KUALA LUMPUR: Stocks to watch today include Genting Malaysia Bhd
, Crest Builder Holdings Bhd, Coastal Contracts Bhd, Advancecon Holdings Bhd, and NexG Bhd following their latest corporate announcements.
Genting Malaysia’s indirect wholly-owned subsidiary, Genting New York LLC (GENNY), has submitted supplemental application materials to the New York Gaming Facility Location Board (NYGFB) for the final evaluation of its bid for a Downstate New York commercial casino licence.
Bloomberg also reported that Genting remains in the running for a Downstate New York casino licence following MGM Resorts International’s withdrawal.
The other contenders are Hard Rock International, partnering with Mets owner Steve Cohen, and Bally’s Corp, all vying for one of the limited full-scale commercial licences expected to be awarded on Dec 1, 2025.
Crest Builder has received two letters of awards from Quantum Quest Sdn Bhd for the development of service apartments in Kuala Lumpur, worth RM23.93mil.
Coastal Contracts' subsidiary Elite Point Pte Ltd (EPPL) has secured a new liftboat charter contract worth RM12.8mil, following the expiry of the original contract.
Advancecon has accepted a letter of acceptance from Sime Darby Property (Serenia City) Sdn Bhd to be the contractor for a residential development in Dengkil, Selangor, worth RM36.1mil.
NexG has received a contract extension from the Home Ministry to supply foreign worker cards (i-Kad) to the Immigration Department.
