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Cahya Mata Sarawak

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46-638: Cahya Mata Sarawak Berhad (CMSB) ( MYX : 2852 ) is a corporation listed on the Main Market of the Malaysian stock exchange, Bursa Malaysia . It is an investment holding company involved in Sarawak in manufacturing of cement and other construction materials, road construction and maintenance, laying of undersea pipelines, dam construction, smelting, property development, financial services, and education. Cahya Mata Sarawak literally means "the light of Sarawak's eye" in

92-622: A Main Board, a Second Board and MESDAQ (now ACE Market) with total market capitalization of ( USD $ 397.39 billion). On 7 May 2024, Bursa Malaysia hit RM2 trillion in market capitalisation for the first time. Pan Borneo Highway The Pan-Borneo Highway ( Malay : Lebuhraya Pan Borneo ) including the sections now known as the Pan Borneo Expressway , is a controlled-access highway on Borneo Island , connecting two Malaysian states, Sabah and Sarawak , with Brunei . The length of

138-550: A board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur. The two trading rooms were linked by direct telephone lines into a single market with the same stocks and shares listed at a single set of prices on both boards. The Malaysian Stock Exchange was formally formed in 1964, and in the following year, with the separation of Singapore from Malaysia , the stock exchange continued to function under

184-578: A company named Malaysian Phosphate Additives (Sarawak) Sdn Bhd (MPAS) at Similajau Industrial Park. In the same year, CMSB became top 100 Malaysian companies in terms of market capitalisation. In 2014, CMSB worked with Germany-based Christian Pfeiffer Maschinenfabrik GmbH to develop a new cement grinding plant in Mambong. On 22 September 2014, first ferrosilicon slab was successfully produced by OM Materials ferrosilicon and manganese ferroalloys Smelter at Similajau Industrial Park. In 2015, CMSB increased its stake in

230-820: A divided highway. The upgrade works of the Pan-Borneo Highway to a divided highway is expected to be completed by 2023 for the Sarawakian section and by 2025 for the Sabahan section, with the overall cost of RM27 billion. Under the rule of then BN government, led by Musa Aman , UEM, MMC and Warisan Tarang Construction Sdn Bhd is teaming up, forms UEM-MMC-Warisan Tarang JV Sdn Bhd via a joint venture (JV) and received their role as project delivery partner (PDP) via Borneo Highway PDP (BHP) Sdn Bhd in 2016. Warisan Tarang owns BHP. It starts at Sindumin and ends at Serudong. In 2019, UEM announces that UEM-MMC-Warisan Tarang JV Sdn Bhd agrees

276-461: A fleet of construction and road maintenance equipment, as well as vehicles to meet the division's needs. This company maintains approximately 5,400 km (3,400 mi) of state roads in Sarawak under a long-term concession. Using an internationally recognised road management and maintenance system, its scope of works includes maintenance and repair of road surfaces as well as road markings and furnishings, such as signage and lighting. This company

322-417: A turnkey contractor. Samling Resources Sdn Bhd and Pekerjaan Piasau Konkerit Sdn Bhd (PPK) takes the two projects, WPCs 01 & 02 connects Telok Melano and Sg. Moyan & WPC10 Bintulu Airport Junction to Sg. Tangap + Kick-Off Project Nyabau to Bakun Junction. In January 2019, the first package, Telok Melano to Sematan was complete and the main contractor, Samling Resources Sdn Bhd, hands the completed road to

368-563: A wide range of civil engineering, building and utility works (including dams, undersea pipe lay and other water-related works) as well as road construction and road maintenance. It also holds a long-term concession from the Federal Government of Malaysia to maintain approximately 680 km (420 mi) of federal roads within Sarawak. CMSB via PPES Works (Sarawak) Sdn Bhd (PPESW) sets a joint venture (jv) with Bina Puri Sdn Bhd (BPSB) via an associate company, PPESW BPSB JV Sdn Bhd. its role

414-590: Is the main contractor for Sg Awik to Bintangor Junction in work package contract (WPC06). It is the one of the 11 Pan Borneo highway work packages and the length of the highway is 64.48 km (40.07 mi). PPESW BPSB JV Sdn Bhd is flanked together with Endaya TRC PK JV Sdn Bhd (WPC05; Batang Skrang to Sg. Awik) and HSL DMIA JV Sdn Bhd (WPC07; Bintangor Junction to Sg. Kua Bridge). This company and its subsidiaries undertake general construction, specialist infrastructure projects, road maintenance concessions and road laying and rehabilitation works. This company also owns

460-530: Is a specialised provider of construction, maintenance and rehabilitation services for road pavements. This includes processes such as cement stabilisation, pavement profiling and the recycling of existing pavements in an environmentally friendly manner. These processes offer cost savings, speed of construction and improved pavement performance and life. CMS Modular Housing has a plant in Sejingkat , Kuching that supplies pre-fabricated steel-framed housing components for

506-750: Is one of the largest bourses in ASEAN . It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides full integration of transactions, offering a wide range of currency exchange and related services, including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia , the stock exchange regulates the capital market in Malaysia and, through its facilities, upholds

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552-458: Is supposed to connect Sabah with North Kalimantan. The Malaysian section of the Pan-Borneo Highway is signposted as Federal Route 1 in Sarawak and Federal Routes 1 , 22 and 13 in Sabah. The 1,077-km highway in Sarawak is divided to 92 sections altogether, and the sections are sometimes being signposted along with the route number with the syntax of xx-yy , where xx is the route number and yy

598-524: Is the section code. In Brunei, the highway is signposted simply as the AH150. The Pan-Borneo Highway was built due to the lack of the intercity highway network in the island of Borneo. In East Malaysia , the intercity highway plan only existed after the Second World War ended in 1945, after the states of North Borneo (Sabah) and Sarawak were ceded to Britain to become British Crown Colonies . By 1949,

644-560: The FT13 highway and the entire section of the SA51 highway) was completed. The construction of the remaining section of the FT13 highway was completed in the early 1990s after the construction of Sungai Kinabatangan and Sungai Segama bridges were completed. Meanwhile, in Sarawak, the construction of the first intercity trunk highway in Sarawak was commenced in 1965, dubbed as the "First Trunk Road". Most of

690-574: The Malay language ; "Cahya Mata" also figuratively means "the child of". On 8 October 1974, CMSB was incorporated as Cement Manufacturers Sarawak Sdn Bhd, at Power Street, Kuching. The first board meeting was held on 31 October 1974 by Sarawak state financial secretary Bujang Mohd Nor and chief executive of Sarawak Economic Development Corporation (SEDC) Mohd Amin Satem, with four others, including representatives from Sabah Economic Development Corporation (SEDCO). CMSB

736-541: The WARISAN - Pakatan Harapan government's decision to terminate their role as PDP. Since then, the joint venture company would gave up their operation and gives the project to other contractors to continue, mostly to Public Works Department or Jabatan Kerja Raya (JKR). This has caused the Sabah Pan Borneo Highway project to be disrupted in the long run until September 2020. In October 2020, new Sabahan government

782-532: The Bandar Samariang Phase I project. This subsidiary achieved RM 4.1 million in sales in 2003, however with operating losses of RM 14.3 million due to high-interest rates and depreciation costs. CMS decided to wind down this company's involvement in housing development while focusing on selling insulation products and materials. Bursa Malaysia Bursa Malaysia is the stock exchange in Malaysia . It

828-529: The Governor of North Borneo reported that there were 130 miles (210 km) of roads paved with asphalt, 23 miles (37 km) of other metalled roads, 225 miles (362 km) of dirt roads and 578 miles (930 km) of bridle paths . The construction of the intercity highway network in Sabah and Sarawak intensified at a faster pace after both states participated in the Federation of Malaysia in 1963. In Sabah,

874-602: The HELP Education Group signed an agreement to establish Tunku Putra-HELP International School (TPHIS). In the same year, CMS Cement Industries Sdn Bhd collaborated with UNIMAS Holdings Sdn Bhd on the development of concrete made from Portland limestone cement and Portland composite cement. In October 2022, Cahya Mata Sarawak changed its logo. The company's revenue reached RM 814.6 million (US$ 196.7 million) in December 2021. In 2023, RAM Ratings (a rating agency established by

920-615: The Malaysian and Singapore Stock Exchange (MSSE). In 1973, with the termination of currency interchangeability between Malaysia and Singapore, the SEMS was separated into the Kuala Lumpur Stock Exchange Bhd (KLSEB) and the Stock Exchange of Singapore (SES). Malaysian companies continued to be listed on SES and vice versa. A new company limited by guarantee, The Kuala Lumpur Stock Exchange (KLSE) took over operations of KLSEB as

966-570: The OM Materials ferroalloys plant in Samalaju by 5%. In 2016, CMSB subsidiary PPES Works (Sarawak) Sdn Bhd was involved in the construction of Datuk Temenggong Abang Kipali bin Abang Akip Interchange at Petra Jaya, Kuching. In 2017, CMSB collaborated with Leburaya Borneo Utara on using water jets and pressure bars in constructions of Pan Borneo Highway . On 9 March 2018, CMSB, Ibraco Berhad and

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1012-558: The Pan-Borneo Highway network in Malaysia were state highways. After the Federal Roads Act 1959 was made effective in Sabah and Sarawak in 1984, those highways were re-gazetted as federal highways in 1996 with the route number of FT1 (from Sematan to Kudat through Brunei ), FT13 (Mile 32 Sandakan to Tawau) and FT22 (Tamparuli to Sandakan). Those highways were later gazetted as a part of Asian Highway Network Route AH150. Although some sections had been upgraded to divided highways ,

1058-629: The Pan-Borneo Highway was notorious for its poor condition in many sections. As of 2010 , 1,184 kilometres (736 mi) of the Indonesian Trans-Kalimantan Highway was built below the Asian Highway Network Class III standards (lane width: 3.0 m; design speed limit: 80 km/h). Meanwhile, the overall condition in many sections of the Malaysian section of the Highway was poor with many potholes, because most sections of

1104-504: The central bank of Malaysia) upgraded the company's outlook from stable to positive because of the phosphates manufacturing division due to open in mid-2023. This company, a joint venture with the Sarawak Economic Development Corporation (SEDC), is a long-established and leading construction company in Sarawak, having built many iconic projects over the years. With its wealth of experience it continues to undertake

1150-541: The construction of modular houses . In 2003, the subsidiary secured a five-year building contract with Daya Perumahan Sdn Bhd (Daya Perumahan is a unit set up by Housing Development Corporation Sarawak) to supply roofing materials for low-cost housing development projects. The company supplied roofing materials for 1,098 low-cost houses in Bandar Samariang in Petra Jaya , Kuching. CMS Modular also supplied wall materials to

1196-697: The duty to manage and maintain order in the trading of stocks, bonds and derivatives. Bursa Malaysia was established in 1930, when the Singapore Stockbrokers Association became an official organization of securities in Malaya . In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on 9 May that year. In 1961,

1242-436: The each of projects, consists WPC02 (Bau, Lundu, Mile 10, Mile 7, Mile 6 & Mile 4 1/2), WPC03 (Serian 1, Serian 2 & Simunjan), WPC04 (Sri Aman), WPC05 (Betong), WPC06 (Sarikei & Bintangor), WPC07 (Julau & Sibu), WPC08 (Selangau), WPC10 (Nyabau, Suai, Niah & Bakun) & WPC11 (Miri Airport, Bekenu, Beluru & Pujut Link). Contractors involved are: It was conducted by Lebuhraya Borneo Utara Sdn Bhd (LBU) as

1288-548: The entire highway is 2,083 kilometres (1,294 mi) for the Malaysian section, 168 kilometres (104 mi) for the Bruneian section. The highway is numbered AH150 in the Asian Highway Network and as Federal Route 1 in Sarawak. In Sabah, the route numbers given are 1 , 13 and 22 . The upragrading of the 1,663 kilometres (1,033 mi) highway to dual carriageway is a joint project between both governments, which

1334-517: The first federally-funded intercity highway project ever constructed was the Federal Route 22 from Kota Kinabalu to Sandakan , as a joint project between the Malaysian federal government with the government of Australia . Also dubbed as the "Malaysia-Australia Road Project" (MARP), the construction of the FT22 highway began in 1968 and was completed in 1982 with Telupid town became the main centre of

1380-505: The first contractor and ended with Konsortium KPE Sdn Bhd for Sg. Tangap to Pujut Link Road in July 2016 as among the last contractors to do so. The length of this project was almost 1000 km and the cost was near RM1 billion. Of all the projects, WPC01 Telok Melano to Sematan was the shortest length (32.77 km) while WPC02 Sematan to Sg. Moyan was the longest length (95.43 km), both went by Samling and there are 24 interchanges built at

1426-739: The first flyover to be so. Julau Interchange, one of two flyovers in Sibu, were opened to public as well as new 4 lane road towards Durin Bridge. This was followed by Sibu Interchange in May 2023, completing the entire WPC07 segment. In 2022, Nyabau Interchange, the longest flyover ever to be built, opened to public. At the same year, Interchanges of Mile 7 and 6 in Kuching, Miri Airport and Pujut Link opened to public as well as new 4 lane road towards Permyjaya in Miri. Also, Sri Aman flyover

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1472-501: The government to ease the Telok Melano residents to start their new trips to Sematan, Lundu, Bau, Kuching and vice versa via KM0.00, Telok Melano and ends at Sematan Roundabout, which was nearer to SMK Sematan. It was launched by then Works Minister, Baru Bian and Chief Minister (now Premier), Abang Johari Tun Openg . At the same year, the kick-off project (KOP) Nyabau to Bakun Junction was completed and officially opened at 14 October by

1518-484: The highway network in Sarawak was constructed within the decades of the 1960s to 1980s. The Lawas–Merapok–Sindumin section was completed in 1981 while the final missing link from Sibu to Bintulu was completed in 1985. However, the highway had not been fully paved with asphalt yet at that time; it was only by the end of Sixth Malaysia Plan (RMK6) in 1995 that the FT1 highway in Sarawak was fully paved. Before 1996, all routes in

1564-411: The highway were built with standards as low as JKR R3 (design speed limit: 70 km/h; minimum lane width: 3.0 m). A study to upgrade the entire highway to a super two highway under JKR R5 standard (design speed limit: 100 km/h; minimum lane width: 3.5 m) was done, which was expected to cost RM16 billion. Ultimately, the Malaysian federal government had opted to upgrade the Pan-Borneo Highway to

1610-622: The project headquarters. In the meantime, the Kota Kinabalu–Papar section of the Federal Route 1 was completed in 1964, followed by the Kota Kinabalu–Kudat section which was completed in the 1970s. The entire Sabah Federal Route 1 was completed in 1981 after the construction of the final section from Papar to Sindumin was completed that year. Two years later in 1983, the construction of the Tawau–Semporna Highway (part of

1656-585: The remaining Pan-Borneo Highway projects. The journey began in Tawau , Sabah to Telok Melano, Lundu, Sarawak . The King's Kembara Borneo journey is aims to feel driving in the Pan-Borneo Highway and also intended to known the Borneo more closer perspective. In 2015, then Prime Minister Najib Razak and then Chief Minister , Adenan Satem launched the Pan Borneo Highway project in Telok Melano. The main purpose

1702-506: The representators of Sarawak Public Works Department, LBU, state government and Shin Yang Group. In 2020, LBU's status as Project Delivery Partner (PDP) was terminated by then Pakatan Harapan government prior to their collapse and JKR takes over the project at the same time. The contractors were divided into different WPCs: In 2021, the new Durin Bridge's parallel was opened to public, as well as Serian 1 & 2, and Mile 4 1/2 Interchanges,

1748-480: The same year, CMSB ceased the operations of its loss-making ICT subsidiary company "I-system Group Berhad", acquired five years before. In 2011, CMSB reacquired CMS Roads and CMS Pavement Tech. In the same year, CMSB entered a joint venture with OM Materials Pte Ltd to operate ferrosilicon and manganese ferroalloys Smelter at Similajau Industrial Park. In 2013, CMSB entered a joint venture with Malaysian Phosphate Venture Sdn Bhd (MPV) and Arif Enigma Sdn Bhd (AESB) to form

1794-409: The stock exchange. In 1994, it was renamed Kuala Lumpur Stock Exchange. It also fully suspended the trading of CLOB (Central Limit Order Book) counters, indefinitely freezing approximately US$ 4.47 billion worth of shares and affecting 172,000 investors, most of them Singaporeans. Kuala Lumpur Stock Exchange (KLSE) became a demutualized exchange and was renamed Bursa Malaysia in 2004. It consists of

1840-421: The subsidiaries of Sara Kuari); Steel Industry Sarawak Bhd; and PCMS Sdn Bhd. CMSB also acquired Sarawak Works Department premix plants. CMSB also acquired Archipelago Shipping (Sarawak) Sdn Bhd in 1996. Archipelago Shipping was later renamed as CMS Transportation Sdn Bhd. In November 2001, another company named Achi Jaya Services Sdn Bhd offered to acquire CMS Transportation Sdn Bhd for RM30 million. The transaction

1886-748: Was completed in January 2003. On 13 June 1996, the company changed its name to Cahya Mata Sarawak Berhad (literally means "Sarawak's favourite son"). The original blue of its logo was changed to yellow, red, and black, the colours of the Sarawak flag. The interlocking logo represents Yin and yang , reflecting the company's main activities at that time,infrastructure and investment. On 26 December 2000, CMSB reached an agreement with peninsular Malaysia -based K&N Kenaga Sdn Bhd, whereby CMS futures and securities business were sold to Kenaga in exchange for 25% shares in Kenaga. On 1 May 2003, CMSB subsidiary, Utama banking group,

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1932-861: Was established under Gabungan Rakyat Sabah (GRS), led by Hajiji Noor , defeating Shafie Apdal 's WARISAN in state election. The leaders of GRS announced that the Sabah Pan Borneo Highway will be restarted again and will not terminated the process until the Pan Borneo projects successfully done. The Pan Borneo Sabah Highway consist of 3 phases namely Phase 1 involved Sindumin-Kota Kinabalu-Kudat, Ranau-Mile 32 Sandakan-Tawau stretch of up to 706 km, while Phase 2 involved Tamparuli-Ranau (96km) and Phase 3 involving Tawau-Kalabakan-Keningau-Kimanis (432km). The contractors and WPCs involved are: In September 2023, The King of Malaysia , Yang di-Pertuan Agong , Abdullah of Pahang visits Borneo Island (the journey also known as Kembara Borneo ) and The King of Malaysia checking all

1978-743: Was jointly owned by SEDC and SEDCO on 50:50 basis. Bujang Mohd Nor and Mohd Amin Satem became the first directors on the company board. In 1978, the company set up its first Portland cement manufacturing plant in Pending Industrial Estate, Kuching; Sarawak had previously imported Green Island cement from Hong Kong through Borneo Company Limited . In 1989, CMSB became the first Sarawak company listed on Bursa Malaysia main board. In 1994, CMSB created subsidiary companies CMS Cement Sdn Bhd and CMS Properties Sdn Bhd. CMSB also acquired shares in three SEDC subsidiaries, namely Sara Kuari Sdn Bhd (where PPES Works (Sarawak) Sdn Bhd and PPES Premix Sdn Bhd were

2024-849: Was merged with RHB Bank to form RHB Group, in keeping with Bank Negara 's policy of consolidating Malaysia's banking industry. Utama banking group obtained 32.8% of RHB Group shares during this merger. In 2007, Employees Provident Fund (EPF) purchased all the RHB shares owned by Utama banking group for RM 2.25 billion. In 2008, Utama banking group acquired CMS Roads and CMS Pavement Tech by offering shares to PPES Works (Sarawak) Sdn Bhd (a subsidiary of CMSB) and cash payments to SEDC. In 2009, Utama Banking Group disposed CMS Roads Sdn Bhd and CMS Pavement Tech Sdn Bhd to Putrajaya Perdana Bhd. In 2010, CMSB sold Utama banking group to Petro Saudi International Ltd, an investment company based in Saudi Arabia for cash return. In

2070-517: Was started in 2015 The Pan-Borneo Highway, Asian Highway Route AH150 is supposed to be a circular highway that runs along the coastlines of Sarawak, Brunei, and Sabah. The Malaysian and Indonesian sections are linked together by a highway known as the Trans-Malindo Highway (Jalan Lintas Malindo) , which is gazetted as Federal Route 21 in Malaysia. However, a missing link does exist from Serudong, Sabah to Simanggaris, North Kalimantan, which

2116-565: Was to upgrade the two-way lane to four lane two-way lane. 50 years ago, long-distance travelling was the only way through the two way and it was unhappy news for those who traveled to other parts of the state for working abroad and holiday seasons. It was Adenan's manifesto to upgrade the state's infrastructure. 10 contractors were involved in this project, beginning with Samlig Resources Sdn Bhd (formerly JV with Ekovest before terminated in 2019 following project dispute) for works package (WPC01) which connects Telok Melano and Sematan in December 2015 as

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