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MALAYSIAN NEWSPAPER HIGHLIGHTS - JULY 1, 2008.

AsiaPulse News

| July 01, 2008 | COPYRIGHT 2008 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:

BUSINESS TIMES:

- Hoteliers have estimated that they lost almost RM100 million in revenue, barely a month since the government limited the number of events in hotels to cut cost.

- UEM Group Bhd plans to sell stakes in units that include the Touch 'n Go smart card provider to PLUS Expressways Bhd for RM150 million to streamline its business, sources said.

- Berjaya Corp Bhd (BCorp), a diversified group, said its fourth quarter net profit jumped almost three times as it consolidated the accounts of Berjaya Sport Toto Bhd (BToto).

- Sunway Holdings Bhd is to undertake a resort-style development in Jiangyin with a potential gross development value of RM473 million, its first property venture in China.

- Fashion apparel retailer Voir Holdings Bhd projects a 10 per cent sales growth in fiscal 2008 and 2009, as it raises prices to cushion the impact of high ...

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Source: HighBeam Research, MALAYSIAN NEWSPAPER HIGHLIGHTS - JULY 1, 2008.