KUCHING: The share price of Cahya Mata Sarawak Bhd (CMS) is still recovering from last week’s selldown following Tan Sri Abdul Taib Mahmud’s announcement that he would step down as Chief Minister this Feb 28.
Taib, who handed over his resignation letter to outgoing Yang di-Pertua Negri Tun Muhammad Salahuddin on Wednesday, has named Tan Sri Adenan Satem as his successor effective March 1 this year.
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