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NewsMuda falls after denying takeover report
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Muda falls after denying takeover report
by hlk Thu 14 Jul 2011, 13:00
Muda Holdings Bhd, a Malaysian paper milling and packaging company, fell the most in a year in Kuala Lumpur trading after denying a local media report that it received a takeover approach from Japan’s Oji Paper Co.
The stock dropped 8.5 per cent to RM1.19 at 9:05 a.m. local time, set for its lowest close since May 25, 2010. -- Bloomberg
The stock dropped 8.5 per cent to RM1.19 at 9:05 a.m. local time, set for its lowest close since May 25, 2010. -- Bloomberg
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