Dagang NeXchange Berhad ("DNeX"), through subsidiary company DNeX RFID Sdn Bhd, has signed a Memorandum of Understanding ("MoU") with Universiti Teknologi Mara ("UiTM") to collaborate on information technology-based ("IT") research.

Under the MoU, the two parties will undertake research, product commercialisation, and business venture activities as well as explore establishing strategic long term projects.In addition, both parties will discuss business opportunities by leveraging on expertise, competency and experiences to develop strategic and sustainable industry collaborative platform.