38. SIGNIFICANT EVENTS DURING THE FINANCIAL YEAR AND SUBSEQUENT EVENT (CONTINUED) Significant events during and subsequent to the financial year are as follows:- (continued) (c) Nuraslina binti Zainal Abidin (“Plaintiff”) vs Dagang Net Technologies Sdn. Bhd. (“Dagang Net”), Dagang NeXchange Berhad (“the Company” or “DNeX”) and Genaxis Group Sdn. Bhd. (“Genaxis”) (Dagang Net, the Company and Genaxis shall collectively be referred to as “Defendants”): (continued) At the hearing on 22 August 2022, the Judicial Commissioner has dismissed the Plaintiff’s Legal Suit with no order as to cost. On 21 September 2022, the Company has received a copy of unsealed notice of appeal dated 19 September 2022 from the Plaintiff in respect of the appeal filed by the Plaintiff against the decision made by the Judicial Commissioner which had dismissed the Plaintiff’s petition for minority oppression. The appeal is presently fixed for case management on 19 December 2022. (d) Outbreak of Coronavirus Pandemic (“COVID-19”) In transitioning to the endemic phase of COVID-19, the Group and the Company are still unable to reasonably estimate the financial impact of COVID-19 for the foreseeable future as the situation is still evolving and uncertain. Nonetheless, the Group and the Company will continuously monitor, take appropriate measures to mitigate the impact of COVID-19 on its operation and financial performance. 39. COMPARATIVE FIGURES The Company had changed its financial year end from 31 December to 30 June effective from the previous reporting period. Consequently, the comparative figures are for the previous 18 months period from 1 January 2020 to 30 June 2021. The current financial statements are for a period of 12 months from 1 July 2021 to 30 June 2022. Due to the changes in the financial year end, the amounts presented in the financial statements are not entirely comparable. 307 DNeX INTEGRATED REPORT 2022
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