2019 Regional Network Established its regional footprint through the opening of an office in Jakarta, offering eServices and IT Solutions to cater to the Indonesian market. Automatic Tank Gauging (“ATG”) system Awarded contract to supply, install, test, commission and maintain ATG for some 200 PETRONAS stations worldwide. 2020 Collaboration with MARii Dagang Net Technologies Sdn Bhd collaborated with Malaysia Automotive Robotics and IoT Institute (“MARii”) to jointly develop and operate a Webbased information system for used vehicles. 2021 Ping Acquisition Completed acquisition of additional 60 per cent stake in Ping, expanding its holding to 90 per cent. SilTerra Acquisition Acquired 60 per cent stake in SilTerra Malaysia Sdn Bhd (“SilTerra”), a global semiconductor foundry. Avalon Oilfield Acquisition Ping acquired the remaining 50 per cent stake in UK North Sea Block 21/6b, License P.2006, containing the Avalon Oil Development. New Technology for Automotive Application ICs SilTerra unveiled a new technology, 180nm Bipolar-CMOS-DMOS (“BCD”) automotive grade process technology, for automotive application integrated circuits (“ICs”) or chips used in vehicles. 2022 New Manufacturing Technology SilTerra introduces C-SOI®-based technology for MEMS and Photonics devices. Progress in Avalon Development Ping obtains “No Objection” on Concep t Se l ec t f o r Av a l on Development, the company’s green field asset. 21 DNeX INTEGRATED REPORT 2022
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