CMS joins the list of Malaysia’s Top 100 market cap companies

In 2013, CMS increased its Investor Relations (IR) activities which included an increase in shareholder meetings, private meetings with the financial community and participation in investment related conferences. As the senior management had then felt that the company had rationalised its businesses to focus on key competencies within Sarawak and SCORE, there was a genuine story to share with the financial/investment community. The IR initiative proved to be extremely successful, and, before the turn of the year, the Group’s rank went up in terms of Market Capitalisation, becoming one of Malaysia’s Top 100 companies, benefiting its then existing shareholders and also its employees who had held shares via the Employee’ Share Options Scheme (ESOS). Around the same time, CMS started to grow in popularity with the investment community and its IR unit met with representatives (i.e. analysts, fund managers, research houses) from around the globe. CMS’ share price closed at RM6.87 on 31 December 2013; in comparison its share price had opened at RM3.32 at the beginning of the year on 2 January. CMS has since maintained its standing as a Malaysian Top 100 market cap company.