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MALAYSIAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2004.

AsiaPulse News

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

THE STAR:

- Commerce International Merchant Bankers Bhd (CIMB) said yesterday it has completed its Tier 2 subordinated debt of US$100mil, which was oversubscribed by 4.25 times.

- Analysts are positive about airline veteran Datuk Ahmad Fuaad Mohd Dahalan's appointment as Malaysia Airlines (MAS) new managing director effective today.

- Pioneer Internet service provider Jaring aims to provide managed contact centre services to corporations within the next six months, chief executive officer Dr Mohammed Awang Lah said.

- The KLSE Composite Index (CI) staged another late rebound yesterday to regain almost 19 points lost earlier the day, closing up 0.33 of a point at 901.85. This was the third day that last minute window-dressing had been observed on the local bourse.

- Affin-ACF Holdings Bhd unit Affin-ACF Finance Bhd expects to post double-digit loans growth this year with its proactive strategies in expanding its motor financing and home mortgage businesses as well as lending to small- and medium-sized industries.

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

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