KPMG finds evidence of possible irregular transactions in Mudajaya

Mudajaya noted that the unaudited financial results for the year ended Dec 31, 2014 which were announced on Feb 27 did not differ from that of the audited financial statements announced to Bursa on April 30. (The group sank into a net loss of RM70.2mil in 2014, its first loss in at least five years, attributed to additional costs incurred due to acceleration of works and higher construction-related costs for local projects.)