Cement News tagged under: Pan Borneo Highway

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Malaysia: CMS relies on cement demand

16 August 2016, Published under Cement News

Despite its stock falling in April, Cahya Mata Sarawak Bhd (CMS) has managed to pick up momentum, registering a share price growth of 17.7 per cent between May and 12 August 2016. The company will be looking to capitalise on the MYR16bn (US$4bn) Pan Borneo Highway infrastructure project. MYR9bn (US$2.2bn) worth of contracts have already been awarded by Lebuhraya Borneo Utara Sdn Bhd for the project and local market players will now be focussing on increasing capacity and sourcing material...