October 11, 2010

MUDAJYA - Mudajaya up as OSK lifts share estimate

Stock Name: MUDAJYA
Company Name: MUDAJAYA GROUP BHD
Research House: OSK



Mudajaya Group Bhd, a Malaysian builder, rose 2.1 per cent in Kuala Lumpur trading after OSK Research Sdn Bhd raised its share price forecast to RM7.22 from RM6 in a report today.

The stock climbed to RM4.48 at 9:11 am local time. The company signed an agreement to help develop a hydroelectric plant in Laos on October 8. -- Bloomberg


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