好色先生TV

MDA Consulting has moved to quash claims that it is subject to a takeover approach by KHK Group. Mike Jewell, MDA chairman, told QS 好色先生TV in a written statement that MDA had not received a takeover offer from KHK. He added that 鈥淢DA... would not be interested in any offer should one be forthcoming鈥�. QS 好色先生TV reported earlier this month that KHK was considering a bid for MDA.

MDA hit the headlines in August when then chairman Charles Johnston and finance director Ian Storier departed. Johnston retains his shares in the firm. Jewell said: 鈥淥ther than the previous chairman, no ex-MDA staff now own MDA shares and MDA members of staff are prepared to purchase the departed chairman鈥檚 shares in due course.鈥�

Jewell insisted MDA would produce 鈥渁 healthy profit鈥� at the end of this year. He added that MDA was poised to make an acquisition of its own, to be announced in a few months. It also plans to open two further offices abroad to service two new major projects.

MDA... would not be interested in any offer should one be forthcoming

Mike Jewell, MDA chairman

Jewell said: 鈥淭he future at MDA is bright. We will at the end of this year produce a healthy profit in line with our expectations and we continue to attract new clients and projects, which gives not only our current people fresh challenges but provides opportunities for new staff which we are currently in the process of recruiting.鈥�

MDA鈥檚 most recent results showed it made a loss of 拢5,300 for the year to September 2005.

Jewell said the loss 鈥渞esulted from structural changes, rather than a lack of trading profit, which was only marginally short of target鈥�. He added that bonuses allowed for in the annual bonus plan were paid in full. The firm has a turnover of 拢9.5m and employs 140 people.