RHB Research said its latest report: “We came away from CMS’ nine-month FY2020 results briefing feeling reassured of its 2021 prospects, supported by a promising pipeline of Sarawak infrastructure works heading into the next year.”
PETALING JAYA: RHB Research is positive on the prospects of Cahya Mata Sarawak Bhd
(CMS) going into 2021.
This is given the company’s strong exposure to Sarawak’s robust development spending, which is supported by its strategic investments’ expanding earnings base.
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