KUALA LUMPUR (Oct 3): NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, has secured a six-year contract worth RM732.72 million to supply Malaysia's national identity cards, including MyKad and MyTentera, from the Ministry of Home Affairs.

The contract will start from June 1, 2026 and last till May 31, 2032, NexG said in a statement Friday.

The identity cards, to be supplied to the National Registration Department, include the special card issued under the Prevention of Crime Act, MyPoca.

NexG, which has been a provider of MyKad solutions since 1999, said in a statement that the government will introduce "a next-generation upgraded MyKad" under this contract to strengthen identity security and accelerate Malaysia's digital transformation.

"The upgraded MyKad is not just an identity card, but a secure national digital key and the foundation of Malaysia’s digital footprint. With enhanced durability and multi-layered security features, it is designed to resist forgery, protect against tampering, and ensure long-term reliability while enabling the rakyat to participate securely in the digital economy," NexG said.

The upgraded identity cards are expected to help Malaysians access tiered and targeted subsidies across fuel, food, transport, education and welfare, and provide a secure and transparent delivery of financial aid and welfare benefits while reducing the risk of fraud or leakage, it said.

Besides providing the holders the ability to perform digital transactions and biometric verifications for digital transactions, the upgraded cards will allow the holders easier access to government services digitally, such as permit applications and renewals.

The upgraded MyKad is also expected to integrate with healthcare, transport and smart city systems, enabling one card to unlock multiple essential services.

This contract win comes after NexG secured a separate six-year RM1.73 billion contract from the Home Ministry on Aug 29 to supply Malaysian passports.

“Coupled with the RM1.73 billion passport contract, the back-to-back award of these two national ID projects gives NexG long-term earnings visibility and stability for at least the next six years, said its executive chairman and group chief executive officer Datuk Abu Hanifah Noordin.

NexG shares closed half a sen or 0.97% higher at 52 sen on Friday, valuing the group at RM1.93 billion.