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DNex rises on RFID subcontract award

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.

Trading ideas: MBSB, Eversendai, IJM, PIE

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB), Eversendai, IJM, PIE Industrial, DNex and Cycle & Carriage Bintang (CCB) are among the stocks to watch on Tuesday, says JF Apex Research.

DNeX group bags encryption job for RFID tags for foreign-registered vehicles

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.

Move benefits Malaysians the most

GELANG PATAH: Malaysians will benefit the most from the abolition of toll at the Eastern Dispersal Link (EDL) and not Singaporeans said Mentri Besar Datuk Seri Mohamed Khaled Nordin.

Foreign-registered vehicles will need VEP

JOHOR BARU: All foreign-registered vehicles coming into Malaysia will soon require a vehicle entry permit (VEP) on top of paying RM20 for the Road Charge (RC), says Datuk Seri Liow Tiong Lai.

CIMB Research cautious on Dagang Nexchange near term outlook

KUALA LUMPUR: CIMB Equities Research is cautious on Dagang Nexchange’s (DNex) near-term outlook due to soft market environment and margin compression in the oil and gas (O&G) segment.

RHB Bank , Hong Leong Bank lead KLCI higher, Inari in focus

KUALA LUMPUR: RHB Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance on Wednesday while the Inari Amertron was in focus after its record earnings for FY ended June 30.

CIMB Research retains Add for Dagang NeXchange

KUALA LUMPUR: CIMB Equities Research is maintaining its Add and 75 sen sum-of-parts based target price for Dagang NeXchange (DNex).

JPJ: Malaysia to implement VEP fee at Thai border

ALOR SETAR: Malaysia will implement road charges and the Vehicle Entry Permit (VEP) system at the Thai border soon, said the Road Transport Department.

CIMB Research retains Add for DNex, target price 75 sen

KUALA LUMPUR: CIMB Equities Research is retaining its Add call for Dagang NeXchange (DNeX) with a higher sum-of-parts based target price of 75 sen following its maiden foray into downstream retail oil & gas. The last traded price was 59 sen.