Latest news with #FaizalShamAbuMansor
New Straits Times
2 hours ago
- Business
- New Straits Times
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.
The Star
3 hours ago
- Business
- The Star
DNeX wins RM104mil contract from MoF
PETALING JAYA: Dagang Nexchange Bhd (DNeX) has secured a contract from the Ministry of Finance Malaysia to continue providing support for the Integrated Government Financial and Management System (iGFMAS), worth RM103.76mil. In a filing with Bursa Malaysia, the technology company said the iGFMAS is a key digital backbone of the country's public finance operations. 'Spanning across 60 months, the contract covers the maintenance, support services, and application enhancement of iGFMAS, reaffirming DNeX's pivotal role in managing one of the country's most critical government financial systems.' DNeX said the 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's financial statements based on modified cash and accrual accounting. 'This new contract enhances income visibility while strengthening DNeX's position as a trusted provider of end-to-end digital solutions in support of Malaysia's long-term public sector digital transformation agenda,' the company said. DNeX group chief executive officer Faizal Sham Abu Mansor said the new contract underscores the group's 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. He said this will allow DNeX to build on its strong foundation and deepen its involvement in supporting the digital transformation of Malaysia's public sector.
The Star
13-05-2025
- Business
- The Star
DNeX secures US$1.8mil contracts, supporting hajj pilgrimage experiences
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX), via its subsidiary Dagang Net Technologies Sdn Bhd, has secured contracts worth US$1.8 million to provide site facilitation and supply of technical and technological equipment at six international sites in Malaysia, Indonesia, and Turkiye. These contracts were secured via its involvement in Saudi Arabia's Makkah Route initiative for 2025, supporting a seamless hajj pilgrimage experience for muslims worldwide, it said in a statement. "The six sites involved are KLIA Terminal 1 (Malaysia), Soekarno-Hatta International Airport (Jakarta, Indonesia), Juanda International Airport (Surabaya, Indonesia), Adi Soemarmo Airport (Solo, Indonesia), Istanbul Airport (Istanbul, Turkiye) and Ankara Esenboga Airport (Ankara, Turkiye),' said the company. DNeX's group chief executive officer Faizal Sham Abu Mansor said that securing the same six sites for 2025 is a testament to the trust placed by Saudi Arabia in the company's capabilities and commitment. "Our ongoing collaboration with authorities in Malaysia, Indonesia, and Turkiye also reflects our dedication to operational excellence in international partnerships,' he said. According to the statement, the Makkah Route Initiative is spearheaded by Saudi Arabia's Ministry of Interior, in collaboration with several other government entities, with DNeX having been involved in the project since 2019. This initiative continues under the commission of Elm Company, a Saudi government-owned entity under the Public Investment Fund, the investment arm of the Saudi Ministry of Finance. Moving forward, DNeX is optimistic about securing additional sites in the next hajj season, after securing six of the 11 global Makkah Route sites this year. "The company also plans to deepen its collaboration with Elm Company, exploring opportunities in transportation and security, in line with its strategy to expand involvement in international government technology and infrastructure projects,' it added. - Bernama
The Sun
13-05-2025
- Business
- The Sun
DNeX secures Makkah Route contracts for 2025
CYBERJAYA: Dagang NeXchange Bhd (DNeX), through wholly owned subsidiary Dagang Net Technologies Sdn Bhd secured contracts with a cumulative value of US$1.8 million (RM7.7 million). The contracts involve providing site facilitation and supplying technical and technological equipment across six international locations in Malaysia, Indonesia, and Turkiye. This reaffirms the company's strategic role in facilitating the seamless hajj pilgrimage experience for Muslims worldwide, as the company continues its involvement in Saudi Arabia's Makkah Route initiative for 2025. DNeX's group CEO Faizal Sham Abu Mansor said the company is honoured to continue contributing to this journey and facilitating the hajj pilgrimage through the initiative. 'Securing the same six sites for 2025 is a testament to the trust placed by Saudi Arabia in our capabilities and commitment. 'Our ongoing collaboration with authorities in Malaysia, Indonesia, and Turkiye also reflects our dedication to operational excellence in international partnerships,' he said. The six sites involved are KUL-KLIA Terminal 1 (Malaysia), CGK–Soekarno–Hatta International Airport (Jakarta, Indonesia), SUB-Juanda International Airport (Surabaya, Indonesia), SOC-Adi Soemarmo Airport (Solo, Indonesia), IST-Istanbul Airport (Istanbul, Türkiye) and ESB-Ankara Esenboğa Airport (Ankara, Türkiye). This initiative continues under the commission of Elm Company, a Saudi government-owned entity under the Public Investment Fund, the investment arm of the Saudi Finance Ministry. The company is a pivotal digital solutions provider in Saudi Arabia and has been instrumental in supporting the Kingdom's digital transformation initiatives, particularly in enhancing services related to hajj and umrah. Leveraging the company's suc-cessful track re-cord, full im-plementation for 2025 is actively progressing. DNeX has been involved in the Makkah Route project since 2019. The Makkah Route Initiative is spearheaded by Saudi Arabia's Interior Ministry, in colla-boration with several other government entities. This initiative is a key component of the Pilgrim Experience Program, which aligns with Saudi Vision 2030 and expedites immigration pre-clearance for pilgrims departing from selected countries. This eases their arrival in Saudi Arabia and enables direct transit to accommodation in Makkah and Madinah. Having secured six of the 11 global Makkah Route sites this year, DNeX is optimistic about securing additional sites in the next hajj season. The company also plans to deepen its colla-boration with Elm Company and explore opportunities in transportation and security. This is in line with its strategy to expand its involvement in international government tech-nology and infra-structure projects.
New Straits Times
13-05-2025
- Business
- New Straits Times
DNeX bags US$1.8mil contracts to support Saudi's Makkah Routes initiative
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) subsidiary Dagang Net Technologies Sdn Bhd has secured US$1.8 million of contracts to support Saudi Arabia's Makkah Route initiative for the 2025 Hajj season. The contracts cover site facilitation as well as the provision of technical and technological equipment at six international locations across Malaysia, Indonesia and Turkiye. The designated sites include KLIA Terminal 1 (Malaysia); Soekarno-Hatta International Airport in Jakarta, Juanda International Airport in Surabaya, and Adi Soemarmo Airport in Solo (Indonesia); along with Istanbul Airport and Ankara Esenboğa Airport in Turkiye. "Leveraging the company's successful track record, full implementation for 2025 is actively progressing. DNeX has been involved in the Makkah Route project since 2019," it said in a statement. DNeX, having secured six out of the 11 global Makkah Route sites this year, expressed confidence in winning more locations for the next Hajj season. The company said it aims to strengthen its partnership with Elm Company, a Saudi government-owned entity under the Public Investment Fund, as they explore opportunities in transportation and security. DNeX group chief executive officer Faizal Sham Abu Mansor said the company is proud to continue playing a role in supporting the sacred journey and easing the Hajj pilgrimage through this initiative. "Securing the same six sites for 2025 is a testament to the trust placed by Saudi Arabia in our capabilities and commitment. "Our ongoing collaboration with authorities in Malaysia, Indonesia, and Turkiye also reflects our dedication to operational excellence in international partnerships," he said.
