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INTERESTING movements have been taking place at Cahya Mata Sarawak Bhd (CMS) in recent times.
KUCHING: Cahya Mata Sarawak Bhd (CMSB), an investment holding company, on Tuesday opened its RM190mil integrated cement plant in Jalan Mambong, off Borneo Heights Road, here.
PETALING JAYA: Kenanga Investment Bank Bhd (KIBB), a unit of K&N Kenanga Holdings Bhd (Kenanga Holdings), has inked a Subscription Agreement (SA) and a Joint Venture (JV) Agreement with Rakuten Securities Inc to jointly provide online brokerage services.
PETALING JAYA: Cahya Mata Sarawak Bhd's (CMS) sale of its long-held substantial interest in UBG Bhd to PetroSaudi International Ltd for RM466mil is crucial to meet its funding needs for the multi-billion ringgit aluminium smelter project, Sarawak Aluminium Co (Salco), said a source.
UBG Bhd has entered into an agreement with Mubadala Development Company to set up a 50:50 oil and gas exploration and production joint venture (JV).