Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

10 Mar
4 May
19 May
26 May
27 Jun
25 Feb
10 Mar
24 Mar
25 Mar
4 May
19 May
26 May
27 Jun
Looking Back at 2011
Engaging with Stakeholders
CMS recorded a revenue of RM943.48 million with
a Profi t Before Tax of RM117.25 million for the year
ended 31 December 2010.
CMS hosted Japanese conglomerate, Marubeni’s
10-member team led by its President, Teruo Asada.
Marubeni is studying business expansion options to
Malaysia, specifi cally SCORE.
CMS participated in the Building Trade Show
organised by Persatuan Arkitek Malaysia (PAM)
Sarawak Chapter. The annual exhibition which
started in 2003 has grown to be the biggest show of
its kind in Sarawak.
CMS Opus Private Equity received the Award for
Successful Exit of 2010 by the Malaysian Venture
Capital and Private Equity Association.
CMS held an Extraordinary General Meeting where
the Shareholders approved the acquisition of CMS
Roads and CMS Pavement Tech.
CMS Land and UCSI group signed the Sale &
Purchase Agreement for the acquisition of land at
The Isthmus for a training hotel as the fi rst phase of
a planned full university campus.
CMS held its 36th Annual General Meeting for
Shareholders for the fi nancial year 2010. All nine
resolutions were passed including a resolution for
the payment of a 5 sen special dividend less 25%
taxation per share in addition to the 5 sen fi rst and
fi nal dividend less 25% taxation per share for the
fi nancial year ended 31 December 2010.
CMS Opus Private Equity distributed RM15 million
to its investors in the COPE-KPF Opportunities Fund
1 through partial redemption of its redeemable
preference shares. The amount distributed
represented a 16% increase from the earlier years’
distribution and it came from profi table exits from its
investments.
Annual Report 2011 9