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MALAYSIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2007.

AsiaPulse News

| June 01, 2007 | COPYRIGHT 2007 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, June 1 Asia Pulse - Highlights of today's newspapers:

BUSINESS TIMES:

- Proton Holdings Bhd reported its first ever annual loss as a listed firm in fiscal 2007 as sales faltered while its choice of a foreign partner now appears to be very limited.

- WCT Engineering Bhd, having built Formula 1 racing circuits in Malaysia and Bahrain, has bid for a job worth more than RM1.5 billion to construct a circuit in Abu Dhabi, United Arab Emirates.

- Transmile Group Bhd's stock was downgraded by analysts yesterday, who said the former industry darling could trade as low as RM5.50 when trading resumes today.

- The possible losses in Transmile Group Bhd may affect the audited financial statements of Pos Malaysia & Services Holdings Bhd (PSH) for the year to December 31 2006.

- Rapid Synergy Bhd, which makes tools for semiconductor firms, wants its property division to make up half of total revenue in two to three ...

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