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DXN Limited (ASX:DXN)

ALERT: Price-sensitive ASX Announcement for DXN
Current share price for DXN : $0.155 0.116 (297.44%)+
Announcement
Release
19 Jan 2026 11:45AM
Price at Release
$0.039
Full Release
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Summary
DXN Limited, a modular data centre specialist, announced the signing of a Memorandum of Understanding with Super Sistem Indonesia to form a Joint Venture in Singapore. This venture aims to capitalize on Indonesia's rapidly expanding digital infrastructure market by overcoming local regulatory challenges and establishing a manufacturing facility in Jakarta. This strategic move plans to leverage the burgeoning demand for local data storage solutions driven by Indonesia's digital economy growth, offering a projected revenue opportunity of around US$7 million over the next three years.
Key Points
  • DXN Limited has signed a Memorandum of Understanding (MOU) with Super Sistem Indonesia (SSI).
  • The objective is to establish a Joint Venture (JV) holding company in Singapore with equal ownership by both companies.
  • The MOU positions DXN to capture growth opportunities in Indonesia's digital infrastructure sector.
  • Indonesia's regulatory environment presents barriers, and the JV helps DXN navigate them by localizing operations.
  • The partnership aims to capitalize on Indonesia’s growing need for local data storage facilities due to increased digital activity.
  • The projected revenue opportunity from the JV is approximately US$7 million over the next three years.
  • DXN intends to set up a manufacturing facility in Jakarta as part of its growth strategy in the region.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.