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Malaysia's UMW hopes to pay higher 2005 dividend

SHAH ALAM, Malaysia, June 16 (Reuters) - Malaysian auto and energy group UMW Holdings Bhd said on Thursday it hoped to pay a higher dividend in 2005.

UMW is assembler and distributor of Japan's Toyota vehicles in Malaysia, the biggest passenger car market in Southeast Asia.

"Margins have more or less stabilised. We hope things will improve," chief executive Abdul Halim Harun said.