Dnex wins RM104mil govt contract


The technology company said the iGFMAS is a key digital backbone of the country’s public finance operations.

PETALING JAYA: Dagang Nexchange Bhd (Dnex) has secured a contract from the Finance Ministry to continue providing support for the Integrated Government Financial and Management System (iGFMAS), worth RM103.76mil.

In a filing with Bursa Malaysia, the technology company said the iGFMAS is a key digital backbone of the country’s public finance operations.

“Spanning 60 months, the contract covers the maintenance, support services, and application enhancement of iGFMAS, reaffirming Dnex’s pivotal role in managing one of the country’s most critical government financial systems.”

Dnex said iGFMAS plays a central role in ensuring the efficient, secure, and transparent management of federal finances.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia slides as global headwinds continue
MIDF Amanah rebrands to MBSB Investment Bank
Miti's AI chip export rule to have no impact on data centres - MIDF
China's Q2 GDP growth tops forecast even as US tariff risks mount
MAHB enhances KLIA T1 with RM30mil upgrades to improve passenger experience
Zetrix AI, directors seek judicial review of Bursa reprimand
Ringgit opens higher against US$ on upbeat China data
FBM KLCI expected to move sideways pending clarity over US tariff plans
Trading ideas: Maybank, CIMB, Capital A, Aeon Credit, Hengyuan, Ramssol, Flexidynamic, MRCB, Zetrix, Rex
Oil rises to 3-week high as investors eye Trump statement on Russia

Others Also Read