DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.405 - 0.42

Trading Volume

24,965,500


58 people like this.

101,983 comment(s). Last comment by afzaal 15 minutes ago

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2023-03-01 17:02 | Report Abuse

Surprise still stand above 60sen - soo many prob

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-02 07:49 | Report Abuse

Memang tak masuk akal!!!

How is the Importation of batteries, which is an outflow of funds be an important factor to the EV Industry? Would it create a workforce and innovate the country to manufacture??

Why giving so much fanfare to Tesla's foray into taking our money and market place as a good thing for the people???

MOF is just blowing nonsense music for personal glory!!


https://www.msn.com/en-my/news/other/yb-tengku-zafrul-sambut-kedatangan-tesla-ke-malaysia/ar-AA184xUF?ocid=hpmsn&cvid=19c595acb6d746748d71ddc95d2c6eb7&ei=9

XenDee

167 posts

Posted by XenDee > 2023-03-02 10:47 | Report Abuse

high NOSH .. too many bilis.. gajah susah terbang

goody99

1,794 posts

Posted by goody99 > 2023-03-02 15:31 | Report Abuse

another waterfall day?

Hop333

148 posts

Posted by Hop333 > 2023-03-02 17:32 | Report Abuse

Zainal ‘Abidin Abd Jalil resigned. Bye bye ping

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-02 20:28 | Report Abuse

Acardia also no eye see..........hahahaha

Kakume

1,077 posts

Posted by Kakume > 2023-03-02 21:23 | Report Abuse

Zainal resigned to take up management buy out on PING, to spin off PING and focus on Silterra and Foxcon

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-03 06:29 | Report Abuse

Bye bye Silterra........bye bye PING??
Fox??.........you must still be dreaming.

joyvest

10,190 posts

Posted by joyvest > 2023-03-03 06:52 | Report Abuse

Who has screwed up the company? All they know is just to keep talking on paper,dishonoring agreement and /or MOU.who on earth wanna deal with you?

Another company is biting the dust.

joyvest

10,190 posts

Posted by joyvest > 2023-03-03 07:03 | Report Abuse

When dnex was apparently in breach of the agreement in the composition of directors as pointed by their JV partner,why denied and challenged it by referring to artibration?

There was no ground for arbitration and withdrawn in the end. To save face,they said settlement out of court.What a BS!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-03 07:17 | Report Abuse

Dun be confused :

1) The Arbitration is the Loan of RM120 million via a sale of ICPS to MIMAS, which would violate the Majority shareholding term set by Khazanah for the takeover of Silterra.
(Still on-going)

SUBSEQUENTLY, Dx tried to wrestle control of Silterra and adding Directors on BOD:

2) The OS was a Writ in Protest in Court by CGP to obstruct Dx adding more Directors to BOD of Dnex SemiCond.
(Court has Rule case is settled, since both Parties has settled out of Court and Dx is NOT ALLOWED to add more Directors as per Partnership Agreement)

i3lurker

13,684 posts

Posted by i3lurker > 2023-03-03 07:52 | Report Abuse

Searching for: DNex contract wrangle

Searching for: DNex contract wrangle

Generating answers for you…

Generating answers for you…

The contract wrangle is related to DNex’s subsidiary Dnex Technology Sdn Bhd (DTSB) which provides maintenance services for the National Single Window (NSW) system1. The NSW system is a platform that facilitates trade-related processes and transactions between government agencies and businesses1.

DNex claimed that it had received a letter from Dagang Net Technologies Sdn Bhd (DNT), the original contractor of the NSW system, stating that DNT had terminated its subcontract with DTSB effective Nov 15, 20221. DNex said that DNT’s termination was unlawful and invalid, and that it would take legal action against DNT to protect its rights and interests1.

DNex also said that it had received a letter from the Ministry of Finance (MoF) on Nov 16, 2022, informing that MoF had extended DTSB’s appointment as a subcontractor for the NSW system for another six months until May 15, 20231. DNex said that this showed that MoF recognised DTSB’s role and performance in maintaining the NSW system1.

However, DNT disputed DNex’s claims and said that it had validly terminated its subcontract with DTSB due to DTSB’s failure to perform its obligations under the subcontract2. DNT also said that MoF’s letter did not imply any endorsement or approval of DTSB’s performance or conduct as a subcontractor2.

The contract wrangle has caused uncertainty and volatility in DNex’s share price, which plunged by more than 30% on Nov 17, 202213. It has also raised questions about DNex’s ability to secure future contracts and projects related to the NSW system or other government initiatives3.

joyvest

10,190 posts

Posted by joyvest > 2023-03-03 08:48 | Report Abuse

Zainal, the Ex ED wanted to streamline the group by disposing PING and focus purely on semi conductor biz but he was facing tons of upheaval and resistance from the Board. He was fed up and resigned to call it a day. Basically, Dnex is in the limbo now...

Gaussian

3,001 posts

Posted by Gaussian > 2023-03-03 08:53 | Report Abuse

Who wants to short sell today. Lol

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-03 09:20 | Report Abuse

ENCIK ZAINAL 'ABIDIN BIN ABD JALIL

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-03 09:20 | Report Abuse

run..

Kanenites

4,483 posts

Posted by Kanenites > 2023-03-03 09:23 |

Post removed.Why?

Posted by Hachi Hachi > 2023-03-03 10:09 | Report Abuse

Company disputes affecting the whole company performance. DisUnity is disastrous!!!!

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-03 10:09 | Report Abuse

macam revenue

goody99

1,794 posts

Posted by goody99 > 2023-03-03 10:14 | Report Abuse

stock clearing stlll ongoing?

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2023-03-03 11:06 | Report Abuse

Dulu ramai Hero sudah hilang dan Cabut doh...Mereka tiap tiap hari Comment Dnex is Good counter...long term hold must 2.00...5.00.....Hahaha...i'm many times Advice n Warning already........ada profit...jual...in Malaysia Share market just 10 % counters is long term invest ..... Other NO.......

Kanenites

4,483 posts

Posted by Kanenites > 2023-03-03 11:32 |

Post removed.Why?

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-03 11:40 | Report Abuse

management all brownie. then u know cannot long term.

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2023-03-03 14:00 | Report Abuse

Looking our Share Market ....many Is Rubbish counters....Serbadak...n more penny stock...all is tipu.........

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-03 14:01 | Report Abuse

brownie just pandai one thing ma..

Kanenites

4,483 posts

Posted by Kanenites > 2023-03-03 14:41 |

Post removed.Why?

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2023-03-03 15:00 | Report Abuse

Buy,buy,buy....).....0.70cts,0.75 cts,0.80 cts,0.90cts...many call buy ....n now 0.60,,0.59 ....takut ????? hahaha....

Gaussian

3,001 posts

Posted by Gaussian > 2023-03-03 17:07 | Report Abuse

Super good news in the making and brewing. Lol

Hop333

148 posts

Posted by Hop333 > 2023-03-03 18:45 | Report Abuse

Super good news is they decided to sell off Ping.. lol

Kanenites

4,483 posts

Posted by Kanenites > 2023-03-03 19:44 |

Post removed.Why?

Moneymore

532 posts

Posted by Moneymore > 2023-03-04 00:43 | Report Abuse

Sell ping to build foxcon buy buy

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-04 06:49 | Report Abuse

Lang boh xi lang, kui boh xi kui.....now a headless chicken, squawking around aimlessly.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-04 12:03 | Report Abuse

Jap whore already finished singing 4 - 6??? It's still at 60c and maybe the worst is yet to come.

Also had a good laugh at the HLI TP......what a great joke.

Gaussian

3,001 posts

Posted by Gaussian > 2023-03-04 13:16 | Report Abuse

Keep buying. Lol. No need to be scared.

Kanenites

4,483 posts

Posted by Kanenites > 2023-03-04 14:24 |

Post removed.Why?

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-04 14:47 | Report Abuse

Biden giving incentive to chip manufacturers.. China also supports chip manufacturers in order to compete with the US.

What is left for us? Our government just keeps quiet and does nothing. The semiconductor is a crucial industry to transform us into a high-income country.

It did not bode well for the country's development and future growth. Don't keep telling us politic should not dwell in the economy. but the world has changed.

Our government needs to set the tone and growth path for our industry.

Samsung & TSMC are suffering right now.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-04 14:49 | Report Abuse

Bye bye Silterra....sayonara.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-04 18:14 | Report Abuse

两会代表新旧更替,网络大腕凋零,芯片等硬体科技企业成习近平的新宠

中国“两会”召开在即,参加会议的代表名单呈现出一个突出的变化:互联网行业的风云人物几乎集体缺席,取而代之的是一批科技硬件行业的后起之秀。

路透社周五(3月3日)的报道称,这一变化显示北京的政策优先次序发生了变化。随着美国对华高端科技产品出口控制范围和严厉程度的持续提高,北京正在调动一切可能集中的资源进行芯片开发,芯片制造企业正在得到习近平的青睐。

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-05 07:03 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-05 07:06 | Report Abuse

Berapa kali dah Invite Fox mari??

Fox tengok mcm ni pun dah pening...mau buat niaga sini???

Bye bye Silterra.........sayonara.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-05 07:07 | Report Abuse

Fox dah masuk Thai, Indonesia, Vietnam and skg pun mau masuk India diri kilang........

Bye bye Silterra..............adios amigo!

Gaussian

3,001 posts

Posted by Gaussian > 2023-03-05 12:23 | Report Abuse

Bob is the arbitrarily judge. Lol. Beware

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-05 13:02 | Report Abuse

Win like a man, lose like a man. You signed that ICPS Agreement....now man up!

vellfire14

133 posts

Posted by vellfire14 > 2023-03-06 08:45 | Report Abuse

fox masuk india ,vietnam for handphones
fox masuk indonesia is for batteries coz indonesia got the biggest reserves litium
fox masuk malaysia is for the EV chips
BOB belum makan ubat la pagi pagi

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 10:45 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 10:46 | Report Abuse

Bye bye Silterra.......

bye bye PING??

vellfire14

133 posts

Posted by vellfire14 > 2023-03-06 11:53 | Report Abuse

Bye bye BOB..

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 14:15 | Report Abuse

Does this mean this is the end for you??

rev588

80 posts

Posted by rev588 > 2023-03-06 17:04 | Report Abuse

TALK of Dagang Nexchange Bhd (DNeX) becoming a pure semiconductor outfit has emerged with a management buyout of its 90% stake in Ping Petroleum Ltd said to be in the works.

https://www.theedgemarkets.com/node/656960

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-06 17:56 | Report Abuse

And you don't even know how to react to it????

What a waste!

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