KUALA LUMPUR: Shares of Mudajaya Corp'' Bhd, which recently came under scrutiny over its Indian independent power project, saw the share price rally to a near four-week high of RM4.48 in late trade on Friday, Sept 3.
Its share price surged 53 sen to RM4.48 with 9.65 million shares done, as interest in the stock was also spurred by a share buyback.
Mudajaya's share price and trading volume surged in the last 30 minutes of trade. At 4.31pm, it was trading at RM4.17, up 22 sen with 5.47 million shares done. Late buying saw the share price surge another 31 sen to RM4.48 while total volume nearly doubled to 9.65 million shares.
Mudajaya also disclosed that it had bought back 100,800 shares for a total of RM394,584 at prices ranging from RM3.86 to RM3.90.
Its share price surged 53 sen to RM4.48 with 9.65 million shares done, as interest in the stock was also spurred by a share buyback.
Mudajaya's share price and trading volume surged in the last 30 minutes of trade. At 4.31pm, it was trading at RM4.17, up 22 sen with 5.47 million shares done. Late buying saw the share price surge another 31 sen to RM4.48 while total volume nearly doubled to 9.65 million shares.
Mudajaya also disclosed that it had bought back 100,800 shares for a total of RM394,584 at prices ranging from RM3.86 to RM3.90.
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