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MALAYSIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2004.

AsiaPulse News

| March 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, March 1 Asia Pulse - Highlights of today's newspapers:

THE STAR:

- Shah Alam is rapidly turning into one of the fastest growing corridors in the Klang Valley, with at least 15 property development projects on 6,500 to 7,000 acres currently underway.

- Water treatment companies are currently assessing the impact of the recent move by the Federal government to review downward the bulk water rates they currently charge to respective water authorities.

- Industry players are sceptical over the survival of the new palm kernel futures contract (FPKO) on the Malaysia Derivatives Exchange (MDEX), as they believe the contract has still yet to attract more active participation from plantation companies, producers, traders and consumers.

- Seremban 3 township developer Menang Corp (M) Bhd is expected to speed up the development of its terrace houses in light of strong demand from house buyers.

BUSINESS TIMES:

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