Private foreign registered vehicles are required to pay a RM20 road charge (RC) when entering Malaysia via Johor’s Causeway and Second Link crossing starting Nov 1, 2016.
KUALA LUMPUR: Dagang Nexchange Bhd
’s (DNeX) 51%-owned subsidiary DNeX RFID Sdn Bhd has been awarded a total subcontract to supply radio frequency identification (RFID) vehicle entry permit (VEP) tag for foreign-registered vehicles.
The latest subcontract, given by main contractor TCSens Sdn Bhd, involves DNeX RFID being responsible for hardware, software and systems related to encryption tools and encryption system for the issuance of the RFID VEP tag.
DNeX told Bursa Malaysia that its RFID solutions subsidiary would charge RM15 for each RFID VEP tag issued. However, it did not give any estimate on the subcontract’s value.
DNeX is currently operating and managing the VEP and road charges (RC) system project that involves foreign-registered vehicles entering Malaysia via Johor, namely Kompleks Sultan Abu Bakar in Tanjung Kupang and Bangunan Sultan Iskandar in Johor Baru.
“We are pleased to be given the opportunity to implement the project to supply RFID VEP Tag for foreign-registered vehicles. We believe the award is a testimony of how well we have undertaken the operations and management of the VEP and RC system project thus far,” said DNeX executive deputy chairman Datuk Samsul Husin.
DNeX RFID’s business operations are focused on research and development, design, manufacturing and trading of RFID technology, security system and related equipment.
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