IRB job for DNeX unit

  • Corporate News
  • Wednesday, 20 Nov 2019

KUALA LUMPUR: Dagang Nexchange Bhd (DNeX), through its indirect 60%-owned subsidiary Innovation Associates Consulting Sdn Bhd (IAC), has secured a RM42.75mil contract from the Inland Revenue Board (IRB) to re-engineer the country’s tax self-assessment system.

Under the contract, IAC will be responsible for software and support services for the development of the application and software maintenance of the tax self-assessment system.

In a filing with Bursa Malaysia, DNeX said the contract was for three years starting from Dec 1,2019, to Nov 30,2022.

“This project further cements DNeX’s efforts to strengthen the company’s System Integration and Consultancy business to become a key lever of growth.

“We will continue to aggressively pursue new projects in the public and private sectors locally and overseas, ” said executive deputy chairman Datuk Samsul Husin. — Bernama

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