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Govt extends DNeX s contract for trade e-services by 3 years

The government has extended its contract with Dagang NeXchange Bhd (DNeX) to provide e-services of the national single window (NSW) for trade facilitation, a key contributor to the group’s financial performance

MyCC imposes RM10 3 million fine against Dagang Net

KUALA LUMPUR (Feb 26): The Malaysia Competition Commission (MyCC) has fined Dagang NeXchange Bhd unit Dagang Net Technologies Sdn Bhd (Dagang Net) a total of RM10.3 million for the abuse of its dominant position by engaging in exclusive dealing. Dagang Net is the government’s sole service provider in the provision of online trade facilitation services for Sistem Maklumat Kastam under the National Single Window (NSW). The NSW is an electronic-based ecosystem that enables customs related documents and transactions to be transferred electronically between the trading communities and regulatory authorities in Malaysia via a single point of entry. In a statement today, MyCC said after a thorough investigation and due process, MyCC found that Dagang Net had infringed Section 10(1) of the Competition Act 2010 by engaging in exclusive dealing through the imposition of exclusivity clauses on software providers of the NSW from October 2015 to November 2017.

AMMB, Top Glove, AAX, Sapura Energy, RHB, CIMB, HLB, Affin Bank, TNB, MAHB, FGV, Maxis, Hengyuan, MMC Corp, Serba Dinamik, Star Media Group and DNeX

AMMB, Top Glove, AAX, Sapura Energy, RHB, CIMB, HLB, Affin Bank, TNB, MAHB, FGV, Maxis, Hengyuan, MMC Corp, Serba Dinamik, Star Media Group and DNeX
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Newsbreak: DNeX close to bagging cable laying, maintenance and repair job in Indonesia

DAGANG NeXchange Bhd (DNeX) is understood to be close to bagging a three-year contract in Indonesia for the laying, maintenance and repair of submarine cables. While details are scarce, sources say the contract could be worth RM200 million to RM250 million over the three years and is being awarded by an Indonesian government-linked company (GLC). DNeX officials declined to comment when contacted, neither denying nor confirming market talk. This contract should come as no surprise, however, as DNeX has been actively pursuing jobs in the republic over the past few years. The company has secured contracts from PT Bina Nusantara Perkasa for the design, construction and installation of a fibre-optic network of about 700km for Matanusa and SMPCS Patara as part of the Indonesia Global Gateway Cable System; and for repair works of Indonesia Global Gateway Segment 13 off Palu, Makassar, and Segment 15 off Manado, Indonesia, to name a few. These contracts were considerably smaller in terms

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