2013
Entitlement date 19/11/2013
Payment date 29/11/2013

crony company

Datasonic net profit triples to RM23.4mil

Datasonic Group Bhd’s net profit for its third quarter ended Sept 2013 almost tripled to RM23.44mil from RM8.13mil a year ago due to higher revenue and cost management.

Its revenue for the quarter rose 30.6% to RM69.9mil from RM53.5mil a year ago from the supply of smartcards.

Earnings per share stood at 17.37 sen against 6.02 sen a year ago.

For its year-to-date, the group’s net profit more than doubled to RM59mil from RM24.3mil a year ago while revenue rose 37% to RM188.1mil from RM136.7mil a year ago.

Moving forward, the group said its prospect are positive as the group is expected to continue to perform better in the remaining period, barring any unforeseen circumstances.

I donno what to say

Datasonic wins RM5.4m Penang Municipal Council CCTV contract

Datasonic Group Bhd announced that its wholly-owned subsidiary Datasonic Technologies Sdn Bhd (DTSB) had won a RM5.4 million contract from the Penang Municipal Council (Majlis Perbandaran Pulau Pinang).

In a statement to the exchange today, Datasonic said DTSB was required to supply, install and maintain closed-circuit television (CCTV) cameras in Penang.

The CCTV contract commences from April 8, 2014 to July 28, 2020.

"The contract is expected to contribute positively towards the future earnings and net assets per share of Datasonic group for the financial period ending 31 March 2015 and the financial periods thereafter for the duration of the contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Datasonic group," the company said.

No surprise
juz google image abu hanifah bin noordin (who is the major shareholder)

If I remember correctly, the sale of BMW/Merz & others "luxury" car already increase. Even Ferrari & Lamborghini sales are up

tis company got bid for the Fuel subsidy Project thingy?
In newspaper, I only see MyEg, Iris, MOL Access & another Private company (ex-minister link)

http://www.nst.com.my/node/6283

2 more join forces for fuel subsidy plan

Pos Malaysia Berhad and Datasonic Group Berhad, have joined forces in their bid to secure the concession from the government to manage the impending Fuel Subsidy Rationalisation Programme, it emerged yesterday.

The two companies, a source said, had submitted their proposal via Fuelsubs House Sdn Bhd, a company they formed as the vehicle to manage the programme.

“Pos Malaysia and Datasonic are also using their vehicle (Fuelsubs House) as a project manager and service provider (for the scheme),” the source told.

“The national postal company (Pos Malaysia) plans to utilise their logistic strength of more than 700 post offices nationwide to manage subsidised fuel applications from Malaysians.

“Datasonic, meanwhile, will utilise their expertise in smart card (such as secure ID or chip-based credit, debit and bank cards).”

Fuelsubs House had proposed to use the MyKad and Fleet Card as the platforms for the distribution of subsidised fuel.

“The company has also suggested that their mechanisms will not require big funding from the government and can be implemented almost immediately due to the usage of the existing MyKad and Fleet Card.”

The source said the company did not ask to be given total ownership and control over database and confidential personal data for them to manage the scheme.

“They have suggested that the data to remain under government agency, National Subsidy Corporation Bhd.”

See how strong the "connection" @ $$ for "u know who" is

rm4?