Strong cash reserve enables CMS to tap investment opportunities


KUCHING: Cahya Mata Sarawak Bhd (CMS) has kept a strong cash reserve and low gearing to make it easier to tap into attractive investment opportunities especially in Sarawak Corridor of Renewable Energy (SCORE).

Chairman Tan Sri Syed Anwar Jamalullai said the company’s cash reserves stood at RM600mil and it had maintained a low gearing of 0.06 times at end-2013.

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