Dagang NeXchange Berhad Annual Report 2019

DAGANG NeXCHANGE BERHAD 28 CORPORATE PROFILE Financial Technology, or FinTech, enhances efficiencies in financial systems and offers top opportunities for differentia- tion, cost reduction and customer retention. As a company that consistently recognise and embrace the potential in new technologies, our Dagang Net Digital Platform offers FinTech services through: • myPayment - Enhanced capability to provide advance Duty and Permit Payment, as well as Halal settlement and payment, • Trade Financing – Access to our one- stop, blockchain supported portal that turns trade to cash for exporting businesses, • Cross Border Trade Settlement – Settlement for trade of goods and services in local currency electronically, anytime anywhere; and • EMI – Compare, apply and purchase marine cargo insurance and settlement online. Technology is only as good as its purpose. DNeX constantly embraces, challenges and improves upon today’s technological advancements to provide communities with an edge that impacts life for the better. System Integration & Consultancy The men and women who work on our Integrated Intelligent Infrastructure (“I 3 ”) are innovative problem solvers. From remodelling business, to refocusing strategic designs and even maintaining the system, our team turns the complicated, into solutions that are simple and easy to manage. DNeX specialises in full project management, from design and build right through to installation and commissioning. Our IT management and consultation approach emphasises a Standard Operation Procedure in the designing, developing, improving, adopting and maintaining infrastructure work scope to suit our clients’ needs. Alongside Project Management, we also assist organisations to align their strategy and business with people’s practices. We pride ourselves with our dedication towards organisation transformation and our ability to provide an exceptional level of consulting services and practices. Our client's transformation journey begins with defining and refining the organisational strategy and associating themwith people practices. Current and future initiatives will be aligned to meet the organisation’s goal and focus closely on behavioural changes required by leaders, teams and employees to complete this journey. Telco Subsea Services DNeX connects people, businesses, and ideas through its Subsea and Marine Engineering Services, particularly in the telecommunications industry. Equipped with advanced technology and expertise coupled with integrated support services for the offshore segment, we offer turnkey solutions for the design, engineering, supply, installation, and repair maintenance of marine fibre optic and power cables. Our range of services encompass marine cable installation, maintenance and burial requirements for our customers around the world. We offer a comprehensive end-to-end solution to a wide variety of market and industries specifically telecommunications, oil and gas, renewable energy, power and scientific research. Radio Frequency Identification Solutions Our RFID solutions span the commercial and residential sectors, as well as business and industry. We take pride in designing end-to-end solutions, aimed at leading high impact results; boosting productivity, revenue growth and bottom line profitability. We provide our clients with complete RFID solutions; from planning, project management and software, to hardware, installation and integration. Our resilient and reliable technology provides the highest quality service maintenance to improve and protect customer’s business operations. When we pioneered the design and development of the Vehicle Entry Project and Road Charge System, we combined sound technological knowledge with reliable technology. Technology, Humanised Financial Technology