Malaysia News Highlights

• Malaysia share prices slipped on Monday morning with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 0.48 points to 1,787.02 points.

• The ringgit eased against the US dollar in early trade today on softer demand for the local unit

• Sime Darby Bhd has revised its net profit target for financial year ending June 30, 2015 downwards on lower crude palm oil price as well as weak performance of the industrial and motor divisions, its president and group CEO said.

• Petroliam Nasional Bhd (Petronas), which saw a 39% earnings drop for the first quarter ended March 31, 2015, plans lower dividend payment to the government this year.

• Malaysia’s total trade with Japan increased by 1.4% in 2014, reaching RM137.45 billion, said Malaysian Ambassador to Japan.