Dagang NeXchange Bhd (DNeX) is set to collaborate with Korea Trade Network (KTNET) on various initiatives involving port community systems, electronic customs, and IT consultancy services for trade facilitation.
DNeX's subsidiary, Dagang Net Technologies Sdn Bhd (DNT), has signed a two-year memorandum of understanding with KTNET to deploy technologies from both entities, aiming to transform the trade facilitation industry, jointly develop products and services, and expand their offerings to clients.
DNeX shares concluded trading with a 1 sen increase, marking a 2.86% rise and reaching a closing price of 36 sen. This resulted in the company achieving a market capitalisation of RM1.14 billion.