<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 6): Dagang Nexchange Bhd (DNex) has bagged a sub-contract to undertake the encryption of radio frequency identification (RFID) vehicle entry permit (VEP) tags on foreign vehicles entering Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>The group said its 51%-owned subsidiary, DNEX RFID Sdn Bhd, was awarded the job by the project’s main contractor TCSens Sdn Bhd.&nbsp;&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The contract price is RM15 per tag, DNex said in a filing with Bursa Malaysia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>DNex currently operates and manages the VEP and road charges system project that involves foreign-registered vehicles entering Malaysia via Johor.</p></div>

<div class=newsTextDataWrapInner><p>“The sub-contract is expected to contribute positively towards the future earnings and net assets per share of DNeX over its tenure,” DNex said.</p></div>

<div class=newsTextDataWrapInner><p>DNex’s share price fell 1 sen or 2.08% to 47 sen today, giving the group a market capitalisation of RM824.57 million.</p></div>


KUALA LUMPUR (Nov 6): Dagang Nexchange Bhd (DNex) has bagged a sub-contract to undertake the encryption of radio frequency identification (RFID) vehicle entry permit (VEP) tags on foreign vehicles entering Malaysia.

The group said its 51%-owned subsidiary, DNEX RFID Sdn Bhd, was awarded...

DNex bags sub-contract to encrypt RFID vehicle entry permit tags

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Selangor Menteri Besar Datuk Seri Amirudin Shari said the use of the micromobility vehicles would speed up police patrols, thus increasing public confidence in security at the country's main entry point.

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<p>French electronic manufacturing service firm eolane has launched a new manufacturing plant in Kulim Hi-Tech Park, Kedah involving an investment of €8.7 million (RM45 million) for the first phase of the project.</p>


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<p>Bursa Malaysia closed at a two-year high on Wednesday with the key index rising 0.63%, driven by a positive outlook on the local bourse and amid an upbeat performance by regional peers.&nbsp;</p>


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