Malaysia share prices opened lower on Thursday

• Malaysia share prices opened lower on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.56 points to 1840.37.
• The ringgit opened higher against the US dollar following a recovery in oil prices coupled with disappointing US economic data, a dealer said.
• Federal Open Market Committee on Wednesday offered no changes to its zero interest rate policy. Not only did it not hike rates, it also removed all hints for what may lie ahead.
• Westports Holdings Bhd, which has allocated RM500 million in capital expenditure (capex) for 2015, sees Asean as the preferred market for mergers and acquisitions
• VSolar Group Bhd was slapped with an unusual market activity (UMA) query by Bursa Malaysia, which it denied knowing the reason for, yesterday following an unusual price movement and rise in volume of the its shares recently.
• Willowglen MSC Bhd, which is involved in providing supervisory control and data acquisition (Scada) systems, plans to expand its global market presence and may consider acquisitions in the future.
• Asian Broadcasting Network (M) Sdn Bhd (ABNxcess), the first digital cable TV operator in the country that is said to be facing financial woes, has to be more appealing in content offerings
• Daya Materials Bhd has received a call option notice from Perfect Propel Sdn Bhd (PPSB) stating its intention to exercise the revised call option, which requires Daya Materials to dispos of a 50% stake in its 70%owned subsidiary Daya CMT Sdn Bhd (DCMT) to PPSB for RM30 million.