Mudajaya had taken a big hit in the fourth quarter of 2018 on a rising share of losses from its power plant project in India. Its chairman Datuk Yusli Mohamed Yusoff (pic) had then said the group was close to resolving the situation.
AFTER a week of intense speculation surrounding the sudden surge in the share price of Mudajaya Group Bhd
, there is finally some clarity.
The construction and engineering firm yesterday evening announced the emergence of a new substantial shareholder.
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