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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.

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.

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.

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.

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,

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).

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.

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 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).