Friday 02 Jun 2023
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KUALA LUMPUR (Sept 30): Dagang NeXchange Bhd (DNeX) has bagged a RM47.17 million job in relation to the MyGov Cloud @ PDSA government data centre project in Putrajaya.

In a filing with Bursa Malaysia, DNeX said its wholly-owned subsidiary DNEX Solutions Sdn Bhd accepted the letter of award on Sept 15.

The contract, which has a tenure of 37 months, started on Sept 22 and is expected to conclude on Oct 23, 2023.

Barring any unforeseen circumstances, it expects the contract to contribute positively to the group's consolidated earnings, earnings per share and net assets per share throughout the contract period.

DNEX Solutions is principally involved in providing expertise in IT project management and consultancy, the supply of ICT hardware equipment, maintenance and asset management.

DNeX's share price closed unchanged at 17.5 sen, valuing it at RM307.67 million. The stock has rebounded over 100% from its March low of eight sen. However, it is still lower than the 28 sen recorded on Jan 2.

Edited ByLam Jian Wyn
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