4 Sept 2006 - 31 Dec 2006
Mission, Core Values & Strategic Objectives defined
Business Alignment steps agreed & started
Divestiture strategy in place
Internal systems upgraded
Transparent Performance Contracts introduced
Medium term financial position secure
1 Jan 2007 - 30 June 2007
Performance Contracts implemented & being refined
Increased profit margins
Reduced overheads
Re-engineered business processes
Business alignment achieved
Divestitures finalised
3-year Business Plan drawn up
Business risk procedures in place
Community engagement with Sarawak starts
1 July 2007 - 31 Dec 2007
Acquisitions & investments commence in core Strategic Business Units
Divestitures completed & monies received
75% of targeted Gross Profit margins happening
'On spec, On time' reputation emerges
Order books expanded by 30%, largely in Sarawak
Payout to staff for Performance Contracts makes very positive impact on staff morale
3rd parties seek out our CMS as a business of choice
Succession planning at key management positions put into place
1 Jan 2008 - 31 Dec 2008
Expansion out of Sarawak commenced in core Strategic Business Unit (Division) areas
Based on our proven track record to deliver on time, to price & on spec, a new energy to grow the business emerges across the Group
Research & Development efforts by our CMS leads to new related products/ processes
Value is unlocked from our CMS shares by listings of one or more Strategic Business Units/companies
Senior management succession planning in place
2012
New Vision & Mission
New Group Corporate Structure
Senior Management changes - Cement, Construction Materials & Property Development
Investor Relations (IR) Programme started
Internal Policy manuals updated
CMS I-Systems closed down
Sarawak Aluminium Company JV ended & new (SCORE) projects explored
CMS Roads re-integrated & Division restructured
Clinker Plant upgraded
Kenanga acquired ECM Libra & ING Funds
KKB Engineering Berhad finalised Petronas fabrication licence
OM Smelter Joint Venture & Power Purchase Agreement signed
2013 - 2014
Introduce new Risk/Business Continuity Plan assessment tools/processes
Next batch of Management Trainees hired
In-house training capability enhanced & senior management attend management school
Work-Life Balance Programme launched
IR road shows with improved sustainability reporting/compliance
Commit to new Cement Grinding Plant, Silos, Jetty Improvements
Sign up/start Property Development catalyst projects or sales
Finalise Samalaju development plans & commence works
Acquire additional land parcels for future development
Acquire additional plant/machinery to meet demand changes
Road Concession Renewal Strategies developed
OM Smelter - Financial Close & Construction start
Kenanga - Integration of two (2) acquisitions, cost-cutting measures & business building
KKB Engineering Berhad - starts Petronas fabrication work
Malaysian Phosphate - decision to proceed or not & if not to identify an alternative
2014 - 2015
Clinker Plant cost savings improve Profit Before Tax
Property Development project sales revenues/ profits start flowing in
Construction Division to have at least RM500m non-roads order books
Samalaju starts sales of its properties
OM Smelter – being commissioned
Kenanga – with lowered costs & bigger market shares sustainable profits grow
KKB Engineering Berhad – growing profitability from Petronas & water pipe contracts
Malaysian Phosphate – Financial close & construction start
2016 +
New Cement plant commissioned & cement demand rises from new dams and exports
Property & Samalaju Development revenues & sales accelerate with less support from land sales
Construction Materials & Trading to have established its Division's new "Engine(s) of Growth"
Construction & Road Maintenance to have its future strategies defined for implementation
OM Smelter - 1st full year of profitable full production
Kenanga & KKB Engineering Berhad - Profits floor at new higher levels plus growth potential
Malaysian Phosphate – Into commercial production
CMS set to be involved in 1 – 2 other major investments