KUCHING: Cahya Mata Sarawak Bhd
(CMSB) is taking up a 20% equity interest in Australia's OM Holdings Ltd's (OMH) US$500mil (RM1.55bil) manganese and ferro silicon smelting plant project in Samalaju Industrial Park, Bintulu, Sarawak.
CMSB's wholly-owned subsidiary, Samalaju Industries Sdn Bhd, signed a shareholders' and subscription agreement for the strategic equity investment in the project's joint-venture company, OM Materials (Sarawak) Sdn Bhd (OM Sarawak) last Thursday.
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