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KUALA LUMPUR, Aug 1 Asia Pulse - Highlights of today's newspapers:
THE STAR:
- Financial planners, seen as an important group of professionals in the banking landscape of the future, are likely to require licensing as investment advisers.
- Malaysia Airlines (MAS) definitely expects its earnings to be affected by the SARS outbreak earlier this year, but is looking to the reinstatement of flights to China and the upsurge in air travel demand experienced lately to cushion the drop.
- Lingerie maker Caely Holdings Bhd made its debut on the KLSE second board yesterday with an opening premium of 34 sen over its issue price of 65 sen after Caely executive chairman Theresa Fong Nyok Yoon officiated at the listing ceremony.
- Nova MSC Bhd received overwhelming response to its initial pubic offering, recording the highest over-subscription rate among Mesdaq market candidates to date.
- Bina Puri Holdings Bhd has received several letters of intent from the government for projects worth RM450mil, said executive chairman Datuk Mohamed Feisal Ibrahim.