Cyberjaya, 1 April 2026 – Dagang NeXchange Berhad (“DNeX”) had, on 31 March 2026, lodged an Islamic notes programme of up to RM3.0 billion in nominal value with the Securities Commission Malaysia (“SC”). The programme comprises senior Islamic medium‑term notes (“Senior Sukuk Wakalah”) and subordinated perpetual Islamic notes (“Perpetual Sukuk Wakalah”) (collectively, the “Sukuk Wakalah Programme”).
The Sukuk Wakalah Programme is based on the Shariah principle of Wakalah Bi Al‑Istithmar and allows for the issuance of both senior and subordinated perpetual sukuk. The programme also provides DNeX with flexibility to issue Sustainability and/or Sustainability‑Linked Sukuk in line with applicable local, regional and global guidelines/standards, as issued by the SC, the ASEAN Capital Markets Forum and the International Capital Market Association.
Proceeds from the Sukuk Wakalah will be used by DNeX and its subsidiaries (“Group”) for working capital, investments and capital expenditure. Where Sustainability Sukuk Wakalah are issued, the proceeds will be allocated to eligible projects in line with DNeX’s Sustainable Finance Framework (“Framework”), while Sustainability-Linked Sukuk issuances will be aligned with the relevant requirements set out in the Framework.
RAM Rating Services Berhad has assigned ratings of A1/Stable for the Senior Sukuk Wakalah and A3/Stable for the Perpetual Sukuk Wakalah. The ratings reflect the Group’s diversified business profile and established presence in the semiconductor and information technology sectors.
RAM Sustainability Sdn Bhd has accorded a Gold Sustainable Finance Rating following its second-party opinion assessment of DNeX’s Sustainable Finance Framework. This rating highlights the Framework’s strong alignment with applicable sustainability standards and disclosure requirements.
Group Chief Financial Officer Vinie Chong Pui Ling said the Sukuk Wakalah Programme gives DNeX greater flexibility to optimise its capital structure and cashflow management while supporting continued growth across its core businesses – semiconductor, information technology and energy.
“The A1 rating accorded by RAM Rating for our Senior Sukuk Wakalah Programme underscores our Group’s credit strength and financial resilience, which are underpinned by our diversified business profile, strong market position and proven technical expertise,” she added.
“The Gold Sustainable Finance Rating recognises DNeX as the first in Malaysia to incorporate Green Enabling Projects within our Sustainable Finance Framework. This milestone, together with our strong alignment with transparency and disclosure requirements, reflects our commitment to responsible financing.”
“Together, these recognitions reinforce DNeX’s long‑term value creation strategies and commitment to sustainable growth. They enhance our access to sustainable capital, broaden our investor base, and enable high‑impact projects that generate both financial returns and positive environmental outcomes—delivering responsible and resilient growth for our stakeholders,” Chong said.
CIMB Investment Bank Berhad and Maybank Investment Bank Berhad are the Joint Principal Advisers, Joint Lead Arrangers, Joint Lead Managers and Joint Sustainability Structuring Advisers for the Sukuk Wakalah Programme. CIMB Investment Bank Berhad is the sole Facility Agent, while CIMB Islamic Bank Berhad and Maybank Islamic Berhad are the Joint Shariah Advisers.