Quick take: DNeX rises 14% on new contract

KUALA LUMPUR: Shares in Dagang Nexchange Bhd (DNeX) jumped over 14% after the company secured a RM47.17mil government contract.

The eServices provider 17.14%, or three sen to 20.5 sen, its highest in three weeks with over 27 million shares traded. DNeX-WD surged 60%, or 1.5 sen to four sen with 18 million shares done.

DNeX’s wholly-owned subsidiary DNeX Solutions Sdn Bhd has secured a RM47.17mil government contract in relation to the Public Sector Data Centre (PDSA).

DNeX told Bursa Malaysia that DNeX Solutions, which is principally involved in information technology consultancy, has accepted a letter of award dated Sept 15.

The contract period is for 37 months in total and will be in effect from Sept 22,2020 until Oct 23,2023.

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DNeX , DneX Solutions , MyGovCloud


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