FROM OUR CHAIRMAN The Information Technology (“IT”) segment is also expanding its digital technology footprint through collaborations in AI and advanced digital solutions, deepening its exposure to fast-moving technology segments. Execution discipline, careful partner selection and prudent capital allocation will determine the Group’s ability to deliver results from these priorities. It is clear that while DNeX is often viewed as operating across three distinct sectors, the Group’s business units are now far more interconnected, driven by the rise of the AI Infrastructure Stack. As more countries pursue sovereignty over data residency, supply chains and energy independence in seeking to fully own their Sovereign AI Infrastructure Stack, DNeX’s integrated capabilities have become increasingly relevant. The Group operates its own upstream oil field and supplies oil and gas, power and communications equipment and services, holds a majority stake in an independent global semiconductor foundry serving international customers, and has a proven track record in delivering enterprise-level IT projects for the Government of Malaysia. Taken together, these strengths place DNeX in an advantageous position as a key participant in the growing demand for Sovereign AI Infrastructure Stack. Regulatory developments continue to shape DNeX’s sustainability agenda. In FY2025, the Group reassessed its material sustainability priorities and clarified its ESG roadmap, providing greater direction and coherence to its sustainability efforts. The next stage of DNeX’s sustainability journey will be characterised by stronger ownership at the operational level, with sustainability considerations embedded into planning processes and investment decisions across the Group, supported by clear frameworks and measurable targets. At the same time, mitigation and adaptation planning is progressing, building on existing capabilities in emissions measurement, energy management and environmental controls. These initiatives support the development of a broader climate framework that is aligned with evolving regulatory and market expectations, while positioning the Group for more comprehensive sustainability disclosures in future reporting periods. The Board remains focused on ensuring that these efforts translate into sustainable financial returns, rather than growth without corresponding profitability. STRENGTHENING LEADERSHIP FOR CONSISTENT EXECUTION FY2025 marked the first full year of leadership under Group Chief Executive Officer (“GCEO”) Faizal Sham Abu Mansor, following his appointment on 1 November 2024. The Board views the establishment of a full leadership cycle as an important step in reinforcing organisational clarity and decision making as the Group enters its next phase of execution. The appointment of Datuk Hamzah Bachee as an Independent NonExecutive Director, together with the reconstitution of the Employee Share Option Scheme Committee into the Long-Term Incentive Plan Committee, further highlights the Group’s vision to improve governance and ensure a proper remuneration scheme is in place for its staff. With leadership structures firmly in place, the emphasis during the year shifted towards embedding expectations and aligning priorities across the organisation. The Board’s attention is now directed towards execution, ensuring that the measures undertaken during FY2025 translate into greater consistency in performance and clearer outcomes across the Group. As DNeX moves forward, leadership continuity provides a stable platform for stronger delivery, disciplined judgement and sustained operational focus. In navigating this period, the Board wishes to record its appreciation to Management and employees at all levels of the Group. Their professionalism, resilience and commitment enabled DNeX to implement necessary adjustments while maintaining operational continuity. Their collective efforts reflect the depth of capability within DNeX and provide confidence in the Group’s ability to meet evolving expectations. I thank my fellow Board Members for their stewardship and support during a year demanding careful judgment and clear direction. I also appreciate our regulators and government authorities, whose guidance and insight continue to support the Group’s operations. Our customers, partners, and financiers have our gratitude for their trust and cooperation, which enable the Group’s activities and long-term ambitions. Above all, we thank our shareholders for their patience and confidence as DNeX strengthens its foundations for sustainable value creation. The Board remains committed to sound governance, disciplined capital management, and responsible decision-making. With these priorities in place, DNeX enters FY2026 with clearer direction, stronger leadership, and a resilient platform for improved performance. TAN SRI DATO’ SRI HAJI SYED ZAINAL ABIDIN SYED MOHAMED TAHIR Chairman 39 OPERATIONAL REVIEW SUSTAINABILITY STATEMENT GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION INTELLIGENCE POWERING
RkJQdWJsaXNoZXIy NDgzMzc=