Malaysia News Highlights : 6th July 15

• Malaysia share prices opened higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 3.46 points to 1737.23.

• The ringgit was traded marginally higher against the US dollar this morning on back of mild buying support for the local note.

• MIDF Research has placed its year-end target of 1,900 points for the FBM KLCI under review for possible adjustment since the market is still absorbing the impact of liquidity and political issues in the country.

• Genting Malaysia Bhd, which has been approached by several parties for its 17.81% stake in Genting Hong Kong Ltd, yesterday received shareholders' approval for the disposal, for a sum of not less than RM1.7 billion.

• Biosis Group Bhd has submitted an appeal to Bursa Securities yesterday on its decision to reject the company's proposed regularisation plan and the de-listing of its securities.