Company Overview and News

 
KLCI stages technical rebound, reverses earlier loss

2018-10-12 theedgemarkets
KUALA LUMPUR (Oct 12): The FBM KLCI staged a technical rebound today to snap its losing streak and rose 0.54% at mid-morning, reversing its earlier loss, lifted by index heavyweights Malayan Banking Bhd (Maybank) and Tenaga Nasional Bhd.
MLYBY MLYNF UPBMF 7036 BATS 4162 3034 2089 5014 9334 5199 2852 1155 5347 3301 3867 TNABY MYPRY 2836 TNABF HIPEF GEBHF

 
Risk of order book reductions seen with infrastructure job cuts

2018-10-05 theedgemarkets
Construction sector Maintain neutral: The outlook for the construction sector remains challenging as the federal government is reviewing ongoing infrastructure projects to reduce costs by 20%-33%. Projects that could be affected include the Klang Valley mass rapid transit Line 2 (MRT2) and light rail transit Line 3 (LRT3), Pan Borneo Highway (PBH) and Gemas-Johor Baru Electrified Double Tracking (EDT).
2852 9261 3204 5226 6238 5924 5263 5054 9679 5085 7078

 
Sealink sells Miri land for RM26.5m, expects RM19m gain

2018-10-02 theedgemarkets
KUALA LUMPUR: Sealink International Bhd is selling a 1.94ha land in Miri to an indirect wholly-owned unit of Cahya Mata Sarawak Bhd (CMS) for RM26.5 million.
2852 5145

 
AppAsia, Bioalpha, Dataprep, EA Technique, IHH, MAHB, Mexter, Prestariang, Sealink, Taliworks, Astro and TM

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): Based on corporate announcements and news flow today, companies in focus on Tuesday (Oct 2) may include: AppAsia Bhd, Bioalpha Holdings Bhd, Dataprep Holdings Bhd, E.A. Technique (M) Bhd, IHH Healthcare Bhd, Malaysia Airports Holdings Bhd, Mexter Technology Bhd, Prestariang Bhd, Sealink International Bhd, Taliworks Corp Bhd, Astro Malaysia Holdings Bhd and Telekom Malaysia Bhd.
6399 5014 5145 0075 2852 0179 4863 5225 8338 MYPRY MYTEF Q0F IHHHF

 
Sealink sells Miri land for RM26.5m, expects RM19m gain

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): Sealink International Bhd is selling a 1.94ha land in Miri to an indirect wholly-owned unit of Cahya Mata Sarawak Bhd for RM26.5 million.
2852 BSMAF 5145 1818

 
Maybank IB issues 15 new call warrants

2018-09-27 theedgemarkets
KUALA LUMPUR (Sept 27): Maybank Investment Bank Bhd is issuing 15 new European style cash-settled call warrants which will be listed tomorrow (Sept 28, 2018), with an issue size of 100 million each.
4634 2852 4863 5148 BRDBF 5263 MYTEF HIPEF 7277 5210 5199

 
EcoWorld founder Abdul Rashid is Cahya Mata Sarawak's new chairman

2018-09-27 theedgemarkets
KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.
2852 8206 8664

 
Cahya Mata Sarawak appoints new chairman

2018-09-27 thestar.com.my
In a statement yesterday, CMSB said Abdul Rashid(pic), who is also EcoWorld’s founder director would take over the responsibility from interim group chairman Datuk Seri Mahmud Abu Bekir Taib, who reverts to the post of CMSB deputy group chairman.
2852

 
EcoWorld's founder director Abdul Rashid is Cahya Mata Sarawak's new chairman

2018-09-26 theedgemarkets
KUALA LUMPUR (Sept 26): Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.
2852 8206 8664

 
CMS’ 2H profit seen supported by construction, road maintenance

2018-09-03 theedgemarkets
Cahya Mata Sarawak Bhd (Aug 30, RM3.43) Maintain buy with an unchanged target price of RM4.10: With 16 furnaces operating at full capacity, Om Materials (Sarawak) Sdn Bhd (OMS) has begun to look at Phase 2 for expansion. Cahya Mata Sarawak Bhd (CMS) also has reiterated that it is already looking at alternative sources of supply for its premix raw materials. Growth estimates for financial year 2018 (FY18) remain intact, supported by OMS, construction and road maintenance.
2852

 
Cahya Mata associate’s good performance seen to continue

2018-08-28 theedgemarkets
Cahya Mata Sarawak Bhd (Aug 27, RM3.50) Maintain buy with a higher target price (TP) of RM4.59: We believe the share price will continue to recover from heavy selldown after a stellar performance in first half ended June 30, 2018 (1HFY18).
2852

 
Trading ideas: Sapura Energy, CMS, Southern Steel, Dayang, Axiata

2018-08-27 thestar.com.my
KUALA LUMPUR: JF Apex Research expects Sapura Energy Bhd , Cahya Mata Sarawak Bhd (CMSB), Southern Steel Bhd , Dayang Enterprise Holdings Bhd and Axiata Group Bhd to be among the stocks to watch on Monday.
4634 2852 0146 5665 6888 5141 AXXTF 7155

 
OM Sarawak ramps up output with operation of 16th furnace

2018-08-27 thestar.com.my
OMH has a 75% stake in OM Materials Sarawak. Cahya Mata Sarawak Bhd (CMS) owns the remaining 25% equity interest in the joint venture company
2852 CISEY CNSD SSUMF CISXF 9466

 
Sapura Energy, PUC, Axiata, Cahya Mata Sarawak, Magnum, Southern Steel, Dayang Enterprise, SKP Resources, MMC, MSM, Pos Malaysia, Paramount and Adventa

2018-08-24 theedgemarkets
KUALA LUMPUR (Aug 24): Based on corporate announcements and news flow today, companies that will be in focus on Monday (Aug 27) may include: Sapura Energy Bhd, PUC Bhd, Axiata Group Bhd, Cahya Mata Sarawak Bhd, Magnum Bhd, Southern Steel Bhd, Dayang Enterprise Holdings Bhd, SKP Resources Bhd, MMC Corp Bhd, MSM Malaysia Holdings Bhd, Pos Malaysia Bhd, Paramount Corp Bhd and Adventa Bhd.
4634 2852 5665 6888 IDEA 5141 ICLQY AXXTF 5202 532822 7155

 
Cahya Mata Sarawak records strong 2Q net profit owing to improved results of its associates

2018-08-24 theedgemarkets
KUALA LUMPUR (Aug 24): Sarawak State infrastructure facilitator Cahya Mata Sarawak Bhd (CMSB) saw its net profit for the second quarter ended June 30, 2018 (2QFY18) leap by 59.5% to RM91.63 million from RM57.43 million mainly attributed to the increase in share of results of its associates.
2852 BSMAF 9466 1818

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