NexG Bhd, a leading technology and security solutions provider, has recently faced a significant leadership transition. The company confirmed the departure of two key executives, Chief Operating Officer Victor Chin Boon Long and Chief Strategy Officer Jorrine Ang Pei Gaik, effective September 30, 2025. This move has sparked curiosity among stakeholders, especially given the company’s reputation in the Malaysian public sector digital identity ecosystem.
In a statement, NexG assured its stakeholders that both executives no longer hold any positions or authority within the company or its subsidiaries. The group also advised stakeholders to verify any communications or representations made on their behalf. This emphasis on transparency is a testament to NexG’s commitment to corporate governance and accountability.
Historically, NexG, formerly known as Datasonic Group Bhd, has been renowned for its secure identity and digital security solutions. These solutions include national identification systems, e-passport personalisation, and smart card technologies, which are widely used by government agencies in Malaysia. The company’s expertise has positioned it as a crucial player in the country’s public sector digital identity ecosystem.
Despite the leadership changes, NexG assures that day-to-day operations and strategic plans remain on track. The company remains dedicated to its core values of corporate governance, transparency, and accountability. The board and management will continue to focus on the group’s strategic initiatives, ensuring sustainable long-term growth for shareholders and stakeholders.
The recent market activity, including a query from Bursa Securities on November 4, followed a significant drop in NexG’s share price to a six-month low on November 3. NexG promptly addressed these concerns, stating that they were unaware of any corporate developments, rumors, or reports that could explain the unusual market activity. This swift response highlights the company’s commitment to transparency and its proactive approach to addressing market concerns.
As NexG navigates this leadership transition, stakeholders are encouraged to stay informed and verify any communications. The company’s dedication to corporate governance and transparency will be crucial in maintaining its position as a trusted provider of digital security solutions in Malaysia.