Mudajaya Faces Winding Up Petition from THB Power

MT Newswires Live

2025/04/18

Mudajaya Group (KLSE:MUDAJYA) unit Mudajaya Corp. was served with a writ of summons by THB Power seeking winding up of the company over a payment dispute, according to a Thursday Malaysian bourse filing.

THB Power filed a case in the Kuala Lumpur High Court, seeking an order to reduce its payment to Mudajaya to 52.7 million, from 60.6 million ringgit, under dispute in a winding-up petition.

Mudajaya plans to defend the suit and take necessary legal actions, it added.

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