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CMS realised that its momentum would be better maintained without involvement in this aspect of the information, communication and technology (ICT) sector. It had originally entered into a share sale agreement with local information technology company I-Systems Group Bhd in early 2005 for the acquisition of shares amounting to just over RM18 million, representing a 51% equity interest in the MSC-status […]
In order to focus more clearly on its key businesses, CMS sought to dispose of its stake in Utama Banking Group (UBG). Before doing so however, in May 2009 UBG disposed of CMS Roads Sdn Bhd and CMS Pavement Tech Sdn Bhd to its listed subsidiary Putrajaya Perdana Bhd. On 29 December 2009, it was announced that Petro […]
31 December 2009, Kuala Lumpur — Some good news for the team at CMS I-Systems Berhad! The CMMI Level 3 certified software development company was recently awarded recognition of its global standards from the Multimedia Development Corporation (MDeC), driver of MSC Malaysia’s National ICT Initiative. CMS I-Systems was one of 64 recipients of the prestigious […]
Thursday, 24 December 2009, Kuching – For the second successive year, Tunku Putra School has recorded a 100% pass rate in the Penilaian Menengah Rendah (PMR) examinations. “These are wonderful results for the second successive year for our School which has just completed its second PMR programme”, said a proud School Principal, Dr Suzanne Collins, […]
Monday, 14 December 2009, Kuala Lumpur – Cahya Mata Sarawak Berhad today announced that it will be selling its unit trust fund management subsidiary, CMS Trust Management Berhad, to Kenanga Investment Bank Berhad (KIBB), a subsidiary of K&N Kenanga Holdings Berhad. The Share Sale Agreement (SSA) for KIBB to acquire 100% interest in CMS Trust […]