Cyberjaya, 3 June 2026 – Dagang NeXchange Berhad (“DNeX”) has announced that Vinie Chong Pui Ling, Group Chief Operating Officer and Group Chief Financial Officer, has been appointed as the interim officer-in-charge following the stepping down of its Group Chief Executive Officer, Faizal Sham Abu Mansor, to pursue personal interests, with effect from 3 June 2026.
During his tenure, Faizal led DNeX through a period of significant transformation, stabilising operations, implementing a structured operating framework, and building a competent management team within a short period of time.
“It has been a pleasure to work with Faizal. He led DNeX and a strong management team in turning around the Group. The extension of the National Single Window (“NSW”) for Trade Facilitation and iGFMAS provided stability for the core IT segment, and the A1 rating accorded by RAM Rating for our Senior Sukuk Wakalah Programme will enable the Company to grow its energy and semiconductor businesses with greater pace and ambition,” said Tan Sri Syed Zainal Abidin Syed Mohamed Tahir Jamalullail, Chairman of the Board.
First Quarter 2026 Performance
The Group’s results for the first quarter ended 31 March 2026 (“1Q FY2026”) point to an encouraging growth trajectory, underpinned by continued recovery and momentum across its core businesses.
DNeX’s 1QFY2026 results mark a strong improvement, with all three core business segments — Semiconductor, Energy and IT — returning to profitability. The broad-based improvement reflects the success of Management’s operational enhancement initiatives and stronger performance across the Group.
The Group also maintains a healthy balance sheet, with total equity of RM1.7 billion and borrowings of only RM146.0 million as at 31 March 2026. Its total cash balances of RM574.7 million, coupled with the establishment of the RM3.0 billion Sukuk Wakalah Programme, provides financial flexibility and significant headroom to fund future growth opportunities across its core businesses.
Looking ahead, DNeX is well-positioned for the future, with its presence across the semiconductor, energy and IT sectors placing the Group in a strong position to benefit from opportunities presented by the artificial intelligence (“AI”) age. Rising global demand for semiconductors, energy and digital infrastructure to power AI adoption is expected to create significant tailwinds across all three core segments.
The Board of Directors thanked Faizal for his valuable contributions and leadership and wished him every success in his future endeavours.
Chong will be the interim officer-in-charge until a replacement for the role of Group Chief Executive Officer is identified. She joined the Group in January 2025 and has since played a pivotal role working with Faizal in turning around the Group. Her experience and vision will support continuity and stability during this transition, while ensuring the Group maintains its strategic momentum and continues to execute its turnaround and growth priorities effectively.