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MALAYSIAN NEWSPAPER HIGHLIGHTS - JULY 1, 2004.

AsiaPulse News

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

THE STAR:

- Petroliam Nasional Bhd (Petronas) has strengthened its position as Asia's largest oil and gas firm as well as the biggest and most profitable Malaysian company after reporting its best financial performance in its 30-year history.

- While oil and gas stocks occasionally still draw interest, there is a relatively new member of this group that fund managers are nibbling on.

- In the first of a series on the improving trade and investment scene between Malaysia and Singapore, StarBiz profiles Singapore's dynamic investment arm, Temasek Holdings.

- The number of companies that still do not meet the minimum paid-up capital requirement for continued listing has dropped to 28, equivalent to 3% of the total number of companies listed on Bursa Malaysia as

at June 29.

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

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