Monday, October 12, 2009

Can Mudajaya jumps to record?

MUDAJAYA Group Bhd, a Malaysian builder, surged to a record after CIMB Investment Bank Bhd said the company is targeting RM600 million (US$171 million) worth of orders by year-end and plans to venture into Vietnam and Saudi Arabia.
CIMB raised its target price for the stock to RM6.65 from RM3.68 and maintained its “buy” recommendation.

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