KUALA LUMPUR: MUDA HOLDINGS BHD [] shares were actively traded on Wednesday, July 13 on speculation that it could a takeover target for one of the largest paper product manufacturers in the world.
At 9.05am, Muda rose four sen to RM1.20 with 1.02 million shares traded.
The Edge Financial Daily had reported on July 13 that Muda, a paper milling and packaging firm, could be the next takeover target for Japanese paper product manufacturer Oji Paper Co Ltd.
At 9.05am, Muda rose four sen to RM1.20 with 1.02 million shares traded.
The Edge Financial Daily had reported on July 13 that Muda, a paper milling and packaging firm, could be the next takeover target for Japanese paper product manufacturer Oji Paper Co Ltd.
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