Cahya Mata Sarawak remains RHB's top sector pick

16 May 2019 - The Star Online
KUALA LUMPUR: RHB research maintained its buy call on Cahya Mata Sarawak Bhd (CMS) but lowered its target price to RM3.69 following weaker-than-expected 1QFY19 earnings. "Nevertheless, CMS remains our top sector pick as we believe the group is set to benefit from Pan Borneo Highway Sarawak projects as ...
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Cahya Mata Sarawaknet profit rises to RM40.76mil

16 May 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd ’s net profit for the quarter ended March 31 rose 4.4% year-on-year (y-o-y) to RM40.76mil on the back of higher contributions from the group’s core businesses. “The strong performance for the first quarter of this year is in line with our projections and expectations ...
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Cahya Mata Sarawak posts 4.4% higher 1Q net profit of RM40.76m

15 May 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd 's (CMS) net profit for the quarter ended March 31 rose 4.4% year-on-year (y-o-y) to RM40.76mil on the back of higher contributions from the group's core businesses. "The strong performance for the first quarter of this year is in line with our projections and expectations ...
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CMS confident of getting job extension

12 Apr 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMS) is confident of getting an extension for its state road maintenance concessions in Sarawak, which will end in less than two months, according to chief executive officer Datuk Isaac Lugun. The company maintains 6,260km of state roads, as well as 680km of federal ...
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Cahya Mata: We are a monopoly, but anyone can supply cement in Sarawak

11 Apr 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMSB), which is the sole cement supplier and manufacturer in Sarawak, is open for other players to participate in the market there. “We are a monopoly currently, but it’s an open market. Anyone can come in and supply cement in Sarawak. But, right now, we are the ...
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Pan Borneo Highway Sarawak projects bode well for Cahya Mata Sarawak

14 Mar 2019 - The Star Online
KUALA LUMPUR: RHB research has maintained its buy call on Cahya Mata Sarawak Bhd with a target price of RM4.15. The research house said in a note that CMS is set to benefit from the Pan-Borneo Highway Sarawak projects and the state development budget.
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Sarawak awards RM466mil Bintulu bridge job to CMSB, CCCC

13 Mar 2019 - The Star Online
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMSB) said a subsidiary, together with its Chinese joint venture partner, has secured a project to build a bridge in Bintulu, Sarawak. The RM466.68mil contract was awarded by the Sarawak state government to PPES Works (Sarawak) Sdn Bhd (PPES Works) and China Communications ...
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CMSB buys 56% stake in quarry company for RM31mil

30 Nov 2018 - The Star Online
PETALING JAYA: Cahya Mata Sarawak Bhd (CMSB) has acquired a 56% equity interest in quarry company Borneo Granite Sdn Bhd (BGSB) for RM31mil. In a filing with Bursa Malaysia yesterday, CMSB said its 51%-owned subsidiary, CMS Resources Sdn Bhd (CMSR), had entered into a share sale and purchase agreement ...
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Cahya Mata Sarawak appoints new chairman

27 Sep 2018 - The Star Online
KUCHING: Cahya Mata Sarawak Berhad (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its new group chairman effective Oct 1, 2018. In a statement yesterday, CMSB said Abdul Rashid, who is also EcoWorld’s founder director would take over the responsibility from interim group chairman Datuk Seri ...
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Maybank Research positive on Cahya Mata Sarawak

19 Jun 2018 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research is positive on the 12-month extension for Cahya Mata Sarawak’s (CMS) state road maintenance concession in Sarawak as it would alleviate the earnings overhang, especially with the concession ending on June 30, 2018. It said on Tuesday it does not discount ...
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