Dagang NeXchange Berhad Annual Report 2023

1970 Inception Founded as TIME Engineering Sdn Bhd to trade and distribute welding products. 1972 Electric Power Component Manufacturing Manufacture and supply electrical switchgears, switchboards and transformers. 1981 System Integration Established footing in ICT with core offering to supply hardware and provide services to the government sector. 1983 Public Listed Company Listed on the Main Board of Bursa Malaysia Securities Berhad and renamed as TIME Engineering Berhad. 1989 Toll Road Development • Pioneered solutions for the design and construction of Malaysia’s first major toll roads. • Provided Malaysia’s first comprehensive toll gate solutions and services for both the North South Expressway and the New Klang Valley Expressway, as well as the Malaysia-Singapore Second Crossing. • Introduced the high-tech Intelligent Traffic System, engineered for efficient expressway management. 1994 Fibre Optic Telecommunications Rolled out Malaysia’s first fully digital fibre optic telecommunications network. 1995 SMK-Dagang Net Designed and developed the first direct interface for Sistem Maklumat Kastam through pioneering efforts to enhance the use of eGovernment services, smartcards, and electronic fund transfers for the Port Klang trading and logistics community. Toll System Developed the first local toll system in Malaysia. DAGANG NeXCHANGE BERHAD 32 Overview of Dagang NeXchange Berhad CORPORATE MILESTONES

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