KUALA LUMPUR (Aug 14): Dagang NeXchange Bhd (DNeX) shares rose 1.92% this morning after it had inked a memorandum of understanding (MoU) with Johor government-owned Perbadanan Islam Johor Sdn Bhd (PIJ), to work on the Johor halal certification blockchain system (JHCBS) for the application and verification of halal and marriage certificates, as well as the development and implementation of a digital halal hub and an e-commerce halal platform.

At 9.08am, DNeX added 0.5 sen to 26.5 sen for a market capitalisation of RM465.88 million.

In a statement yesterday, the group said its wholly-owned subsidiary Dagang Net Technologies Sdn Bhd inked the MoU with PIJ, which will see the two working on the JHCBS.

This includes the embedding of blockchain technology for the application and verification of halal and marriage certificates.

The two groups will also look in the development and implementation of a digital halal hub and an e-commerce halal platform.