issues when starting jboss server using Linux centos 5.3

Environment:

Centos 5.3 running in VM
Linux 2.6.18-128.1.10.el5 #1 i686 i686 i386 GNU/Linux

java version "1.6.0_13"
Java(TM) SE Runtime Environment (build 1.6.0_13-b03)
Java HotSpot(TM) Client VM (build 11.3-b02, mixed mode, sharing)

Steps.
1. $ pwd
/usr/local/jboss/bin

2. run.sh

pdadmin@PDPERFAppLnx01 bin]$ ./run.sh
=========================================================================

JBoss Bootstrap Environment

JBOSS_HOME: /usr/local/jboss
JAVA: /home/centosadmin/jdk1.6.0_13/bin/java

JAVA_OPTS: -Dprogram.name=run.sh -server -Xms128m -Xmx512m -XX:MaxPermSize=256m -Dorg.jboss.resolver.warning=true -Dsun.rmi.dgc.client.gcInterval=3600000 -Dsun.rmi.dgc.server.gcInterval=3600000 -Djava.net.preferIPv4Stack=true

CLASSPATH: /usr/local/jboss/bin/run.jar:/home/centosadmin/jdk1.6.0_13/lib/tools.jar

=========================================================================

15:14:42,090 INFO [ServerImpl] Starting JBoss (Microcontainer)...
15:14:42,091 INFO [ServerImpl] Release ID: JBoss [The Oracle] 5.1.0.GA (build: SVNTag=JBoss_5_1_0_GA date=200905221634)
15:14:42,092 INFO [ServerImpl] Bootstrap URL: null
15:14:42,092 INFO [ServerImpl] Home Dir: /usr/local/jboss
15:14:42,092 INFO [ServerImpl] Home URL: file:/usr/local/jboss/
15:14:42,092 INFO [ServerImpl] Library URL: file:/usr/local/jboss/lib/
15:14:42,093 INFO [ServerImpl] Patch URL: null
15:14:42,093 INFO [ServerImpl] Common Base URL: file:/usr/local/jboss/common/
15:14:42,094 INFO [ServerImpl] Common Library URL: file:/usr/local/jboss/common/lib/
15:14:42,094 INFO [ServerImpl] Server Name: default
15:14:42,094 INFO [ServerImpl] Server Base Dir: /usr/local/jboss/server
15:14:42,094 INFO [ServerImpl] Server Base URL: file:/usr/local/jboss/server/
15:14:42,095 INFO [ServerImpl] Server Config URL: file:/usr/local/jboss/server/default/conf/
15:14:42,095 INFO [ServerImpl] Server Home Dir: /usr/local/jboss/server/default
15:14:42,095 INFO [ServerImpl] Server Home URL: file:/usr/local/jboss/server/default/
15:14:42,095 INFO [ServerImpl] Server Data Dir: /usr/local/jboss/server/default/data
15:14:42,096 INFO [ServerImpl] Server Library URL: file:/usr/local/jboss/server/default/lib/
15:14:42,096 INFO [ServerImpl] Server Log Dir: /usr/local/jboss/server/default/log
15:14:42,096 INFO [ServerImpl] Server Native Dir: /usr/local/jboss/server/default/tmp/native
15:14:42,096 INFO [ServerImpl] Server Temp Dir: /usr/local/jboss/server/default/tmp
15:14:42,097 INFO [ServerImpl] Server Temp Deploy Dir: /usr/local/jboss/server/default/tmp/deploy
15:14:42,975 INFO [ServerImpl] Starting Microcontainer, bootstrapURL=file:/usr/local/jboss/server/default/conf/bootstrap.xml
15:14:43,586 INFO [VFSCacheFactory] Initializing VFSCache [org.jboss.virtual.plugins.cache.CombinedVFSCache]
15:14:43,589 INFO [VFSCacheFactory] Using VFSCache [CombinedVFSCache[real-cache: null]]
15:14:43,940 INFO [CopyMechanism] VFS temp dir: /usr/local/jboss/server/default/tmp
15:14:43,941 INFO [ZipEntryContext] VFS force nested jars copy-mode is enabled.
15:14:45,822 INFO [ServerInfo] Java version: 1.6.0_13,Sun Microsystems Inc.
15:14:45,822 INFO [ServerInfo] Java Runtime: Java(TM) SE Runtime Environment (build 1.6.0_13-b03)
15:14:45,823 INFO [ServerInfo] Java VM: Java HotSpot(TM) Server VM 11.3-b02,Sun Microsystems Inc.
15:14:45,823 INFO [ServerInfo] OS-System: Linux 2.6.18-128.1.10.el5,i386
15:14:45,824 INFO [ServerInfo] VM arguments: -Dprogram.name=run.sh -Xms128m -Xmx512m -XX:MaxPermSize=256m -Dorg.jboss.resolver.warning=true -Dsun.rmi.dgc.client.gcInterval=3600000 -Dsun.rmi.dgc.server.gcInterval=3600000 -Djava.net.preferIPv4Stack=true -Djava.endorsed.dirs=/usr/local/jboss/lib/endorsed
15:14:45,905 INFO [JMXKernel] Legacy JMX core initialized
15:14:49,308 INFO [ProfileServiceBootstrap] Loading profile: ProfileKey@487fb7[domain=default, server=default, name=default]
15:14:50,731 ERROR [AbstractKernelController] Error installing to Parse: name=vfsfile:/usr/local/jboss/server/default/conf/jboss-service.xml state=Not Installed mode=Manual requiredState=Parse
org.jboss.deployers.spi.DeploymentException: Error creating managed object for vfsfile:/usr/local/jboss/server/default/conf/jboss-service.xml
at org.jboss.deployers.spi.DeploymentException.rethrowAsDeploymentException(DeploymentException.java:49)
at org.jboss.deployers.spi.deployer.helpers.AbstractParsingDeployerWithOutput.createMetaData(AbstractParsingDeployerWithOutput.java:362)
at org.jboss.deployers.spi.deployer.helpers.AbstractParsingDeployerWithOutput.createMetaData(AbstractParsingDeployerWithOutput.java:322)
at org.jboss.deployers.spi.deployer.helpers.AbstractParsingDeployerWithOutput.createMetaData(AbstractParsingDeployerWithOutput.java:294)
at org.jboss.deployers.spi.deployer.helpers.AbstractParsingDeployerWithOutput.deploy(AbstractParsingDeployerWithOutput.java:234)
at org.jboss.deployers.plugins.deployers.DeployerWrapper.deploy(DeployerWrapper.java:171)
at org.jboss.deployers.plugins.deployers.DeployersImpl.doDeploy(DeployersImpl.java:1439)
at org.jboss.deployers.plugins.deployers.DeployersImpl.doInstallParentFirst(DeployersImpl.java:1157)
at org.jboss.deployers.plugins.deployers.DeployersImpl.install(DeployersImpl.java:1098)
at org.jboss.dependency.plugins.AbstractControllerContext.install(AbstractControllerContext.java:348)
at org.jboss.dependency.plugins.AbstractController.install(AbstractController.java:1631)
at org.jboss.dependency.plugins.AbstractController.incrementState(AbstractController.java:934)
at org.jboss.dependency.plugins.AbstractController.resolveContexts(AbstractController.java:1082)
at org.jboss.dependency.plugins.AbstractController.resolveContexts(AbstractController.java:984)
at org.jboss.dependency.plugins.AbstractController.change(AbstractController.java:822)
at org.jboss.dependency.plugins.AbstractController.change(AbstractController.java:553)
at org.jboss.deployers.plugins.deployers.DeployersImpl.process(DeployersImpl.java:781)
at org.jboss.deployers.plugins.main.MainDeployerImpl.process(MainDeployerImpl.java:702)
at org.jboss.system.server.profileservice.repository.MainDeployerAdapter.process(MainDeployerAdapter.java:117)
at org.jboss.system.server.profileservice.repository.ProfileDeployAction.install(ProfileDeployAction.java:70)
at org.jboss.system.server.profileservice.repository.AbstractProfileAction.install(AbstractProfileAction.java:53)
at org.jboss.system.server.profileservice.repository.AbstractProfileService.install(AbstractProfileService.java:361)
at org.jboss.dependency.plugins.AbstractControllerContext.install(AbstractControllerContext.java:348)
at org.jbos

Expected.
Should work

Error:
Error creating managed object for vfsfile:/usr/local/jboss/server/default/conf/jboss-service.xml