The Cahya Mata Sarawak (CMS) story is one of resolve and resilience, responsibility and respect. Under the current management team, we have adopted a solid strategy for sustainable business growth, focusing on our core competencies of cement manufacturing, construction materials and trading, construction and road maintenance, property development and strategic investments in financial services, education, steel and pipe fabrication and installation as well as ferrosilicon and manganese alloys smelting.

As Sarawak moves into a new era of growth with the Sarawak Corridor of Renewable Energy (SCORE), CMS’ expansion is taking a new trajectory to take advantage of business investment opportunities in energy intensive industries and Sarawak’s infrastructure and related needs. With professional employees, world-class capabilities, a focussed strategy and synergetic business portfolio across Sarawak, CMS is increasing its value and growth for all four of our stakeholders – our Shareholders, Staff, Customers/Suppliers and Community – bringing prosperity to all.

These core strategies are the foundation for CMS towards realising our Transformational Growth:

Riding on the Sarawak Growth Story

  • Malaysian GDP growth for 2016 & 2017 projected to be 4.4% & 4.5% respectively.
  • Sarawak is more insulated from external downturns & turmoil due to the long term nature of its economic drivers in SCORE.
  • Sarawak’s GDP grew by 5% in 2015 & projected to grow by 4% in 2016.

Be the best proxy investment for Sarawak’s accelerating growth via:

  • Energy intensive industry investments; and
  • Consequential infrastructure and related services required across the State.


  • Maximise our core business divisions & our Strategic Investments to take advantage of Sarawak’s growth.
  • Adopt an ‘Edging strategy’ i.e. focus on business opportunities in our near field (or immediate periphery) to provide significant profits growth.
  • Investment criteria for projects:
    • Hurdle rate / IRR: At least 18%;
    • Scaleable / long term sustainability;
    • Quality partners / JVs;
    • Raw materials processing / manufacturing and/or infra / services focus.
  • An indispensable ally to State development regardless of politics – thru professionalism and neutrality.
  • Be known for our Corporate Governance, Sustainability & Management Competency.
  • Acquire expertise / knowledge for regional expansion outside Sarawak later.
  • To maintain a moderate risk profile.