This is an announcement has been made by MUDAJAYA to BURSA
6/8/2010
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.
The second reason is they also buy back their share on 5-6 August 2010..
Now im holding 1200 unit at an average price of 4.055..
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