In an email reply, DNeX group managing director Zainal Abidin Jalil said the RM1.50 price was fair because it had already accounted for the discount rate of 24% used for the computation of the concession and post concession net present value.
PETALING JAYA: Dagang Nexchange Bhd
(DNEX) is eyeing double-digit growth in revenue and profits this year driven mainly by its IT and e-services business,as well as, from the growing power business.
Group managing director Zainal Abidin Jalil said the company managed to expand it’s IT and e-services segment through initiatives such as the Vehicle Entry Permit and Road Charges System project that involved foreign-registered vehicles entering Malaysia via Johor and the development of the eWork Permit System for the rehiring programme involving foreign workers without permits from 15 countries.
“The company continues to strengthen its position in providing e-services in the business-to-government segment while at the same time making inroads into business-to-business and business-to-consumer services thus adding value and complementing its existing offering,” he told reporters after the company’s annual general meeting here today. - Bernama
Get 30% off with our ads free Premium Plan!
