Dagang Nexchange Bhd (Dnex) has been awarded a RM103.76 million contract by Malaysia’s Ministry of Finance to continue supporting the Integrated Government Financial and Management System (iGFMAS), reinforcing the company’s position as a strategic digital partner in public sector financial management.
In a filing with Bursa Malaysia, the technology group confirmed that the five-year contract encompasses system maintenance, comprehensive support services, and application enhancements. The contract period spans 60 months, underscoring the long-term commitment to sustaining the operational integrity of one of the government’s most critical digital infrastructure systems.
The iGFMAS platform serves as the digital backbone of the country’s federal finance operations. Dnex noted that the system plays an essential role in ensuring the efficiency, security, and transparency of Malaysia’s public financial management processes.
This award not only strengthens Dnex’s footprint in the public sector IT ecosystem but also reaffirms its capability in delivering mission-critical digital solutions aligned with national objectives.
-The Star