it will boost company revenue...looking for more upswing price movement...

Kuala Lumpur, 5 October 2017 – Dagang NeXchange Berhad (“DNeX”) has signed a memorandum of understanding (“MoU”) with e-commerce service providers from six countries to work together towards more efficient cross border trade among these countries.

Under the MoU, the parties will strengthen cooperation and partnership in the field of Trade Facilitation among the countries they are operating in. They will also engage in discussions and exchange of trade information as well as develop plans, business case, and ideas for cross border services for the transport and logistics community in the region.

The MoU signing, held in Kuala Lumpur today, was undertaken by representatives of the seven companies comprising subsidiary company of DNeX, DNeXPORT Sdn Bhd (Malaysia), GETS Asia Pte Ltd (Singapore), TIFFA EDI Services Co Ltd (Thailand), PT EDI (Indonesia), InterCommerce Network Services Inc (Philippines), Trade-Van Information Services Co. (Taiwan), and KTNET (South Korea).

Representing DNeXPORT at the signing was its Chief Executive Officer Ms Chong Yoke Ching. Also present at the event were Executive Chairman of Dagang Net Technologies Sdn Bhd Datuk Samsul Husin, Executive Chairman of DNeXPORT Dato’ Patrick Wong and Group Managing Director of DNeX En Zainal Abidin Jalil.

The signing ceremony was also held to coincide with the FIATA World Congress 2017 taking place at the Kuala Lumpur Convention Centre from 4 October to 8 October where Dagang Net – a wholly-owned subsidiary of DNeX – serves as the Diamond Sponsor.

“The parties involved in the MoU will work together to develop plans, business case, and ideas to kick off cross borders services for supply chain and logistics community. For us, this initiative will serve as a suitable platform to market our newly launched e-Service namely 1Trade – a Web-based one-stop portal that simplifies cargo and trade management processes,” said Datuk Samsul.

“We are excited to be part of this collaboration, which ultimate aim is towards overall enhancements of cross border trade. The collaboration was kicked off in October last year when three companies comprising DNeX and our counterparts from Singapore and Thailand first signed the MoU at the FIATA World Congress held in Dublin. That signing was witnessed by YB Dato Sri Liow Tiong Lai, Minister of Transport Malaysia and supported by the Federation of Malaysian Freight Forwarders (“FMFF”),” he said.

He added that the collaboration has certainly gained momentum with participation of companies from four more countries, and expects to garner participation from e-commerce service provider from other countries as well. Key players of the initiative are also part of the Pan Asian E-Commerce Alliance (”PAA”), an alliance of service providers that are authorised by Customs and other trade regulatory agencies in their respective economies, and provide secure, trusted, reliable and value-adding IT infrastructure and services to facilitate trade globally.

Organised annually, the FIATA World Congress provides an international platform for logistics industry leaders from across the globe to gain insights to industry challenges and put forward sustainable solutions. Hosting this prestigious event this year is the FMFF, the national association that represents the logistics industry in the country and endorsed by the Ministry of Transport Malaysia.

Kuala Lumpur, 5 October 2017 – Dagang NeXchange Berhad (“DNeX”) has launched 1Trade – Malaysia’s first Web-based one-stop portal for total cargo and trade management.

Targeted at businesses in the Trade Facilitation and Logistics sector namely exporters and importers, and logistics service providers, 1Trade converges supply chain and cross border logistics processes to simplify cargo and trade management processes.

1Trade captures data from multiple sources – from the initial stage of importers’ and exporters’ invoicing and packing list through the forwarding and shipping journey, regulatory and agency clearance and approval, and up to the delivery point.

With this, customers can track and trace not only movement of goods but also electronic documents on these goods such as status of clearance from a single convenient point.

The launch of 1Trade was officiated by Minister of Transport Malaysia YB Dato’ Sri Liow Tiong Lai in Kuala Lumpur today in conjunction with the FIATA World Congress 2017 where Dagang Net Technologies Sdn Bhd – a wholly-owned subsidiary of DNeX – serves as the Diamond Sponsor.

Present at the event were Executive Chairman of Dagang Net Datuk Samsul Husin, Executive Chairman of DNeXPORT Sdn Bhd Dato’ Patrick Wong, Group Managing Director of DNeX En Zainal Abidin Jalil as well as President of the Federation of Malaysian Freight Forwarders (“FMFF”) Mr Alvin Chua.

According to Datuk Samsul, 1Trade can help users improve on their productivity through the portal’s single data entry as compared to multiple data submission that increases risk of error and conflicting data resulting in delay of approval and clearance processes.

1Trade also makes business and regulatory reporting easier, and able to fast generate customised reports and statistics for either internal review or improved efficiency in audit, he said.

The FIATA World Congress, organised annually, provides an international platform for logistics industry leaders from across the globe to gain insights to industry challenges and put forward sustainable solutions.

Hosting this prestigious event this year – held at the Kuala Lumpur Convention Centre from 4 October to 8

now at discount later up sure kejar2 one

wait 2nd session...breakout towards 0.50...

shooting star.....

pump & dump to be precise

new CEO from Geely is on board of management PROTON

https://www.malaysiakini.com/news/396705

DjIA +61......bull coming hard

As at today prices have reached new high on coal prices!Anothet new rally coming tomorrow

I got it wrong coke not copper ha ha

Tomorrow game over for O&G.....brent crude reversal now

i guess tomorrow will follow thru buying as copper is now increased by 0.53% hope today it will hit 1% and above

I think tomorrow will gap up

next in play tech & property stocks.....watch out

buyers volume is pilling up heavily.....ready for next station

lai liow

seller going to be buyer mode

anytime will break out soon 0.10....

clearing 0.10 soon....fly

next station 0.11

get ready to rumble...O&G stocks now is consolidating after massive run last week...tech is next in play

someone trying to push down closing @ 0.095...wonder who is it

something is brewing...

you think MBSB like pasar malam kah?

look at DRB even company losses Q to Q and yet its share price is now 1.68...Dont you think MBSB is simply undervalue among other banks?

share drop becoz of accumulating...News out share sky rocket...dont spread -ve news on unsubstantiated fact...Do you think BNM will allow MBSB to defer the merger?On what ground....

gcke..what is the issue here with MBSB?dont mislead

Losses.....monday dive

Just cant imagine the remarks on some people who say merger is off...& QR is bad??Get ur fact right dude...70% MBSB is owned by EPF....& merger would create 1st fully islamic bank in Msia...MBSB need to fullfill strict criteria from BNM to seek merger...one of its pre conditions is to produce QR with strong revenue...So think about it...

damn i guess this counter will be in cold storage for a long time

TP 1.50 not published with news price oj ammouncement

TP 1.50.....merger is already done deal...it a matter of official announcement before the next GE..

aiyoh calvin laupan...the current price speaks for it self lahhh.1.1 billion grant is to overhaul the entire biz module in proton...it take time to materialise...Just like a sick and ailing person...need to prescribe medication until it is fully recover to deem fit & healthy...

although GEELY now own volvo its 2 different scenerio..Volvo is a success for many years with its presence as a safety & reliable tech car.Proton on the other hands is a domestic used which brings lots of problem for many years.With the entrance of GEELY in Msia market its kind of sceptical for our people as the BRANDS itself is still very new in the market.It will however boost the consumer confident but it will take time..There is no quick fix

Support line is broken again today....next will be 1.60...

arios amigos guys....DRB will only resume forward after Q2 resluts annoucement.From here then we can conclude exactly the latest revenue & profit derived after GEELY participation..

those who still insist on holding on CW be wary that maturity is nearing....MM will try hard to square of their position.

As always buy on rumors sell on news....not a good indicator...with 2nd Q coming & reports to be released not much +ve figures indicates volatility....

Warrbuff i guess you implied on the proceeds received from geely??It merely a small money received whilst govt disbursed grant of 1.1.billion...1.80 is the yardstick for the JV news released earlier on...Now DRB is entering 2nd phase on scrutinising their book value & order in exchange to return to the black.MOF is not releasing the chunk of 1.1billion entirely...

Share price will soar high with 2q results announcement...

Interest hike...inflation increased...more job creation...bank is the greatest beneficiary...big revenue & profit....now its merely BLR 4% imagine if increased to 6%???

TP 2.30

Yellen remarks on interest hike will goes accordingly & bonds will falls.Banking stocks will likely benefit most in the 2q..With Mbsb merger likely to conclude within 6 months period & global interest hike confirned...Merger is a definite...

For CW which maturity is from 2 to 3 month tine it is best to readjust position or better to cutloss now theen never...As q2 results will published in August expected not much improvement.With geely SUV is still an introductory level most consumer is hesitate to buy.It is more into wait & see sentiment...DRB will only move forwards with good numbers once their profit is in tact

Many CW holders is bleeding badly...MM sure laughing to the bank again now...

Clearly MM is slaughtering CW holders....

Technical rebound with no immediate breakout

Drb will be releasing 2nd quarterly report in August...most probably in losses as impairment still huge....Geely news is historical now...high of 1.80 in recent weeks..many attempt to break this resistance but failed....