Dagang NeXchange Berhad ("DNeX") through subsidiary company Innovation Associates Consulting Sdn Bhd ("iAC") has been awarded a contract to re-engineer the tax self-assessment system by the Inland Revenue Board of Malaysia ("IRB").

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. Works on the contract, valued at RM 42.75 million, will begin from 1 December 2019 to 30 November 2022.