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MALAYSIAN NEWSPAPER HIGHLIGHTS - OCT 25, 2001.

Publication: AsiaPulse News

Publication Date: 25-OCT-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

KUALA LUMPUR, Oct 25 Asia Pulse - Highlights of today's newspapers:

THE STAR

- The circuit breaker mechanism for the KLSE proposed by Prime Minister and Finance Minister Datuk Seri Dr Mahathir Mohamad in Budget 2002 will be implemented in the first quarter of next year. It is aimed at preventing sharp downward volatility on the exchange.

- HLG Capital Bhd's proposal to acquire Borneo Securities Sdn Bhd was voted down by its shareholders at an EGM yesterday.

- Business confidence in the country, which had already been ad-versely affected prior to the Sept 11 attacks on the US, may be even lo-wer than currently indicated, thereby heightening the risk of a possible recession, the Malaysian Institute of Economic Research (Mier) said.

- Software solutions company PDX Computers Sdn Bhd...

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