RECALIBRATING TO UNLOCK OUR GLOBAL POTENTIAL The remarkable surge in our revenue over recent years, soaring from RM330 million in FY2021 to RM1.9 billion over the past 18 months, has been truly remarkable. However, amidst this meteoric rise, we have encountered significant challenges that have necessitated a thorough reassessment of our strategies, competencies and leadership. Since assuming the role of Group Chief Operating Officer (“GCOO”) in December 2022, I embarked on a mission to orchestrate transformative change within DNeX, aimed at addressing gaps in our capabilities, governance and compliance and cultivating an organisation equipped with the necessary people, culture and systems to thrive in the global arena. Azhar Bin Othman Group Chief Operating Officer The remarkable surge in our revenue over recent years, soaring from RM330 million in FY2021 to RM1.9 billion over the past 18 months, has been truly remarkable Transformative strategies are being integrated into every facet of our organisation, commencing with a concerted effort to recalibrate the mindset of our people – the cornerstone of our enterprise. Transformative strategies are being integrated into every facet of our organisation, commencing with a concerted effort to recalibrate the mindset of our people – the cornerstone of our enterprise. Amongst our many reforms was the appointment of a new HR director and the introduction of our new corporate values: Driven, Adaptable, Responsible, and Ethical (“DARE”). These values encapsulate our commitment to operating as a high-performing organisation that balances internal development with unwavering operational excellence and business integrity. Concurrently, a myriad of strategic and operational initiatives has been set in motion across all three divisions to fortify our financial and operational fundamentals while laying the groundwork for robust future growth. Although our financial outcomes have yet to fully reflect the impact of these measures, it is imperative to acknowledge that enduring change requires time and commitment. We are steadfast in our belief that we are on the right track towards realising our ambitions. Integrated Report 2023 11
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