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MALAYSIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2006.

AsiaPulse News

| August 01, 2006 | COPYRIGHT 2006 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, Aug 1 Asia Pulse - Highlights of today's newspapers:

BUSINESS TIMES:

- Proton Holdings Bhd says it has put tighter systems in place to check any lapse in corporate governance in future.

- Budget airline AirAsia Bhd is making a fresh attempt to secure landing rights in Singapore, this time with the support of the Malaysian Government.

- Plantation stocks, supported by firm palm oil prices that hovered near a two-year high, were the best performers on Bursa Malaysia last month, and analysts believe the run is not over.

- Malaysia's Zurex Corp Sdn Bhd, which is building a biodiesel plant in Sabah, has agreed to take control of the UK-listed Biofutures International plc in a deal worth some RM123 million.

- Affin Islamic Bank Bhd expects to increase its assets by up to 15 per cent, from the current RM2.5 billion, by the end of next year.

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Source: HighBeam Research, MALAYSIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2006.

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