<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 23):&nbsp;Oil and gas services firm Keyfield International Bhd (KL:<a href="/askedge/klse/5321" class="ce-stock" target="_blank">KEYFIELD</a>) said on Friday it had secured a contract to provide an accommodation workboat worth RM48 million that includes an extension option.</p></div>

<div class=newsTextDataWrapInner><p>The primary charter started in August and is valued at RM34.6 million for an unspecified period, while the extension option is valued at RM13.4 million, Keyfield said in an exchange filing. Keyfield will provide crew and on-board services along with the workboat, the company noted.</p></div>

<div class=newsTextDataWrapInner><p>The contract is expected to contribute to the earnings and net assets of Keyfield for the financial year ending Dec 31, 2024, Keyfield said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vestigo is a unit of Petronas Carigali Sdn Bhd, which in turn is a wholly owned unit of Malaysia’s national oil and gas company Petroliam Nasional Bhd.</p></div>

<div class=newsTextDataWrapInner><p>At Friday's noon break, Keyfield's share price was traded two sen or 0.8% lower at RM2.44, bringing the group a market capitalisation of RM1.96 billion. The stock, listed on the Main Market of Bursa Malaysia in April this year, has nearly tripled from its initial offering price of 90 sen.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/722959" target="_blank">Keyfield more than doubles 2Q net profit, flags upcycle amid tight supply</a><br />
<a href="https://theedgemalaysia.com/node/708756" target="_blank">Keyfield International makes impressive debut on Main Market with 89% premium</a></em></p></div>


Oil and gas services firm Keyfield International Bhd (KL:KEYFIELD) said on Friday it had secured a contract to provide an accommodation workboat worth RM48 million that includes an extension option.

Keyfield bags RM48m accommodation workboat contract

Meta Platforms Inc, under fire from parents and lawmakers over its impact on teens’ mental health, plans to use artificial intelligence (AI) to identify young users on Instagram who are lying about their age and automatically switch them into more restrictive privacy settings.

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KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.

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OM Holdings Ltd’s (KL:OMH) near-term outlook appears cloudy as metal prices soften, while market uncertainties dampen demand for its manganese ore and ferroalloys, said BIMB Securities.

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Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes if Donald Trump wins a second term as the US president.

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The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12 to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.

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(Nov 5): Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.

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US equity funds saw substantial outflows in the week to Oct 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday.

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China’s top legislative body reviewed a proposal to move some off-balance-sheet debt of local governments to their official accounts, paving the way for the first mid-year increase in the borrowing limit since 2015.

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<p>IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.</p>


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<p>Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes&nbsp;if Donald Trump wins a second term as the US president.</p>


<p>SEATTLE/MONTREAL (Nov 4): Boeing’s US West Coast factory workers were voting on an improved contract offer on Monday, that could end a seven-week strike and restart most jet production at the troubled planemaker.</p>


Boeing workers vote on wage deal that could end strike

<p>The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12&nbsp;to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.</p>


<p>Stocks failed to gain traction and bonds climbed, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve (Fed) rate decision.</p>


Wall Street shuns risk before coin-toss election

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<p>Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some of the industry’s top executives.</p>

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Big Oil chiefs see Middle East conflict, China as top concerns

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<p>ON Tuesday, Nov 5, Americans will go to the polls to elect their 47th president. Incumbent Joe Biden’s four-year term of office ends at noon on Jan 20 next year, when a new president will be sworn in. Since mid-July when Biden, 82, announced that he would not seek re-election, the race has litera...

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<p>A late season tropical storm predicted to intensify into a category 2 hurricane in the US&nbsp;Gulf of Mexico this week could reduce US&nbsp;oil production by about four million barrels, researchers said.</p>


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<p>A security fence rings a Las Vegas building where Nevada tabulates votes. An Arizona sheriff has his department on high alert to guard against potential violence with drones and snipers on standby. Governors of at least three states have called for National Guard troops to help maintain the peace.</p>


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<p>In the world of sports, football is a mean business and is not for the faint-hearted. In Sir Jim Ratcliffe, Britain’s fourth richest man, and co-owner of Manchester United Football Club, you have someone who means business.</p>

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<p>KPMG will lay off&nbsp;4%, or about 330 people, of its audit workforce in the US, a source familiar with the matter said on Monday.</p>

<p>Besides KPMG, Ernst &amp; Young, Deloitte, PricewaterhouseCoopers make up the Big Four of accounting firms.</p>


KPMG to lay off 4% of US audit workforce, source says

<p>Melaka plans to set up a consortium to develop idle farming land for paddy farming to increase its paddy production, said State Rural Development, Agriculture and Food Security Committee chairman Datuk Dr Muhamad Akmal Saleh.</p>


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<p>KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.</p>


<p>(Nov 5):&nbsp;Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.</p>


<p>CapitaLand Investment (CLI) announced on Tuesday that it had secured S$261 million (RM865.14 million) capital commitment from a new Japanese capital partner, Mitsui OSK&nbsp;Lines, for its Southeast Asia and India private funds.</p>
