July 8, 2010

GENM - Genting Malaysia upgraded at ECM Libra

Stock Name: GENM
Company Name: GENTING MALAYSIA BERHAD
Research House: ECMLIBRA

Genting Malaysia Bhd had its stock rating raised to "hold" from "sell" at ECM Libra Capital Sdn Bhd, which said there is less risk for a decline in its share price.

ECM Libra upgraded the company "as there is now only less than 5 per cent downside risk," it said in a report today. - Bloomberg


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