Cahya Mata Sarawak looks to unlock value

SINCE Cahya Mata Sarawak Bhd (CMS) began its restructuring some time ago, the conglomerate has been making some notable moves.

That has included a significant revamp in its board and top management line-up; strengthening internal controls and risk management; and more recently diversifying into the energy sector via the acquisition of Scomi Oilfield Ltd.