Dagang NeXchange Berhad Annual Report 2023

Regarding our IT division’s prospects, we are actively expanding our collaboration with esteemed partners, including leading data and business analytics firms such as CapGemini and Strateq, to strengthen our ability to provide end-to-end IT solutions. Through these strategic alliances, coupled with the guidance of our IT Strategy and Transformation Department, we aim to expand our pipeline of large-scale IT projects in both the public and private sectors, both domestically and internationally. We are keeping a close eye on the Malaysian government’s ongoing emphasis to digitalise its services and adopt modern systems, a commitment that was underscored by the setting up of Jabatan Digital Negara in December 2023. As one of the few local companies equipped with the necessary experience and infrastructure, we are poised to leverage our expertise and established relationships to bid for digital transformation projects across various government ministries. On the global front, we remain focused on advancing our international collaborations, initiated in 2022 through our partnership with Saudi Arabia’s Ajlan & Bros Holding Group (“Ajlan”). Over the past year, we have not only formed a Joint Venture with China’s Zhongheguoji Construction Group (“Zhongheguoji”) but also solidified a Collaboration Agreement involving DNeX MENA, Zhongheguoji, and Ajlan. While these collaborations will undoubtedly require time to mature, we recognise immense potential in synergising our expertise with the technological prowess of our Chinese counterparts. Together, we aim to secure projects in the Middle East and North Africa, particularly in the domains of smart city development, e-government services and system integration projects. ACKNOWLEDGEMENTS In closing, I extend my heartfelt appreciation to the Board of Directors, senior management team and entire DNeX workforce for their guidance, support and dedication over the past eighteen months. As we navigate this transformative period, it is imperative that we unite as a team and implement the necessary changes to unlock the full potential of our diverse business divisions. I am also grateful for the continuous support from our shareholders, customers, government agencies, business partners and other loyal stakeholders. Thank you for your faith in our strategies and sharing in our vision for the future. To all stakeholders, I assure you that with our transformation into a high-performing organisation, DNeX remains on the right track to deliver long-term stability and sustainable growth. In every success story, there are obstacles to overcome, and true success lies in our ability to learn from mistakes and reinvent ourselves. This is our time of reinvention, and I am confident that the transformed DNeX will emerge stronger and more resilient than ever. Azhar Bin Othman Group Chief Operating Officer To all stakeholders, I assure you that with our transformation into a high-performing organisation, DNeX remains on the right track to deliver longterm stability and sustainable growth. In every success story, there are obstacles to overcome, and true success lies in our ability to learn from mistakes and reinvent ourselves. This is our time of reinvention, and I am confident that the transformed DNeX will emerge stronger and more resilient than ever. Integrated Report 2023 17

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