August 6, 2010

Company announcements: MUDAJYA

MUDAJYA - General Announcement

Announcement Type: General Announcement
Company Name: MUDAJAYA GROUP BERHAD
Stock Name: MUDAJYA
Date Announced: 06/08/2010

Announcement Detail:
Type: Announcement

Subject: Mudajaya Group Berhad ("Mudajaya" or "Company")
Clarification on fluctuation of the share price of the Company

Contents: Further to our announcement made on the 26th July 2010, the Management have met up with the Securities Commission and provided them with the clarifications requested. The Board of Directors affirm that the Company has conducted its business in a professional manner. The Board wishes to advise shareholders of the Company to exercise caution not to trade in the Company's shares based on rumours.

Currently, the Company has no borrowings and has a net cash position of approximately RM223 million. The Company's focus remains on delivering and completing all our projects on hand. The Board will update the shareholders of the Company if and when is necessary.



2 comments:

  1. Sell MUDAJYA. another TRANSMILE in the making.BELOW 200 day moving average.shift funds to other construction stocks jetson,gamuda.

    ReplyDelete
  2. Thanks for the tip!

    ReplyDelete