Datasonic Group Berhad 24 Management Discussion & Analysis Datasonic takes pride that we have been the sole provider of passport solutions to the Immigration Department of Malaysia since 2016 with an excellent track record. We are grateful for the continuous trust given to us by the Government and will continue to leverage on our expertise, technical know-how and experience to provide exceptional and timely delivery services as we play our part in our country’s national security. Separately, early this year, we have won a RM50.1 million job for the supply of MyKad, MyTentera, MyPOCA raw cards and consumables to National Registration Department for a duration of 12 months and another RM22.5 million contract to provide the services of design, print, supply and deliver of various security documents for a period of 36 months. These wins brought our outstanding order book to RM435 million as at 31 March 2022, providing Datasonic with clear earnings visibility for the coming years. Despite the challenging operating landscape, we remain laser-focused on our research and development (“R&D”) and continuously invest in it. R&D is deeply ingrained in Datasonic, as it enables us to remain at the forefront of our industry while maintaining and enhancing our competitive edges. We are proud that most of our systems and solutions were developed in-house by our more than 100 highly capable R&D and technical staff. Plus, being a past winner of the prestigious Malaysia Cyber Security Company of the Year keeps us motivated to drive greater innovation at Datasonic. In FY2022, Datasonic’s R&D continued to take new steps forward in the innovation front. We have been developing the Electronic Know Your Customer (“eKYC”) system by leveraging on our highly capable inhouse R&D capabilities to test and replicate real industrial demand. We see ample opportunity in this area, which is in line with the acceleration of digital transformation adoption worldwide including Malaysia. Order Book Value RM435 million as at 31 March 2022 Selected System / Solution Developed In-House Strong R&D with Own Patented Solutions Proprietary Smart Card Operating System (with one of the highest certification in the industry) Centralised and Decentralised Smart Card Issuance System ICAO-compliant e-Passport Solutions and Application Systems Financial Instant Issuance (FII) Credit Card Issuance System Automated Multimodal Biometric Border Control System (Facial, Fingerprint, Iris / Eye Recognition) Figure 2: Selected system/solutions developed in-house by Datasonic
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