Article: MALAYSIAN NEWSPAPER HIGHLIGHTS - DEC 24, 2004.

KUALA LUMPUR, Dec 24 Asia Pulse - Highlights of today's newspapers:

THE STAR

- Tenaga Nasional Bhd (TNB) expects to present a plan in the second quarter next year on how it will reduce its debts of RM32.5bil and bring down its gearing level from nearly two times to 1.5 times within five years.

- MORE than 2,500 shareholders of Tenaga Nasional Bhd showed up at its 14th AGM held at the company's Sports Complex within its premises in Jalan Bangsar in Kuala Lumpur.

- TANJONG plc is venturing into an online lottery game in Moscow as it moves to expand its gaming business internationally.

- MULPHA International Bhd expects a higher ...

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