Affin Hwang Investment Bank Vice President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) would remain buoyant and touch 1,730.
KUALA LUMPUR: At 9.10am, Dagang Nexchange Bhd
(DNeX) shares rose one sen or 2.13% to 48 sen in early trade today on the back of 3.36 million shares done.
Its warrants, DNeX-WD, rose half a sen or 2.38% to 21.5 sen with 5.5 million units exchanging hands.
On Monday, the company announced that its 51%-owned subsidiary DNeX RFID Sdn Bhd had been awarded a subcontract by TCSens Sdn Bhd, the main contractor of the project, to supply radio frequency identification (FRID) vehicle entry permit (VEP) tags to foreign-registered vehicles.
While there was no figure given to the value of the subcontract, DNeX said in its filing with Bursa Malaysia that its subsidiary would charge RM15 for each RFID VEP tag issued.
It added that the subcontract is valid for so long as TCSens is appointed by the government for the implementation of the project.
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