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MALAYSIAN NEWSPAPER HIGHLIGHTS - DEC 1, 2004.

AsiaPulse News

| December 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KUALA LUMPUR, Dec 1 Asia Pulse - Highlights of today's newspapers:

THE STAR:

- Malaysia's economy is on track to achieve the official target of 7% growth this year following good expansion in the third quarter ending September.

- Antah Holdings Bhd plans to list two subsidiaries on Bursa Malaysia next year, acquire a controlling stake in a construction-based company and divest existing non-core assets as part of its strategy to streamline operations.

- Sime Darby Bhd reported a higher net profit of RM261.8mil for the first quarter ended Sept 30 compared with RM252.5mil in the corresponding period a year earlier.

- The Transport Ministry is waiting for Malaysia Airlines and AirAsia to inform it of the outcome of negotiations to work out a cooperation arrangement, said Minister Datuk Seri Chan Kong Choy.

- October money supply expands by 10.7% Malaysia's broadest measure of money in circulation expanded in October at its fastest pace since June as banks extended more loans to consumers and companies.

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Source: HighBeam Research, MALAYSIAN NEWSPAPER HIGHLIGHTS - DEC 1, 2004.

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