<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 27): Three directors of aerospace-related company PetraX5 pleaded not guilty at the Magistrate's Court here&nbsp;on Tuesday to a charge of falsifying a share transfer form in May.</p></div>

<div class=newsTextDataWrapInner><p>Ahmad Suhaimi Abdul Halim, 44, Raja Shazreen Petra Raja Azman Shah, 32, and Mohamad Haziq Aiman Shamsuddin, 28, were jointly charged with falsifying a share transfer form dated Feb 16, 2026 at the premises of PetraX5 Sdn Bhd in Jalan PJU 1A/42B, Ara Damansara, near here on May 12.</p></div>

<div class=newsTextDataWrapInner><p>The charge was framed under Section 471 of the Penal Code, punishable under Section 465 of the same code, read together with Section 34, which provides for a maximum jail term of two years, a fine, or both, upon conviction.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Deputy public prosecutor Syed Ahmed Khabir Abdul Rahman proposed bail of RM10,000 for each accused, with one surety each.</p></div>

<div class=newsTextDataWrapInner><p>However, lawyers Kailash Sharma, representing Ahmad Suhaimi, and Muhammad Amin Othman, representing Raja Shazreen Petra and Mohamad Haziq Aiman, sought lower bail, citing their clients' family commitments and cooperation throughout the investigation.</p></div>

<div class=newsTextDataWrapInner><p>Magistrate Amira Sariaty Zainal allowed each accused bail of RM4,500 with one surety and fixed Jan 12 for mention.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


Three directors of aerospace-related company PetraX5 pleaded not guilty at the Magistrate's Court here on Tuesday to a charge of falsifying a share transfer form in May.

Three PetraX5 directors charged with falsifying share transfer form

CAIRO/ABU DHABI (Nov 9): US President Donald Trump will meet the prime minister of key mediator Qatar on Monday as efforts to end the Iran war ramp up following last week's midterm elections, though senior US and Gulf officials cast doubt on the chances of an imminent deal.

Trump to meet Iran war mediator Qatar, no imminent deal seen to end the war

MELAKA (Nov 9): Some 12,531 eligible early voters in the 16th Melaka State Election will cast their ballots across 31 gazetted early polling centres statewide on Tuesday (Nov 10).

Melaka polls: Over 12,000 early voters to cast ballots tomorrow

BENGALURU (Nov 9): The National Highway Traffic Safety Administration (NHTSA) on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries.

US auto regulator opens probe into 1.2 million Ford vehicles over airbag deployment

(Nov 9): Coinbase Global Inc, the largest US crypto exchange, said a key regulator has fully signed off on its request to become a nationally chartered trust bank, the latest example of firms in the digital-asset space entering the world of traditional finance.

Coinbase gets final regulatory stamp for trust-bank charter

BENGALURU (Nov 9): Emerging-market equities clawed back some of last week's losses on Monday, as a drop in oil prices and tentative hopes of de-escalation in the Middle East supported risk appetite.

Stocks rebound as oil falls on Middle East hopes

BENGALURU (Nov 9): US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

Wall St futures rise after rough week, but Nvidia unsettles investors

OSLO/COPENHAGEN (Nov 9): Norway's government said on Monday that it will curb the rapid growth of power-hungry data centres in the Nordic country, becoming the latest nation to limit a buildout driven by the global artificial intelligence industry.

Norway reins in data centre industry amid AI boom

LONDON (Nov 9): Oil prices fell on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus.

Oil falls as Trump signals restraint on Iran despite fresh shipping attacks

BEIJING (Nov 9): China on Monday effectively extended its trade truce with the US by two months, after announcing it would continue to suspend certain trade measures.

China extends US trade truce by two months

JAKARTA (Nov 9): BP has sold its entire 49.9% stake in an Indonesian petrol station joint venture to subsidiaries of its Indonesian partner AKR Corporindo, AKR said in a disclosure statement on Monday.

BP sells 49.9% stake in Indonesian petrol station venture, partner firm says

<p>(Nov 9):&nbsp;A Chinese state-run newspaper denied Beijing had any link to Nvidia Corp chief executive officer Jensen Huang’s extramarital affair, accusing American media outlets of spreading a fabricated spy narrative and warning the issue could hurt ties.</p>


China newspaper dismisses Jensen Huang spy claim, warns on ties

<p>There is a certain poetry in the TuJu story. On Oct 20, the prime minister urged Malaysians to ditch Waze for the home-grown alternative TuJu. A day later, the app was offline for “system upgrades”. Its eventual fix, an update on Oct 30, was to launch Google Maps whenever a user wanted to navigate.</p>


Frankly Speaking: The TuJu saga continues

<p>KUALA LUMPUR (Nov 9): While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.</p>


BNM: Lower inflation does not mean lower cost of living, CPI only tells part of story

<div class="content-side-bar-box">
<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<ul>
	<li>Sources say the company had expected to secure a higher valuation</li>
	<li>A private equity firm is said to be keen on acquiring a stake</li>
</ul>
</div>

<p>1 Doc Internation...

Beauty centre operator 1 Doc International’s IPO scrapped

<p>KUALA LUMPUR (Nov 9): Prime Minister Datuk Seri Anwar Ibrahim on Monday announced a special additional cash aid of RM2,500 for heads of eligible flood-affected households in Selangor, with payments expected to begin on Tuesday (Nov 10).</p>


PM: Special RM2,500 aid for hard-hit Selangor flood families, mitigation expedited

<p>BEIJING (Nov 9): China on Monday effectively extended its trade truce with the US by two months, after announcing it would continue to suspend certain trade measures.</p>


<div class="content-side-bar-box">
<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<ul>
	<li>Hektar REIT’s proposal to acquire KYS KL East International School for RM125 mil could be withdrawn, say sources</li>
	<li>Unitholders are to vote on the proposal on Nov 16</li>
	<...

Hektar REIT said to be withdrawing proposal to buy KYS KL East International School

<p>While nine months is not a long time for a new index, it can still provide useful insight into whether it is capturing the characteristics it was designed to identify.</p>

<p>In the first nine months of the year, the Bursa Malaysia Quality 50 Index (BMQ) has gained 9.4%. Over the same period, ...

Has the Bursa Malaysia Quality 50 Index passed its first real test?

<p>LONDON (Nov 9): Oil prices fell on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus.</p>


<p>SYDNEY (Nov 9): Australian data centre operator NextDC said on Monday that it would stop work on all projects without customer contracts following a big setback on a facility in Melbourne, as two major rivals finalised buying an A$715 million (US$492 million) stake in the company.</p>


NextDC pauses uncontracted projects after Australian data centre woes

<p>BENGALURU (Nov 9): Emerging-market equities clawed back some of last week's losses on Monday, as a drop in oil prices and tentative hopes of de-escalation in the Middle East supported risk appetite.</p>


<p>BENGALURU (Nov 9): Tesla will have to refund Cybertruck deposits for many customers as orders far exceed production capacity, CEO Elon Musk said, following last week's announcement that the electric vehicle maker is winding down the pickup truck's production at its Texas factory.</p>


Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says

<p>MALAYSIA adheres to clear governance rules and remains on track to reduce its fiscal deficit to 3% of gross domestic product (GDP) over the medium term, says Finance Minister II Datuk Seri Amir Hamzah Azizan (pictured) when asked about the transfer of net premiums from the issuance of government ...

The State of the Nation: Clear governance rules on net bond premium transfers as non-tax revenue, FM II says

<p>BENGALURU (Nov 9): US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.</p>


<div class="content-side-bar-box">
<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<ul>
	<li>The federal government’s non-tax revenue includes ‘net premium from issuance of government financial instruments’ of RM2 billion under Budget 2027</li>
	<li>‘Net premium from issuan...

The State of the Nation: When cash basis accounting allows net bond premiums to lift investment revenue

<p>(Nov 9):&nbsp;Nvidia Corp&nbsp;shares fell after the company’s board launched an investigation into chief executive officer Jensen Huang, following his admission of an affair with a woman identified in a series of reports as a suspected Chinese spy.</p>


Nvidia shares drop after CEO Huang’s affair triggers board probe

<p>Country Heights Holdings Bhd (KL:CHHB) has failed to draw bidders for two of its forced auctions this year. The latest was for a 667,147 sq ft leasehold parcel in Mukim Petaling owned by Mines Waterfront Business Park (in liquidation) that had a reserve price of RM152.77 million.</p>


Frankly Speaking: Why auctions of Country Heights assets failed

<div class="content-side-bar-box">
<p><span style="color:#c0392b;"><strong>Summary</strong></span></p>

<ul>
	<li>Geopolitical tensions, port congestion and rising oil prices are expected to keep shipping rates elevated into 2027</li>
	<li>Budget 2027’s extended tax exemption and lower stamp du...

Shipping cost crunch persists

<p>KUALA LUMPUR (Nov 9): Malaysia must step up vigilance against threats posed by state-linked&nbsp;hacker groups capable of breaching networks and crippling essential services, says&nbsp;Malaysia Cyber Consumer Association (MCCA) president Siraj Jalil.</p>


Malaysia must step up vigilance against state-linked hackers — association

<p>(Nov 9):&nbsp;UniCredit SpA reported record quarterly profit as it lifted full year guidance, giving chief executive officer Andrea Orcel a tailwind as he nears control of Commerzbank AG.</p>
