Monday, July 26, 2010

MUDAJAYA says not directly queried by SC, trading suspended 1hr

MUDAJAYA GROUP BHD [] clarified on Monday, July 26 that it has not been directly queried by the Securities Commission (SC) with regards to any complaint about the company, thus far. Trading was suspended for one hour from 9am to 10am.

In an urgent statement, it said the board of Mudajaya was not aware of the nature of the complaint about the company by anyone whosoever.

“The Board of Mudajaya assures that the company operations are done in accordance with all statutory requirements and comply with all listing regulations. The Company is more than willing to extend its full cooperation to the SC, if queried,” it said.

It was responding to a news report in the Business Times of the New Straits Times, Saturday, July 24 entitled “SC looks into Mudajaya”.


Written by Joseph Chin
The Edge Malaysia

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