KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) has revised the long-term ratings outlook on Cahya Mata Sarawak Bhd
to positive from stable in view of the group’s improving business and financial profiles.
In a statement today, RAM Ratings said the company’s new phosphates manufacturing division, Cahya Mata Phosphates Industries Sdn Bhd, has started commissioning production and would transition to commercial operations by mid-2023.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
