Sarawak Economic Development Corp no longer a substantial shareholder in Cahya Mata Sarawak
The share disposal comes as CMSB grapples with weaker financial performance.
KIP REIT's trustee acquires RM28.7m industrial property in Sarawak
This acquisition makes the group’s first expansion into East Malaysia, underscoring its commitment to broadening its geographical footprint and reinforcing its long-term growth strategy.
Bina Puri signs pact with Korea’s Hanil, eyes job to build RM220m Sarawak plant
Bina Puri will also be appointed as the exclusive representative for Hanil’s products in Malaysia, while exploring expansion into other Southeast Asian markets.
Gamuda-Naim Holdings JV bags RM1.1b Northern Coastal Highway job in Sarawak
Phase 1 of the highway—covering three sections in Limbang (44.
Rimbunan Sawit calls off joint venture to develop Sarawak NCR land
In a filing with Bursa Malaysia on Thursday, Rimbunan Sawit said it had entered into a rescission agreement with LHSB to mutually terminate the JV agreement signed in April 2001.
Jaya Tiasa diversifies into property development with RM100m land purchase in Sarawak
The land, valued at RM113 million, is being bought below market price.
Cahya Mata Sarawak's 1Q profit down 34% on unfavourable forex, prolonged monsoon season
Its property development business turned to loss in absence of a land sale profit last year, while its investment segment profit also shrank.
Bank Pembangunan to provide RM33.9m for Lundu Resort Phase 2 development in Sarawak
BPMB said the financing was evaluated using its Measuring Impact on National Development framework, which checks alignment with the 12th Malaysia Plan and ESG goals.
Cahya Mata Sarawak sues deputy chairman Abu Bekir Taib, five others over failed project
The action comes two weeks after Abu Bekir himself sued Cahya Mata for allegedly being denied access to the company’s accounts despite his position as a director.
Cahya Mata Sarawak tumbles to 11-month low amid deputy chairman Abu Bekir's legal action
Deputy chairman Datuk Seri Mahmud Abu Bekir Taib filed the suit at the High Court in Kuching.
