September 4, 2009

Genting eases as price surge overdone

KUALA LUMPUR: Genting shares eased in early trade on Sept 4 as investors locked in some of the gains after the rally the previous day, which was seen as overdone.

At 9.15am, Genting was down three sen to RM6.78 with 266,300 shares done.

The FBM KLCI rose 2.8 points to 1,176.46. Turnover was 43.7 million shares valued at RM36.35 million.

On Thursday, Genting shares surged 36 sen to RM6.81 on speculation the S$6.6 billion (RM16.2 billion) resort casino in Singapore will open ahead of schedule. It is due to open only in 2010.

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About Me

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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