DNeX wins RM103.76mil job to support government's management system
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) subsidiary Innovation Associates Consulting Sdn Bhd (IAC) has secured a contract from the Finance Ministry to continue supporting the integrated government financial and management system (iGFMAS) system.
The contract, valued at RM103.76 million and spans over 60 months, covers the maintenance, support services and application enhancement of iGFMAS.
iGFMAS plays a central role in ensuring the efficient, secure, and transparent management of federal government finances.
The system enables the preparation of the federal government financial statements based on modified cash and accrual accounting.
DNeX group chief executive officer Faizal Sham Abu Mansor said the contract underscores its full commitment to the government and the ministry's continued confidence in the group's technical expertise, proven delivery track record and strategic role in national digital transformation.
This will allow DNeX to build on its strong foundation and deepen its involvement in supporting the digital transformation of Malaysia's public sector.
"This contract allows us to build on our existing foundation and further enhance the platform to meet the evolving financial governance needs of Malaysia.
"We are in full alignment with the government's aspiration of having government services to be agile in adapting to technology and digital means as a way to better serve the Malaysian public," he said in a statement.
DNeX, through its IT segment, continues to support the Malaysian government with key digital infrastructure, backed by a team of 400 technical staff and 16 specialists in big data and artificial intelligence (AI).
The group plans to expand globally and explore emerging technologies such as SAP S/4HANA, AI, cybersecurity and mobile apps.
Its IT arm includes Dagang Net, IAC, DNeX Solutions and the joint venture Gamuda DNeX Cloud, providing integrated digital solutions for both public and private sectors.
DNeX said the new contract enhances income visibility while strengthening its position as a trusted provider of end-to-end digital solutions in support of Malaysia's long-term public sector digital transformation agenda.
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KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) subsidiary Innovation Associates Consulting Sdn Bhd (IAC) has secured a contract from the Finance Ministry to continue supporting the integrated government financial and management system (iGFMAS) system. The contract, valued at RM103.76 million and spans over 60 months, covers the maintenance, support services and application enhancement of iGFMAS. iGFMAS plays a central role in ensuring the efficient, secure, and transparent management of federal government finances. The system enables the preparation of the federal government financial statements based on modified cash and accrual accounting. DNeX group chief executive officer Faizal Sham Abu Mansor said the contract underscores its full commitment to the government and the ministry's continued confidence in the group's technical expertise, proven delivery track record and strategic role in national digital transformation. This will allow DNeX to build on its strong foundation and deepen its involvement in supporting the digital transformation of Malaysia's public sector. "This contract allows us to build on our existing foundation and further enhance the platform to meet the evolving financial governance needs of Malaysia. "We are in full alignment with the government's aspiration of having government services to be agile in adapting to technology and digital means as a way to better serve the Malaysian public," he said in a statement. DNeX, through its IT segment, continues to support the Malaysian government with key digital infrastructure, backed by a team of 400 technical staff and 16 specialists in big data and artificial intelligence (AI). The group plans to expand globally and explore emerging technologies such as SAP S/4HANA, AI, cybersecurity and mobile apps. Its IT arm includes Dagang Net, IAC, DNeX Solutions and the joint venture Gamuda DNeX Cloud, providing integrated digital solutions for both public and private sectors. DNeX said the new contract enhances income visibility while strengthening its position as a trusted provider of end-to-end digital solutions in support of Malaysia's long-term public sector digital transformation agenda.
