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NEXG Signs Collaboration Memorandums for ID Business in Bangladesh, Mauritius, Pakistan

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NEXG (KLSE:NEXG) unit Datasonic Global Technologies has signed three memorandums of collaboration to pursue secure ID business in Bangladesh, Mauritius and Pakistan, according to a Tuesday Malaysian bourse filing.

The MOCs were signed with Galaxy Technology (Bangladesh), D3N, and Ultra Electronics Pakistan.

The parties will jointly market NexG's security ID solutions and leverage local networks to pursue opportunities with government agencies and state-owned entities.

The MOCs will remain valid until replaced by formal agreements or ended by mutual consent, the filing said.

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