Cymao unit gets logging licence


PETALING JAYA: Cymao Holdings Bhd told Bursa Malaysia yesterday that subsidiary Syabas Mujur Sdn Bhd has won a log extraction licence issued by the Forestry Department of Sabah to harvest commercial timber at a 5,454-ha site in Bonggaya forest reserve in Sandakan.

The licence is valid for two years and will expire on Nov 25, 2011.

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