PETALING JAYA: Mudajaya Corp Bhd, a wholly owned subsidiary of Mudajaya Group Bhd, will take an RM98.35mil hit on its earnings in the financial year ended Dec 31, 2016 (FY16) arising from a decision on its arbitration case.
In a Bursa Malaysia filing yesterday, the group said this was because the RM98.35mil had been recognised as revenue in previous years.
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