<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 10): Deleum Bhd (KL:DELEUM) has bagged a letter of award (LOA) worth RM105 million from Petronas Carigali Sdn Bhd (PCSB) — a wholly owned subsidiary of Petroliam Nasional Bhd (Petronas).</p></div>

<div class=newsTextDataWrapInner><p>In a filing to the bourse on Monday, Deleum said its 86.67%-owned indirect subsidiary Deleum Technology Solutions Sdn Bhd (DTS) had been awarded the LOA to provide offshore maintenance, construction and modification (MCM) services, covering Peninsular Malaysia assets (gas package) for the year 2024.</p></div>

<div class=newsTextDataWrapInner><p>It said the contact period is from May 16 to Dec 31, 2024.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Deleum said the contract is expected to contribute positively to its earnings for the duration of the contract.</p></div>

<div class=newsTextDataWrapInner><p>It said the contract is expected to be funded via internally generated funds.</p></div>

<div class=newsTextDataWrapInner><p>At midday break on Monday, Deleum rose 2.80% or four sen to RM1.47, with 785,400 shares traded.</p></div>


KUALA LUMPUR (June 10): Deleum Bhd (KL:DELEUM) has bagged a letter of award (LOA) worth RM105 million from Petronas Carigali Sdn Bhd (PCSB) — a wholly owned subsidiary of Petroliam Nasional Bhd (Petronas).

Deleum gets letter of award worth RM105m from Petronas Carigali

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<h2>NEWS</h2>

<h3><span style="color:#e74c3c;">Malaysia gears up for digital economy boost with major tech investments</span></h3>

<p>With substantial tech investments on the horizon, Malaysia Digital Economy Corporation (MDEC) and the government are focused on implementing and realising the i...

<p>The building of trust is a fundamental concern when it comes to new technology. This is especially true for artificial intelligence (AI), which faces issues ranging from security threats, such as deepfakes, to the reliability of the data it generates.</p>

<p>Addressing these concerns often inv...