Dagang NeXchange Berhad Annual Report 2023

INFORMATION TECHNOLOGY BUSINESS REVIEW The traditional stronghold of DNeX, our Information Technology (“IT”) division continues to be a reliable revenue generator, bolstered by our entrenched leadership position and strong reputation in trade facilitation, technology consulting, systems integration and subsea telco services. Seeking to build on this, we are actively diversifying our presence across the public and private sectors as well as overseas, leveraging strategic partnerships with technology providers and key market gatekeepers. WHO WE ARE & WHAT WE DO Our IT division consists of: Trade facilitation solutions, provided by Dagang Net Technologies Sdn Bhd (“Dagang Net”) and SealNet Sdn Bhd (“SealNet”) Technology consulting and system integration (“Tech Consulting & SI”) solutions, helmed by Innovation Associates Consulting Sdn Bhd (“IAC”) and DNeX Solutions Sdn Bhd (“DNeX Solutions”). Subsea telco services, carried out by DNeX Telco Services Sdn Bhd (“DNeX Telco”) DAGANG NeXCHANGE BERHAD 86 Management Discussion and Analysis – Business Review

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