PRESS DIGEST - Malaysia - May 2

Following are the main stories in Malaysian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE STAR (www.thestar.com.my)

- Information Minister Ahmad Shabery Cheek will propose to cabinet on Friday to stop the live telecast as certain Members of Parliament (MPs) had turned parliamentary proceedings into a playground.

- This week saw once again a litany of accounting issues and deviation between unaudited and audited financial results announced by companies listed on Bursa Malaysia (BMYS.KL: Quote, Profile, Research, Stock Buzz).

NEW STRAITS TIMES (www.nst.com.my)

- Muslim nations must come together to face global uncertainties and the food crisis, Prime Minister Abdullah Ahmad Badawi said.

BUSINESS TIMES (www.btimes.com.my)

- Property developer and hotel owner IGB Corp Bhd (IGBS.KL: Quote, Profile, Research, Stock Buzz) is in no hurry to sell the five-star Renaissance Kuala Lumpur, Executive Director Tan Boon Lee said.

- JPK Holdings Bhd (JPKH.KL: Quote, Profile, Research, Stock Buzz), a loss-making plastic precision moulder, seems to have mistimed its share buyback this month as the stock has dramatically fallen.