State & Local News
NexG CEO Withdraws Suit Amid Board Changes in Malaysia
March 17, 2026
Datuk Abu Hanifah Noordin, Executive Chairman and CEO of NexG Bhd, has withdrawn his legal suit against former board members following their mass resignation amid a boardroom dispute. The conflict centered on Hanifah's suspension, which he attributed to his opposition to subcontracting NexG's government contracts to third parties. Recent developments have restored his executive powers and led to the appointment of new directors. NexG holds significant government contracts valued at RM2.46 billion for supplying Malaysian passports and identification cards, making these leadership changes critical for contract continuity and execution.
- Why this matters: Stability in NexG's leadership is essential for maintaining progress on large-scale government identity document contracts.
- Procurement professionals should monitor NexG's governance as it may impact contract performance and subcontracting decisions.
- Contractors and suppliers may find new opportunities or changes in subcontracting strategies as the company restructures its board.
- Organizations engaged in Malaysian government identity projects should assess potential impacts on timelines and partnership arrangements.
Hanifah claimed that he was suspended following his opposition to the board27s proposal to subcontract the company27s government contracts to third parties.
— Datuk Abu Hanifah Noordin
Vendors
Velocity Capital Sdn Bhd
Contracts
RM2.46 billion
Locations
Sources
- NexGβs Abu Hanifah withdraws suit against ex-board members · The Edge Malaysia · Mar 17