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Combine cornstarch, 4 TB sugar, and salt; stir in milk gradually.
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Cook over hot water until slightly thickened, stirring constantly.
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Beat egg yolks; stir in hot milk mixture slowly.
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Cook over hot water until mixture coats spoon, stirring constantly.
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Cool.
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Add vanilla and almond extracts. Pour into shallow baking dish; sprinkle with coconut.
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Beat egg whites until stiff but not dry; add remaining sugar gradually, beating constantly.
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Drop by spoonfuls on custard.
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Bake at 160C for 15 minutes, until browned.
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Cool.