PRESS DIGEST - Malaysia - March 24

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

ALL NEWSPAPERS

- The impasse over the appointment of Terengganu's chief minister continues. State UMNO Liaison Secretary, Rosol Wahid, accompanied by 22 state assemblymen, petitioned the palace on Sunday.

THE STAR (www.thestar.com.my)

- Malaysian Resources Corp Bhd (MYRS.KL: Quote, Profile, Research, Stock Buzz) is on track to achieve its total development book value target of nine billion ringgit by year-end despite concerns about changes in the state government policies after the recent general election, its group Managing Director, Shahril Ridza Ridzuan said.

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

- Under the Terengganu constitution, the Regent and Regency Advisory Council must appoint a chief minister who has the support of a majority in the state assembly, Attorney-General Abdul Gani Patail said.

BUSINESS TIMES (www.btimes.com.my)

- MAA Holdings Bhd (MAAS.KL: Quote, Profile, Research, Stock Buzz) has changed its mind and will sell its insurance business separately to get better prices, sources said.