<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 30): Perdana Petroleum Bhd’s (KL:<a href="/askedge/klse/7108" class="ce-stock" target="_blank">PERDANA</a>) subsidiary, Perdana Nautika Sdn Bhd, has secured a charter contract to provide a work barge to Keyfield Serenity Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>In this deal, Perdana Nautika is to provide Keyfield with a work barge marine vessel, along with the crew and equipment needed for 24-hour assistance, accommodation, or transport for offshore operations.</p></div>

<div class=newsTextDataWrapInner><p>The contract is expected to last over a period of 241 days, ending around March 7, 2027, and is expected to contribute to the company’s revenue in its 2026 and 2027 financial years.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Keyfield is a local company that charters marine vessels, either their own or from other companies, primarily for offshore accommodations. They are a panel contractor to Petronas Carigali Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>In its bourse filing on Thursday, Perdana Petroleum said that the contract was originally secured back on May 21 and commenced on July 9.</p></div>

<div class=newsTextDataWrapInner><p>Perdana Petroleum’s shares closed half a sen or 3.03% lower to 16 sen per share on Thursday, valuing the company at RM356.5 million.<br />
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Perdana Petroleum Bhd’s (KL:PERDANA) subsidiary, Perdana Nautika Sdn Bhd, has secured a charter contract to provide a work barge to Keyfield Serenity Sdn Bhd.

Perdana Petroleum bags contract to charter work barge to Keyfield Serenity

Philippine authorities said a politician from Marawi City in the country's southern island of Mindanao had allegedly chartered the Malaysia-based private jet involved in a bid to fly over half a tonne of meth from Laos to the Philippines, Bernama reports.

Mindanao politician funded private jet in Laos drug bust, say Philippine authorities

A total of 13,743.15 tonnes of vehicle battery waste classified under scheduled waste code SW103 were generated nationwide between 2021 and 2025, according to the Ministry of Natural Resources and Environmental Sustainability (NRES).

A total of 13,743 tonnes of battery waste generated nationwide from 2021 to 2025

Malaysia is stepping up efforts to achieve its US$30 billion bilateral trade target with Thailand in 2027 through improved border infrastructure, cross-border financing and trade facilitation measures under Budget 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Amir Hamzah said bilateral trade reached RM85.08 billion in the first seven months of 2026, compared with RM66.95 billion in the same period last year, while trade along the Bukit Kayu Hitam-Sadao corridor totalled RM27 billion in the first half of this year.

Malaysia steps up efforts to achieve US$30 bil trade target with Thailand

Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).

IMF Asia and Pacific Department director Krishna Srinivasan said Malaysia and Brunei were the two Asean countries exporting energy and benefiting from the recent energy shocks.

Malaysia should broaden tax base, improve subsidy targeting to withstand future shocks — IMF

The International Energy Agency said that members agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March aimed at calming global markets.

IEA agrees to release of outstanding 100 mil barrels of oil

Indonesia has begun using dry ice to disperse thick haze caused by forest fires in South Sumatra by deploying 1,600 kilogrammes in an experimental weather modification operation on Thursday.

National Disaster Management Agency (BNPB) Disaster Data, Information and Communication Centre acting head Berton Panjaitan said the operation involved two flights, each carrying 800 kilogrammes of dry ice, targeting areas surrounding Sultan Mahmud Badaruddin II International Airport in Palembang

Indonesia deploys dry ice to disperse haze in South Sumatra

The Nasdaq fell to near one-month lows on Thursday, weighed by a worsening sell-off in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data pointing to building US price pressures.

Nasdaq slides to near one-month low as AI rout deepens

Of the 19 Bursa Malaysia-listed firms dropped by audit firm TGS TW PLT last month, 13 have since announced replacements, with interior design outfit Adnex Group Bhd (KL:ADNEX) being the latest to fill the vacancy.

Thirteen of 19 firms dropped by TGS TW have named replacements; most opted for Kudos SBC

The government believes that existing laws are sufficient to deal with offences involving race, religion and the royal institution (3R), said National Unity Minister Datuk Aaron Ago Dagang.

Focus on enforcement as existing laws sufficient to address 3R issues — minister

Malaysia will continue to use diplomatic channels and Asean mechanisms to address the transboundary haze issue with Indonesia through a phased approach that prioritises its people's interests and health, without jeopardising bilateral relations, said Foreign Minister Datuk Seri Mohamad Hasan.

Malaysia has no plans to take legal action or issue diplomatic note over haze — Mohamad Hasan

<p>Penang Regional Development Authority (Perda) chairman Datuk Dr Shaik Hussein Mydin has been charged with 15 counts of receiving bribes totalling nearly RM850,000.</p>


Penang development authority chairman Shaik Hussein Mydin charged with 15 counts of graft

<p>IN September 2022, CGS International Securities Sdn Bhd (then CGS CIMB) granted a RM60 million margin trading account facility to Wong Thean Soon, co-founder and largest shareholder of MyEG Services Bhd, now known as Zetrix AI Bhd (KL:ZETRIX).</p>

<p>The facility came with a price cap on Zetri...

Cover Story 2: Insights into margin calls on Zetrix’s Wong

<p>THE situation at Zetrix AI Bhd (KL:ZETRIX) appears to be deteriorating, with more issues emerging. Late last Friday (Oct 2), Zetrix and its wholly-owned unit MyEG Sdn Bhd had their roles as collection agents for the Road Transport Department (JPJ) suspended, effective from 12.01am on Oct 5.</p>
...

Cover Story 2: Heading deeper into the woods

<p>Zetrix AI Bhd (KL:ZETRIX) on Thursday confirmed it is under police investigation following a Bursa Malaysia query about a news report on the probe.</p>


Zetrix AI confirms police investigation into company following Bursa query

<p>CTOS Digital Bhd (KL:CTOS) reversed course toward new all-time low on Thursday as more analysts downgraded the digital services firm following a major cybersecurity incident.</p>


CTOS Digital resumes descent to new all-time low with more analyst downgrades

<p>Malaysia recorded a 4.5% decline in live births in 2025, while the total fertility rate (TFR) fell to 1.5 children per woman, reflecting a continued downward trend in the country's birth rate.</p>


Malaysia's live births down 4.5%, fertility rate at 1.5 children per woman in 2025 — official data

<p>IN a rare move, Excel Force MSC Bhd ­(KL:­EFORCE) (EForce) has proposed to raise funds of up to RM10.66 million through the issuance of new shares.</p>

<p>According to the company, which last implemented a share placement to raise funds in 2010, the proceeds are required for working capital be...

Cover Story 2: Where did Excel Force’s RM26.6 mil go?

<p>Nasdaq-listed American Resources Corporation (ARC) has appointed Datuk Mark Ling as chief executive officer of its newly established American Resources Indo Pacific, which will spearhead the group's expansion into the region, starting with the development of an integrated rare earth supply chain in Malaysia.</p>


American Resources appoints former Edra president Mark Ling to lead rare earth supply chain development in Malaysia

<p>India's sunflower oil imports slumped to their lowest in more than four years in September as war-related disruptions curbed supplies from Russia and Ukraine, prompting refiners to ramp up palm oil purchases to a seven-month high, a leading industry body said on Thursday.</p>


India turns to palm oil as sunflower oil imports hit four-year low in September

<p>Malaysia is considering hosting Formula One (F1) races once every few years, potentially in collaboration with other countries, following the recent Bahrain Grand Prix held at the Sepang circuit that generated nearly RM950 million in estimated economic returns.</p>


Malaysia mulls F1 return after race generates RM950 mil in economic returns

<p>Malaysia’s central bank has greater room to adjust interest rates after changing its policy guidance last month and stands ready to act if inflation pressures intensify as the Middle East conflict keeps energy prices elevated, its governor said.</p>


BNM governor signals room to act as inflation risks rise

<p>The government plans to introduce a “user-pays” electricity pricing system for large consumers, including data centres and energy-intensive industries, to shield households from rising electricity costs.</p>


Govt plans ‘user-pays’ electricity pricing for data centres, energy-intensive industries

<p>Malaysian shares fell on Thursday as a four-day winning streak on the FBM KLCI ended amid renewed concerns over rising US interest rates.</p>


Malaysia shares slip as US inflation worries, foreign selling end four-day win streak

<p>A three-member Court of Appeal bench on Thursday ruled that a commissioned lawyer and partner at a law firm is liable to pay the balance purchase price owed to a house-seller client, despite another partner of the law firm being responsible for the loss.</p>


Appellate court rules commissioned partner considered a partner, liable to pay firm’s debt

<p>Malaysia wants data centre investors to bear the cost of transmission upgrades required by their projects rather than pass the investment to the local players.</p>


Data centre investors must bear necessary grid upgrade costs, says Johari Ghani

<p>AWC Bhd (KL:AWC) outperformed the broader market on Thursday after the engineering services firm added another contract related to data centres to its books.</p>


AWC outperforms market after contract win, analysts stay positive

<p>The US is considering using its biggest non-nuclear bomb against Iran if President Donald Trump should decide to renew combat in the war that has hit a deadlock, <em>CNN</em> reported on Thursday.</p>


US considering 'mother of all bombs' in Iran war — report

<p>Malaysia welcomes China's proposals to expand technology and knowledge transfer, as both countries seek to deepen strategic cooperation beyond conventional investment arrangements, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.</p>


Malaysia welcomes China's technology, knowledge transfer proposals, says Zahid

<p>DATUK Seri Azmir Merican, group managing director and CEO of Sime Darby Property Bhd (SDP), is steering the country’s largest developer by land bank away from the traditional develop-and-sell model to become a diversified real estate group.</p>

<p>SDP is sweating its land bank, maximising retu...

Cover Story: ‘We went against the grain’

<p>CelcomDigi Bhd (KL:CDB) said its wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd, has accepted a spectrum award from the Malaysian Communications and Multimedia Commission (MCMC) worth RM381.75 million to strengthen its mobile network.</p>
