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KUALA LUMPUR, Sept 1 Asia Pulse - Highlights of today's newspapers:
THE STAR:
- Two years after putting its liberalisation plan in action, LPI Capital Bhd through its wholly-owned subsidiary London & Pacific Insurance Co Bhd (LonPac) is beginning to see the results by the striking numbers it achieved during the period.
- Unit trust management companies view the current on-going corrections and volatility of bond prices as healthy and remain optimistic of the outlook of the bond market in the longer term.
- Investors should not be too concerned with the temporary volatility in the bond market, as the investment should be viewed as a medium to long term one, according to Prudential Unit Trusts Bhd chief executive officer Mark Toh.
- Road Builder (M) Holdings Bhd's acquisition of New Pantai Expressway Sdn Bhd (NPE) in 2001 will soon bear fruit, and in about seven months, motorists can cruise on this third direct link between Kuala Lumpur and Petaling Jaya if they choose to avoid the congested Federal Highway, Road Builder executive vice-chairman Tan Sri Chua Hock Chin said.
- New Pantai Expressway Sdn Bhd (NPE) is poised to become a significant unit of Road Builder (M) Holdings Bhds (RBH) toll road division upon the highway's completion in the first ...