February 24, 2011

GENM - Genting M'sia raised to 'buy' at Maybank

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

Genting Malaysia Bhd., a casino and hotel operator, was raised to “buy” from “sell” at Maybank Investment Bank Bhd. to reflect its resilient operations and growth prospects.

The share price estimate was increased to 3.67 ringgit from 2.90 ringgit, Wong Chew Hann, an analyst at Maybank, wrote in a report today. - Bloomberg

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