Malaysia News Highlights- 15th July 15

• Malaysia share prices opened higher on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.79 points to 1,722.89.

• Trading in Perwaja Holdings Bhd shares were suspended today pending the signing of the conditional master framework agreement with China's TianJin Zhiyuan Investment Group Co Ltd, in a bid to revive the Kemaman steel plant.

• Icon Offshore Bhd's wholly-owned subsidiary, Icon Offshore Group Sdn Bhd (IOGSB), has received two letters of award from an oil major to provide two anchor handling tug and supply vessels (AHTS) contracts worth RM55 million.

• Petroliam Nasional Bhd (Petronas) announced that the Tembikai field under the Tembikai-Chenang Cluster small field risk service contract (RSC) has recently achieved its first oil.

• Telecommunications network service provider, OCK Group Bhd is planning to undertake a renounceable rights issue of up to 290.5 million new shares on the basis of one rights share for every two existing shares held.

• Northport (Malaysia) Bhd's wholly-owned subsidiary of NCB Holdings Bhd has awarded RM143.1 milion job to Muhibbah Engineering (M) Bhd to design and build for the upgrading of Wharf 8 and Container Terminal Four (CT4).