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Community 08 Jan 2014 | 12:00 AM

CMS subsidiary may raise RM21mil from land sale in Samalaju

KUCHING: Samalaju Industries Sdn Bhd (SISB) could expect a net gain of RM21mil from the sale of some 350 acres (142h) of land in Samalaju Industrial Park to Malaysian Phosphate Additives (Sarawak ) Sdn Bhd (MPA).

Community 09 Jan 2014 | 12:00 AM

SEB signs power purchase agreement with MPA Sarawak

KUCHING: Sarawak Energy Bhd (SEB) has signed a power purchase agreement (PPA) term sheet with Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPA Sarawak) for the supply of 150MW of power.

Business 09 Jan 2014 | 12:00 AM

SEB to supply power to MPA plant

KUALA LUMPUR: Sarawak Energy Bhd (SEB), via its wholly-owned subsidiary Syarikat SESCO Bhd, has signed a power purchase agreement (PPA) term sheet with Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPA) to supply 150 megawatts (MW) of power to the latter’s phosphorus plant.

Community 27 Feb 2014 | 12:00 AM

CMSB registers RM295.27mil in pre-tax profit

KUCHING: Cahya Mata Sarawak Berhad (CMSB), the state’s leading infrastructure facilitator, continues with its record performance by registering RM295.27mil in pre-tax profit for the financial year ended Dec 31, 2013 (FY2013), a 30% increase from the corresponding year’s (FY2012) pre-tax profit of RM226.91mil.

Business 19 Mar 2014 | 9:48 AM

RHB Research maintains Buy on Cahya Mata Sarawak

KUALA LUMPUR: RHB Research has maintained its Buy call on Cahya Mata Sarawak (CMS) with a fair value of RM10.37 as it is the best proxy to the Sarawak Corridor of Renewable Energy (Score).

Business 02 Apr 2014 | 12:00 AM

Bumi Armada forecast stays despite Angola oilfield project

HWANGDBS Vickers Research said it had not revised its forecasts for now, following Bumi Armada’s announcement that it has received a letter of intent (LoI) from Italian oil major Eni SpA for a deepwater oilfield offshore Angola,

Community 10 Dec 2014 | 12:00 AM

Strong cement sales boost CMS quarterly earnings

KUCHING: Cahya Mata Sarawak Bhd’s (CMS) quarterly earnings have been bolstered by strong cement sales and supply of steel pipes to a government water project.

Community 28 Jan 2015 | 12:00 AM

Govt to study Dr M’s cascading hydropower dam suggestion

KUCHING: The state government will look into former prime minister Tun Dr Mahathir Mohamad’s suggestion of building smaller cascading hydropower dams to reduce the environmental impact.

Business 25 Feb 2015 | 6:12 PM

Cement boosts CMSB earnings for FY14 (Update)

KUALA LUMPUR: Cahya Mata Sarawak Bhd earnings rose 26% to RM221.34mil in the financial year ended Dec 31, 2014 from RM175.07mil in FY13, boosted especially by its cement division.

Business 13 Apr 2015 | 12:00 AM

MPAS in discussions to build RM1.6bil complex

KUCHING: Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPAS), South-East Asia’s first phosphate producer, is currently negotiating for the engineering, procurement and construction agreement for its RM1.55bil integrated phosphate complex project in Samalaju Industrial Park in Bintulu.