PRESS DIGEST - Malaysia - April 16

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)

- The Health Ministry will review private hospitals' charges for room, equipment and medicine, which may have said are excessive, Minister Liow Tiong Lai said.

- Malaysia Building Society Bhd (MBSS.KL: Quote, Profile, Research, Stock Buzz) is in the news again, this time for the potential entry of a new substantial shareholder in the form of a consortium from the Middle East, a source said.

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

- The mosque should not just be a place for prayers but the focal point of the Muslim community's activities, said Prime Minister Abdullah Ahmad Badawi.

BUSINESS TIMES (www.btimes.com.my)

- The Securities Commission has charged two former directors of Welli Multi Corp Bhd (WLLI.KL: Quote, Profile, Research, Stock Buzz) with falsifying company accounts, about 10 months after it first took action against the palm kernel crusher, the SC said in a statement.

- Bandar Raya Developments Bhd (BRDS.KL: Quote, Profile, Research, Stock Buzz) will spend at least 250 million ringgit to upgrade Bangsar Shopping Centre and build an office tower next to the mall, Chairman Mohamed Moiz Ali Moiz said.