DNeX bags contract from Inland Revenue Board

KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) subsidiary Innovation Associates Consulting Sdn Bhd (IAC) has bagged a maintenance contract from the Inland Revenue Board (IRB) worth RM4.05 million.

IAC will be responsible for the application and software maintenance of Malaysia Hasil Integrated Taxation Systems (HITS).

In a statement today, DNeX said the one-year contract was expected to commence in February 2023 and be operationalised at IRB's headquarters in Cyberjaya.

DNeX executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said the contract was a testament to IAC's capabilities with a comprehensive range of information technology (IT) project management services, leveraging on cutting-edge technologies to help organisations transform, optimise and enhance their operations.

"The maintenance contract for HITS can further position DNeX on a better footing and reinforce the company's technology consulting and system integration arm via IAC to expand our digital capabilities in pursuit of becoming a top regional digital transformation player.

"We can assist our clients in aligning strategic business missions with their practices by leveraging technologies such as artificial intelligence and big data analytics, backed by our in house online and on-site certified technical support technicians as a value-added customer experience," he added.

DNeX said the maintenance contract could further extend IAC's capabilities in the deployment and maintaining a complex system developed using a low-code application development platform.

The company would continue to develop its capabilities while aggressively expanding its market share for new projects in the public and private sectors locally and overseas, it added.