PETALING JAYA: Cahya Mata Sarawak Bhd (CMS) is injecting RM64.24mil into its joint-venture (JV) phosphate additives plant via a subscription of new shares in Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPAS).
In a filing with Bursa Malaysia yesterday, CMS said the firm is subscribing to 64.24 million new shares or a 20% stake in MPAS for RM64.24mil.
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