Identifying of compound nouns is important for a wide spectrum of applications in the field of natural language processing such as machine translation and information retrieval. Extraction of compound nouns requires deep or shallow syntactic preprocessing tools and large corpora. This paper investigates several methods for extracting Noun compounds from Malay text corpora. First, we present the empirical results of sixteen statistical association measures of Malay <N+N> compound nouns extraction. Second, we introduce the possibility of integrating multiple association measures. Third, this work also provides a standard dataset intended to provide a common platform for evaluating research on the identification compound Nouns in Malay language. The standard data set contains 7,235 unique N-N candidates, 2,970 of them are N-N compound nouns collocations. The extraction algorithms are evaluated against this reference data set. The experimental results demonstrate that a group of association measures (T-test , Piatersky-Shapiro (PS) , C_value, FGM and rank combination method) are the best association measure and outperforms the other association measures for <N+N> collocations in the Malay corpus. Finally, we describe several classification methods for combining association measures scores of the basic measures, followed by their evaluation. Evaluation results show that classification algorithms significantly outperform individual association measures. Experimental results obtained are quite satisfactory in terms of the Precision, Recall and F-score.