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NexG Slumps After Malaysia Rules Out $1.9 Billion Unit Buyout

1 source ·1 article ·Aug 23, 01:51 UTC

Shares of NexG Bhd. fell the most in more than nine months after Malaysia’s government ruled out a potential acquisition of its unit Datasonic Technologies Sdn., which supplies the country’s passports and national identity cards.

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Bloomberg 1

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Bloomberg Markets ·Aug 23, 01:51 UTC

NexG Slumps After Malaysia Rules Out $1.9 Billion Unit Buyout

Shares of NexG Bhd. fell the most in more than nine months after Malaysia’s government ruled out a potential acquisition of its unit Datasonic Technologies Sdn., which supplies the country’s passports and national identity cards.