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Malaysia's Oriental negotiating new Honda deal

KUALA LUMPUR, June 21 (Reuters) - Malaysian property and auto group Oriental Holdings Bhd is negotiating a new licence agreement with Japan's Honda Motor Co Ltd for the assembly of motorcycles, Oriental said on Wednesday.

The current agreement expires later in 2006, it said without giving a date. "We will make an announcement as soon as a decision has been made," Oriental said in a statement.