Article: MALAYSIAN NEWSPAPER HIGHLIGHTS - DEC 16, 2005.

KUALA LUMPUR, Dec 16 Asia Pulse - Highlights of today's newspapers:

BUSINESS TIMES:

- Credit Guarantee Corp Malaysia Bhd (CGC) is seeking strategic alliances with foreign partners to help tap funds from the capital market for the small- and medium-sized enterprises (SMEs).

- Stockbroker OSK Holdings Bhd has proposed to buy a controlling stake in a Singapore rival for RM112 million cash as it seeks to expand business abroad and reduce dependency on the local market.

- Tenaga Nasional Bhd plans to refinance some RM2.9 billion debt due August 2006 and it will seek funding from the capital market, says its chief financial officer.

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