Kuala Lumpur, 19 November 2019 – 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.

“This project further cements DNeX efforts to strengthen the company’s System Integration and Consultancy business to become a key lever of growth. We will continue to aggressively pursue new projects in the public and private sectors locally and overseas,” said Datuk Samsul Husin, Executive Deputy Chairman of DNeX.

“We would like to express our deepest gratitude to IRB for the opportunity in implementing this project. We remain committed to offer services and solutions that not only meet requirements of customers but help our customers further improve their operations and grow their business as well,” he said.