28/06/2025

BIZ & FINANCE SATURDAY | JUNE 28, 2025

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DNeX reinforces strategy for growth, tech leadership

secure, compliant solutions for government and regulated sectors, while also developing AI-enabled applications for key industries, strengthening its position in digital trade and customs modernisation, accelerating Asean expansion with proven digital infrastructure, and enhancing its expertise in enterprise systems such as SAP S/4HANA, cybersecurity and mobile appli cations suites for large-scale digital transformation. “We are aggressively pursuing new opportunities to expand our global footprint while strengthening our domestic market presence. This includes forging strategic partner ships that will enable us to tap into new markets and enhance our technological capabilities,” he said. “Our goal is to diversify our revenue streams and solidify DNeX’s position as a leader in the technology, energy, and IT sectors, both in Malaysia and internationally.” The group also presented a five year strategy where it intends to strengthen its core business, whilst working to enhance the future prospect of all its business pillars. Looking ahead, DNeX is committed to its strategy of diversification, innovation, and the pursuit of strategic partnerships to drive long-term value. The group is focused on continuing to build its technology and energy portfolios while exploring new opportunities that align with its goals for sustainable growth. By expanding its global reach and leveraging partnerships, DNeX is well positioned to unlock new growth prospects and strengthen its leadership in key sectors.

o Efforts to strengthen company’s position as prominent player in semiconductor, energy and IT segments

Yong Tai buys Sumberjaya Builders, enters Sabah PETALING JAYA: Bursa Malaysia Main Market-listed Yong Tai Bhd has entered into a share sale agreement to acquire the entire equity in Sabah based Sumberjaya Builders Sdn Bhd for RM15 million. The acquisition marks Yong Tai’s entry into Sabah’s property market with a steady growth outlook, further diversifying the group’s earnings stream and enhancing future profitability. Through the acquisition, Yong Tai will undertake two promising joint venture projects that Sumberjaya has already secured in Sabah, one in Lahad Datu and the other in Tawau. The Lahad Datu project spans 11.97 acres and features a mixed development of shop lots, terrace houses and walk-up flats. It is estimated to have a gross development value (GDV) of RM70.12 million and is expected to generate a development profit of RM10.80 million. Construction is anticipated to begin in the third quarter of 2025 and be completed by the third quarter of 2028. The Tawau project, which is situated on 15.25 acres, includes commercial and residential units, offering an estimated GDV of RM106.58 million and is projected to deliver a development profit of RM29.78 million.It is scheduled to begin in the final quarter of 2025, with completion targeted for the fourth quarter of 2030. Yong Tai CEO and executive director Datuk Wira Boo Kuang Loon ( pic ) said the acquisition significantly eases the company’s cash flow pressure, particularly in comparison to the substantial upfront investments previously committed to projects. “Unlike high-rise developments that require extensive capital and extended timelines, these new projects in Sabah allow Yong Tai to realise profits swiftly and sustainably, strengthening our financial position and enhancing returns to our stakeholders,” he said in a statement. Yong Tai’s strategic acquisition reflects careful consideration of market potential, profitability, and minimal upfront capital requirements. Importantly, the landowners for both projects will receive their entitlements via completed property units, significantly easing the group’s immediate cash flow burdens. The RM15 million purchase price will be paid in three equal parts. Payments will only be made after due diligence checks have been completed and all required conditions have been met.

The company’s transition from Bursa Malaysia’s ACE Market to the Main Market on Thursday comes less than three years after its initial public offering (IPO) in August 2022. Executive director Datuk Marcus Liew Kang Leong expressed his pride in the company’s achievement in transferring to the Main Market of Bursa Malaysia. “The transfer of listing of the company marks a step forward in our journey since 1997, where my father founded the company and established ourselves as one of the leading providers of fire protection systems and safety equipment in Malaysia. “We are humbled to receive such an overwhelming response from everyone around us throughout this significant journey. This is one of the most rewarding accomplishments for Unique Fire,“ he said in a statement. Liew said that since the company’s IPO for its listing on the ACE Market in PETALING Dagang NeXchange Bhd (DNeX) remains committed to driving long-term value creation for shareholders while advancing Malaysia’s digital transformation agenda. This commitment is reinforced through ongoing efforts to position DNeX as a prominent player in the semiconductor, energy, and inform ation technology segments. Speaking at its recent 54th annual general meeting, DNeX group CEO Faizal Sham Abu Mansor ( pic ) shared his insights into the group’s expansion efforts and its vision for future growth. “As we strengthen our position as one of the key players in all the segments we are in, we are focused on enhancing operational efficiency and refining capital management strategies across all our business segments to ensure sustainable growth and long-term resilience. “By building on this foundation, we remain dedicated to creating lasting value for our shareholders, while contributing to the broader economic development of Malaysia,” he said. The semiconductor segment, spearheaded by SilTerra Malaysia Sdn Bhd, is at the forefront of DNeX’s growth strategy. DNeX is capitalising on the strong market demand for advanced techno logies, including silicon photonics, microelectromechanical systems on JAYA:

Revenue rose from RM75.74 million in financial year 2022 (FY22) to RM104.68 million in FY24, with net profit increasing from RM5.64 million to RM8.13 million. “We’ve expanded our production capacity by more than 200%, increased storage space by nearly 68%, and integrated a warehouse management system. “Geographically, we’ve opened two new offices in Johor Bahru and Penang to enhance the company’s market presence in both the northern and southern regions,“ he said. Liew said sustainability remains key, with rooftop solar photovolataic systems reducing utility costs, while workforce and product range continue to grow. “These milestones reflect our readiness for the Bursa Malaysia’s Main Market. This is a new chapter for us, and our journey is far from over. “We are excited for what lies ahead, and Unique Fire is confident in our proven ability to consistently build a solid foundation that supports complementary metal oxide semi conductor, life sciences and smart power. These areas are critical for the future development of artificial intelligence infrastructure, cloud computing, biomedical applications, and electric vehicles. DNeX is strategically enhancing its focus on emerging technologies and high-value products to improve profit margins, backed by research and development and strengthened client support, while expanding production and partnering for accelerated inno vation and market access. These initiatives aim to fast-track innovation and secure the group’s leadership in meeting emerging global demand. The group’s exposure in the semiconductor sector will be enhanced through DNeX Innovation Fund, a new technology-focused fund intended to make private equity investments in the electrical and electronic supply chain, in line with the government’s National Semiconductor Strategy, which was launched in 2024. In the energy segment, DNeX is strategically rebalancing its portfolio to prioritise the development of high potential assets within Malaysia. Key focus areas include the Meranti Cluster, A Cluster, Beta Cluster, and the upcoming re activation of the Abu Cluster, with

first oil production expected in 2026. DNeX is also actively exploring opportunities to acquire additional producing assets in Malaysia, enhancing its production capa bilities and creating synergistic value across its energy portfolio. The group will continue to optimise production from the Anasuria Cluster assets in the UK North Sea, focusing on maximising efficiency and extending the life of these valuable fields. Through the DNeX IT business segment, comprising Dagang Net Technologies Sdn Bhd, Innovation Associates Consulting Sdn Bhd, DNeX Solutions Sdn Bhd and the joint venture unit Gamuda DNeX Cloud Sdn Bhd, DNeX Group offers an integrated suite of industry leading solutions supporting digital isation across the public and private sectors. The group, through its joint venture Gamuda DNeX Cloud, is expanding the rollout of Google Distributed Cloud Services for

Unique Fire takes step forward with transfer to Main Market PETALING JAYA: Unique Fire Holdings Bhd, a fire protection systems and safety equipment provider, has transferred its listing to the Main Market of Bursa Malaysia Securities. August 2022, Unique Fire has made strong strides in financial performance and operational growth.

From left: Unique Fire non-executive director Tee Kiam Hong; Alliance Islamic Bank CEO Rizal IL-Ehzan Fadil Azim; Alliance Bank Malaysia group chief corporate and institutional banking officer Teoh Chu Lin; Unique Fire executive directors Liew Kang Chin and Marcus Liew, chairperson Selma Enolil Mustapha Khalil, founder and group managing director Liew Sen Hoi and spouse Lim Show Ching, executive director Liew Kang Yee, digital solutions director Liew Kang Boon, and non-executive directors Olivia Lim and Andrea Huong Jia Mei.

suppression systems, fire extinguishers, fire hose reels, fire hoses, fire alarms and detection devices. Unique Fire also manufactures and distributes custom graphics for fire extinguishers.

our continued growth,” Liew said. Unique Fire is primarily involved in the assembly, manufacture and distribution of active fire protection systems, equipment and accessories for built environments, such as fire