PRESS DIGEST - Malaysia - April 21
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)
- It's inexcusable -- that is what senior parliamentarians have to say about 29 of their fellow Members of Parliament who failed to submit questions to Parliament in time for the much-awaited new session next week.
- PK Resources Bhd's (PELA.KL: Quote, Profile, Research, Stock Buzz) three major shareholders and its top three management officials' bid to take over the cash-rich company suffered a setback after the independent adviser recommended minority shareholders to reject the offer, Kenanga Investment Bank Bhd said.
NEW STRAITS TIMES
- Responding to the urgency of an impending global food crisis, Prime Minister Abdullah Ahmad Badawi called on the private sector to venture into agriculture and food production.
BUSINESS TIMES (www.btimes.com.my)
- Auto-maker the Naza Group said it was in talks with Tata Motors Ltd (TAMO.BO: Quote, Profile, Research, Stock Buzz), India's largest automaker, for its Malaysia franchise, Naza director SM Nasarudin SM Nasimuddin said.
- AmFirst Real Estate Investment Trust, the country's oldest property trust, wants to buy bigger assets of at least 50 million ringgit to expand, its manager said. Continued...
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