Article: MALAYSIAN NEWSPAPER HIGHLIGHTS - JAN 31, 2008.

KUALA LUMPUR, Jan 31 Asia Pulse - Highlights of today's newspapers:

BUSINESS TIMES:

- Perwaja Steel Sdn Bhd, Malaysia's second biggest steel miller by capacity, plans to raise funds from an initial public offering (IPO) and list its shares on the main board of Bursa Malaysia.

- Malaysian Airline System Bhd (MAS) aims to make as much as RM1 billion in profit this year and RM1.5 billion in 2012, targets that one analyst said are too ambitious.

- Utama Banking Group (UBG) plans to buy shares in construction company Putrajaya Perdana Bhd and water infrastructure firm Loh & Loh Corp Bhd.

- Construction firm MTD Capital Bhd says it ...

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