KUALA LUMPUR (Nov 17): NexG Bhd (KL:NEXG) has confirmed the departure of two senior executives, chief operating officer Victor Chin Boon Long and chief strategy officer Jorrine Ang Pei Gaik, effective Sept 30, 2025.
In a brief statement, the technology and security solutions provider said both executives no longer hold any position or authority within NexG or its subsidiaries.
The group also advised stakeholders and partners to verify any communication or representation made on behalf of NexG or its subsidiaries.
NexG, formerly known as Datasonic Group Bhd, is best known for providing secure identity and digital security solutions, including national identification systems, e-passport personalisation and smart card technologies used by government agencies.
These solutions have historically positioned the group as an important player in Malaysia’s public sector digital identity ecosystem.
The company did not disclose the reasons for the leadership changes or indicate whether successors have been appointed, but said that day-to-day operations and strategic plans remain on track.
“NexG remains committed to the highest standards of corporate governance, transparency, and accountability,” the company said. “The board and management will continue to focus on pursuing the group's strategic initiatives, ensuring sustainable long-term growth for shareholders and stakeholders alike.”
NexG received an unusual market activity query from Bursa Securities on Nov 4 after its shares fell to a six-month low on Tuesday.
In response the day after, NexG said it was unaware of any corporate developments, rumours or reports concerning the group’s business and affairs that may account for the unusual market activity.