<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 18): Perdana Petroleum Bhd saw 2.56% of its shares traded off-market this afternoon.</p></div>

<div class=newsTextDataWrapInner><p>According to Bloomberg, the 19.91 million shares were traded at 34 sen apiece, or a total of RM6.77 million, at 3:39 pm.</p></div>

<div class=newsTextDataWrapInner><p>This represents a 5.5 sen or 13.92 percent discount to the group’s closing price of 39.5 sen.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The identities of those who had participated in the trade could not be ascertained at the time of writing.</p></div>

<div class=newsTextDataWrapInner><p>In its annual report for the financial year ended Dec 31,2018 (FY18), Perdana Petroleum said that as of March 12, 2019, its largest shareholders were Dayang Enterprise Holdings Bhd (with a 60.48% stake) and Naim Holdings (8.31%)</p></div>

<div class=newsTextDataWrapInner><p>The Edge Financial Daily reported today that Perdana Petroleum is confident of returning to the black in FY20, following the completion of its debt restructuring exercise, as well as better conditions for its offshore marine services segment.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Perdana Petroleum closed unchanged at 39.5 sen a share today, giving it a market capitalisation of RM307.5 million.&nbsp; The counter saw 13.57 million shares traded.</p></div>


Perdana Petroleum Bhd saw 2.56% of its shares traded off-market this afternoon.

According to Bloomberg, the 19.91 million shares were traded at 34 sen apiece, or a total of RM6.77 million, at 3:39 pm.

This represents a 5.5 sen or 13.92 percent discount to the group’s closing price of 39.5 sen.

Perdana Petroleum sees 2.56% of its shares traded off market .

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

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Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

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The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

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Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

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<p>Attention this week will be on the March inflation rate, with the <strong>Department of Statistics Malaysia</strong> (DOSM) slated to put out <strong>Consumer Price Index</strong> (CPI) — the key gauge for inflation — data on Thursday.</p>

<p>Inflation edged up by a higher-than-expected 1.8% i...

<p>A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.</p>


<p>A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.</p>


<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


<p>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</p>


<p>The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.</p>


<p>Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...