Monday 16 January 2017

Mudajaya. Bad Things

Is a current top ten hit for Machine Gun Kelly and Camila Cabello.

Mudajaya share price should be bracing for bad things, after the company told the stock exchange just now, it's claim amounting to RM75.32 million from CMC Machinery SDN Bhd has been thrown out.

As a result, this will have a RM98.35 million negative effect on the company's earnings.

Things could get a lot more worse for Mudajaya because CMC is also claiming RM61 million from Mudajaya.

Mudajaya was last traded at 86.5 Sen.