DNeX to set up JV with TIFFA EDI

DNeX executive director Datuk Patrick Wong said with SEALNET

KUALA LUMPUR: E-services provider, Dagang Nexchange Bhd (DNeX), will establish a 49:51 joint venture (JV) company with TIFFA EDI Services Co Ltd in Thailand for a trade facilitation and cross border business.

In a statement, DNeX said its subsidiary, DNeXPORT Sdn Bhd, has signed a shareholders agreement with TIFFA EDI for the establishment of the JV in which DNeX would hold a 49% stake.