Dagang Net Technologies Sdn Bhd ("Dagang Net") is pleased to announce the appointment of Dato' Sri Syed Zainal Abidin Syed Mohamed Tahir to its board of directors, and named as Chairman of the company effective 30 July 2020.

Dato' Sri Syed Zainal is currently an Independent Non-Executive Director of Dagang NeXchange Berhad (“DNeX”), the parent company of Dagang Net. He replaces Datuk Samsul Husin, who has ended his service as Executive Chairman on 30 July 2020.

Prior to his retirement on 10 June 2020, Dato’ Sri Syed Zainal was a Non-Independent Non-Executive Director of Petronas Dagangan Berhad. He began his career as a Project Engineer with Petronas Gas Sdn Bhd in 1987 before joining Petroliam Nasional Berhad in 1992 as the Senior Executive of the company’s Corporate Planning & International Business Development unit. Dato’ Sri Syed Zainal then left to join HICOM Holdings Berhad in 1995, where he assumed various senior positions in the company.

Dato’ Sri Syed Zainal lent his expertise to PERODUA when he was appointed Senior General Manager in 1999. Subsequently, he was appointed Executive Director of PERODUA Auto Corporation Sdn. Bhd. in 2002, and later promoted to Deputy Managing Director of PERODUA in October 2005.

Thereafter, Dato’ Sri Syed Zainal also hold various key positions in established corporation including Proton Holdings Berhad as Group Managing Director, RHB Bank Berhad and RHB Islamic Bank Berhad as Independent Non-Executive Director and Petronas Dagangan Bhd as Chief Executive Officer/Managing Director to name a few.

In addition, Dagang Net has also appointed Encik Mohd Azhar Mohd Yusof, currently Acting Group Managing Director of DNeX onto its board of directors with effect from 30 July 2020.

He has close to 20 years of experience in the field of capital markets and corporate finance where he was involved in fundraising exercise via equity and debt capital market, debt recovery, corporate restructuring and turn-around, valuation, financial modelling, financial due diligence and merger and acquisitions (“M&A”).

Encik Mohd Azhar was previously managing his own boutique financial advisory firm based in Kuala Lumpur advising corporations and entrepreneurs in raising capitals and other corporate matters. Prior to that, he served as a Business Development Director of Dagong Malaysia Rating Services Sdn Bhd where he was responsible to manage stakeholders in building up Dagong’s brand, credibility, and visibility in the market.

He was attached to Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”) in August 2014 as Assistant Vice President and Head of Business Banking Department where he was responsible to develop and oversee the Corporate Finance Unit that deals with financing for Bumiputera SMEs to undertake M&A exercise, and Commercial Financing Unit that deals in a range of commercial financing products. He had also served as Senior Manager, Issuers Restructuring at Bursa Malaysia Berhad’s Listing Division in 2010 where he was responsible in monitoring, evaluating and making recommendation on restructuring of PN17 and GN3 public listed companies before he joined Felda Global Ventures Holdings Berhad in 2013 as Senior Manager, Corporate Finance under the Group Strategy Division.

Prior to that, he served as Senior Analyst in the Merger and Acquisition Department under the Corporate Planning and Development Division of Petroliam Nasional Berhad (PETRONAS) where he was responsible for appraising M&A and business development opportunities for the entity. He had also served as Manager, Corporate Finance in BDO Capital Consultants Sdn Bhd in 2007, a corporate finance advisory arm of BDO Malaysia licensed by the Securities Commission Malaysia. Mohd Azhar started his career as an auditor with Ernst & Young in early 2000 before he joined the Securities Commission Malaysia in 2004.