Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Malaysia Rules Out $1.9 Billion Takeover of Passport Supplier
Politics

Malaysia Rules Out $1.9 Billion Takeover of Passport Supplier

Bloomberg Markets Sunday 23 August 2026, 01:51 UTC By Netty Ismail 1 min read
Key Points

Malaysia Rules Out $1.9 Billion Takeover of Passport Supplier Malaysia’s government has ruled out a potential acquisition of Datasonic Technologies Sdn., which supplies the country’s passports and national identity cards. The government has decided not to acquire Datasonic Technologies even as it continues to explore measures to safeguard the “security and sovereignty” of citizens’ identities while ensuring value for public spending, the National Security Council said in a statement late...

Malaysia Rules Out $1.9 Billion Takeover of Passport Supplier Malaysia’s government has ruled out a potential acquisition of Datasonic Technologies Sdn., which supplies the country’s passports and national identity cards. The government has decided not to acquire Datasonic Technologies even as it continues to explore measures to safeguard the “security and sovereignty” of citizens’ identities while ensuring value for public spending, the National Security Council said in a statement late Saturday.
Malaysia Rules Out (ORG) Passport Supplier Malaysia Rules (ORG) Passport Supplier Malaysia (ORG) Datasonic Technologies Sdn. (ORG) Datasonic Technologies (ORG) the National Security Council (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Quake-prone Indonesia’s first nuclear power plant plan stokes safety fears

Coal-dependent Indonesia is reviving decades-old plans to build nuclear power plants that were put on hold following the 2011 Fukushima nuclear disaster in Japan, as it seeks to meet its decarbonisation targets. Some members of the public and experts, however, have voiced concerns about the risks of a nuclear disaster in the quake-prone country, despite one of the leading candidate sites being an uninhabited island considered not to be in an active seismic zone. The government began...

South China Morning Post 2m ago

Tributes flow for 'formidable' ex-Nationals WA leader after his death

Tributes flow for former Nationals WA leader Max Trenorden after his death Former Nationals WA leader Max Trenorden, who served in state parliament for more than a quarter of a century, has been remembered as a champion for his community and regional WA following his death. Mr Trenorden, 78, led the Nationals from 2001 to 2005, and was deputy leader of the opposition coalition under the Liberal leadership of Colin Barnett in 2004 and 2005. Nationals WA president Paul Gillett honoured Mr...

ABC Australia 9m ago

Mayors to get powers to overrule local councils on planning decisions

Housing minister Matthew Pennycook said the change was "essential" for helping mayors "effectively deliver new homes".

BBC News 43m ago

Amid tensions with Hegseth, US Army secy Dan Driscoll to step down by year-end

US Army secretary Dan Driscoll is expected to step down from his position by the end of 2026, or possibly earlier, following months of tension with US defence secretary Pete Hegseth, according to people familiar with the discussions cited by The Wall Street Journal. A separate report by The Hill also said Driscoll is looking to leave his role around the end of 2026. One source familiar with the discussions told the outlet that Driscoll has previously indicated that 23 to 24 months is the...

Times of India 1h ago