Further to the Company's announcement dated 21 September 2020 on the appointment of Dato’ Sri Syed Zainal Abidin bin Syed Mohamed Tahir as the Group Managing Director of DNeX effective 1 October 2020, the Board of Directors of DNeX wishes to announce that Encik Mohd Azhar bin Mohd Yusof (“Encik Mohd Azhar”), the Acting Group Managing Director shall be re-designated as Executive Director, Group Corporate Services of DNeX effective 1 October 2020.

Encik Mohd Azhar was previously an Independent Non-Executive Director of the Company from 1 August 2019 to 31 January 2020. Subsequently, he was re-designated as Executive Director, Corporate Services/Risk and Compliance effective 1 February 2020 and thereafter, as the Acting Group Managing Director of the Company on 29 June 2020.

Encik Mohd Azhar has over 20 years of experience in the field of capital markets and corporate finance where he was involved in fundraising exercise via equity and debt capital market, debt recovery, corporate restructuring and turn-around, valuation, financial modelling, financial due diligence and merger and acquisitions (M&A).

This announcement is dated 21 September 2020.