datasonic bags rm292.2mil contract to supply mykad - polycarbonate material

Kuala Lumpur: The data Group Bhd has received a rm292.
The group told Bursa Malaysia on Friday that the Interior Ministry's 2mil contract would supply MyKad.
The group said that from January 1-20, 2014 to June 30, it will provide 4 million new raw materials, MyKad, to the state registry, which includes 100% polycarbonate materials and new safety functions for a period of six months.
Subsequently, it will provide 10 million MyKad with the same functionality to the national registry for two years, from July 1-20, 2014 to June 30, for two years. 2mil.
"It is expected that these contracts will make a positive contribution to the future income of the data group and net assets per share for the financial period ending March 31, 2015, and thereafter for the financial period within the duration of the contract, there will be no impact on the share capital and the shareholding of major shareholders of the Datasonic Group, "the company said.