IJM Corp, a Malaysian construction company, is in advanced stages of exclusive talks wth the government on the 4-5 billion-ringgit West Coast Expressway project, Credit Suisse Group AG said in a report today. Securing the project would double IJM's orderbook, Danny Goh, an analyst at Credit Suisse, said in a report today. - Bloomberg
Genting Malaysia Bhd was raised to "neutral" from "under perform" at Credit Suisse Group AG after raising its profit forecasts to reflect new contributions from the UK casinos and its upcoming slot-machine-style terminals in New York City. The share estimate was increased to RM3.30 from RM2.50, Loke Foong Wai, an analyst at Credit Suisse, said in a report today. - Bloomberg
Me AIMINING AT GENTINGM- CO at 28 cents.
Suria Capital Bhd, a Malaysian builder, rose to 31-month high after saying it's part of a group of companies that won a RM1 billion contract to build a 300-megawatt gas-fired power plant in Malaysia's Sabah state. The stock climbed 7.5 per cent to RM2.45 at 9.02 am in Kuala Lumpur trading, set for its highest close since May 26, 2008. - Bernama
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