欢迎访问联博统计,联博统计是用以太坊区块链的高度为数据统计!

首页社会正文

哈希游戏:CMSB bullish on construction division

admin2022-09-297

澳5彩票开户www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

The order book growth will be achieved via the acquisition of new projects from the Sarawak government and CMSB’s joint-venture partner Sarawak State Economic Development Corp (SEDC), according to group managing director Datuk Seri Sulaiman Abdul Rahman Taib.

KUCHING: Cahya Mata Sarawak Bhd (CMSB) is confident its construction division will grow its order book by an average of 80% per year and sustain earnings momentum over the next two years.

The order book growth will be achieved via the acquisition of new projects from the Sarawak government and CMSB’s joint-venture partner Sarawak State Economic Development Corp (SEDC), according to group managing director Datuk Seri Sulaiman Abdul Rahman Taib.

He said the group’s construction division currently has an order book of RM603.6mil and tender book of RM63mil. The construction division completed most of its major projects last year.

CMSB reduced its stake in two subsidiaries – PPES Works (Sarawak) Sdn Bhd and CMS Resources Sdn Bhd – to 49% from 51% after disposing of 2% equity interest to the SEDC in 2020.

Following the deal, PPES Works’ construction and road maintenance activities and CMS Resources’ quarry operations as well as manufacturing and sales of concrete products and premix come under the direct control of SEDC.

CMSB, however, continues to manage the day-to-day operations of PPES and CMS Resources.

“Moving forward, the CMSB group is focused on strengthening its competitive edge by bidding for new projects related to mega infrastructure works in Sarawak.

,

哈希游戏www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希游戏开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏源码下载、出售。

,

“The group also expects other infrastructure projects, such as the upgrading and improvement works of urban roads, to take form in 2022,” said Sulaiman.

He said this in a circular to shareholders on the proposed disposal of the CMSB’s stake in OM Materials (Sarawak) Sdn Bhd (OM Sarawak), which owns a ferroalloy smelting plant at the Samalaju Industrial Park in Bintulu.

CMSB’s wholly-owned subsidiary, Samalaju Industries Sdn Bhd, has proposed to sell its entire 25% equity interest in OM Sarawak and OM Materials (Samalaju) Sdn Bhd to OM Materials (S) Pte Ltd for US$120mil (RM526.6mil).

CMSB is seeking approval from its shareholders on the proposal disposal at an EGM here on Aug 26.

On the group’s construction materials and trading business, Sulaiman said given SEDC’s majority stake in the quarry and premix-related operations, CMSB is on a stronger footing to capture opportunities from the infrastructure development in Sarawak.

This is especially with several mega infrastructure projects underway or in the pipeline including the Pan Borneo Highway and the Autonomous Rapid Transit (ART) under the Kuching Urban Transportation System (KUTS).

SEDC is tasked by the Sarawak government to develop the KUTS via wholly-owned unit Sarawak Metro Sdn Bhd.

网友评论

1条评论

热门标签