DNeX well-positioned for further growth, on track for strong financial performance in FY2022
Cyberjaya, 2 December 2021 - Dagang NeXchange Berhad (“DNeX”) is well-positioned for further growth as it benefits from the greater demand for semiconductor chips as well as the positive outlook for upstream oil production resulting from higher oil prices in a post-COVID 19 environment.
2 December 2021
SilTerra signs agreement with Taiwan-based ILI TECHNOLOGY CORP
Cyberjaya, 29 November 2021 – SilTerra Malaysia Sdn Bhd has entered into a multi-year wafer supply and purchase agreement with ILI Technology Corp (“Ilitek”), a leading touch controller and driver integrated circuit (“IC”) fabless design house based in Taiwan.
29 November 2021
DNeX posts strong performance with profit after tax of RM301.5 million for 1Q FY2022
Cyberjaya, 26 November 2021 – Dagang NeXchange Berhad (“DNeX”) has announced a strong set of financial results for the first quarter ended 30 September 2021 (“1Q FY2022”).
26 November 2021
DNeX on track for greater growth
Cyberjaya, 24 September 2021 – Dagang NeXchange Berhad (“DNeX”) has announced its financial results for the sixth quarter of 18-month financial period ended 30 June 2021 (“6Q FY2020/2021”). During the quarter under review, DNeX posted RM45.90 million in revenue and RM116.73 million in profit after tax and non-controlling interest (“PATANCI” or “net profit”).
24rd September, 2021
DNeX completes acquisition of the remaining 50 per cent-stake in Avalon Oil Development
Cyberjaya, 23 September 2021 - Dagang NeXchange Berhad (“DNeX”), via its 90 per cent owned subsidiary Ping Petroleum Limited (“Ping”), has announced the completion of the acquisition of the remaining 50 per cent interest in UK North Sea Block 21/6b, License P.2006, containing the Avalon Oil Development.
23rd September, 2021
Ping Petroleum UK Limited: Fixed income investor calls
Ping Petroleum UK Limited (the "Company") has mandated Pareto Securities as Sole Manager to arrange a series of fixed income investor calls commencing on 23rd June, 2021. A senior secured bond issue of up to USD 50 million with a 3-year tenor may follow, subject to, inter alia, market conditions. Net proceeds from the bond issue will be used to finance project expenditures related to the Company's core Anasuria Cluster assets and for general corporate purposes.
21st June, 2021
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For media related queries, please contact
Sharifah Kasim Al Edrus
Head, Corporate Communications & Branding
Dagang NeXchange Berhad
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63000 Cyberjaya, Selangor