SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Mudajaya wins court case against CCC, awarded RM25,000 costs

Malaysia's Mudajaya Group Berhad announced its unit MCB won applications to dismiss China Communication Construction (ECRL) Sdn Bhd's (CCC) attempts to set aside and stay an adjudication decision. The High Court also awarded MCB RM25,000 in costs.

MJYA.KL

MATERIAL LITIGATION Mudajaya Group Berhad ("Mudajaya"or "the Company") Notice of Arbitration between CHINA COMMUNICATION CONSTRUCTION (ECRL) SDN BHD and MUDAJAYA CORPORATION BERHAD and Adjudication proceedings under the Construction Industry Payment & Adjudication Act 2012 ("CIPAA 2012") between MUDAJAYA CORPORATION BERHAD and CHINA COMMUNICATION CONSTRUCTION (ECRL) SDN BHD MUDAJAYA GROUP BERHAD Type Announcement Subject MATERIAL LITIGATION Description Mudajaya Group Berhad ("Mudajaya"or "the Company") Notice of Arbitration between CHINA COMMUNICATION CONSTRUCTION (ECRL) SDN BHD and MUDAJAYA CORPORATION BERHAD and Adjudication proceedings under the Construction Industry Payment & Adjudication Act 2012 ("CIPAA 2012") between MUDAJAYA CORPORATION BERHAD and CHINA COMMUNICATION CONSTRUCTION (ECRL) SDN BHD Reference is made to the announcements on 2 July 2026, 6 July 2026 and 2 September 2026 in relation to the Arbitration commenced by China Communications Construction (ECRL) Sdn Bhd ("CCC") against Mudajaya Corporation Berhad ("MCB"), a wholly owned subsidiary of the Company, the Adjudication Decision dated 31 May 2026 made under CIPAA 2012 in favour of MCB and the service of a second Payment Claim under CIPAA 2012 against CCC.

The Board of Directors of Mudajaya wishes to announce that on 6 October 2026, CCC's applications to set aside and stay the Adjudication Decision dated 31 May 2026 were dismissed by the High Court, and the High Court allowed MCB's application to enforce the Adjudication Costs as if it is a Judgment or Order of the High Court. 00. The Company further wishes to update that the arbitration proceeding is still at its early stage, and parties are in the process of appointing an Arbitrator.

The Company will continue to make the necessary announcements, to the extent needed to comply with its disclosure obligations under the relevant listing rules of Bursa Malaysia, should there be any material developments in relation to this matter and will modify and/or update its disclosures as appropriate. This announcement is dated 6 October 2026. Announcement Info Company Name MUDAJAYA GROUP BERHAD Stock Name MUDAJYA Date Announced 06 Oct 2026 Category General Announcement for PLC Reference Number GA1-06102026-00028