Dagang NeXchange Berhad Annual Report 2018

Energising New Possibilities DNeX’s strategic acquisitions and long term partnerships have successfully enabled our diversification into the energy sector. Our extensive know-how, coupled with a light asset strategy, has allowed us to integrate and develop commercially sustainable energy businesses with fellow experts and key industry partners. DRILLING & OILFIELD SERVICES We work to provide integrated solutions with value creation to our clients in the Oilfield industry. We integrate fit-for-purpose solutions with specialised knowledge for our clients, specifically those seeking to maintain competitive edge in the energy sector’s fast changing landscape. DNeX’s very own niche technology and solutions generate new possibilities in oilfield services. We place emphasis on local competencies and cost efficiencies to enhance operational effectiveness. Today, DNeX is a Malaysian pioneer of Self- Operated Directional Drilling, Measurement While Drilling, and Logging While Drilling service provider. The Malaysian Book of Records has also certified DNeX Oilfield Services Sdn. Bhd. as a national record holder for being the First Self-Operated Malaysian Directional Drilling, Measurement While Drilling, and Logging While Drilling Company to have successfully drilled wells. EQUIPMENT SUPPLY & MAINTENANCE DNeX supplies oil and gas equipment to a diverse international clientele. Through sales, installation and maintenance, our expert technicians are committed to offering on-time services so that our clients do not face interruptions to their operations. Alongside importing and distributing the industry’s best technical products from renowned manufacturers around the world to the oil and gas industry, we have a proven track record of providing services to the heavy industry sector including refining, petrochemicals, power, utilities and manufacturing. Through OGPC Group, DNeX has now expanded to supply Portable Container Systems (“PCS”), a self contained modular fuel storage and dispensing unit, ideal for distribution and consumption of petroleum products for captive markets within remote locations. We recently secured a contract to install up to 100 units of PCS which are to be used for the supply of petrol at various fish landing jetties in Peninsular Malaysia. The contract involves designing, engineering, procurement, construction, installation, commissioning and maintenance of the same units for two years, and maintenance and supply of parts for 10 years. UPSTREAM EXPLORATION & PRODUCTION With a combination of proven commercial expertise and effective partnerships, as well as a strong commitment to maximise shareholder value, we seek to own assets with proven hydrocarbon reserves in preferred locations with stable fiscal regime. On the back of this, we emulate a strong maintenance culture and continuous improvement to extend the life cycle of our asset as part of optimising our return on investments. 29 Annual Report 2018 Corporate Profile CORPORATE ACCOUNTABILITY