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OM Holdings to conclude purchase of indirect subsidiaries' stakes from Cahya Mata Sarawak in December

KUALA LUMPUR (Sept 15): OM Holdings Ltd (OMH), via its subsidiary OM Materials (S) Pte Ltd (OMS), has fulfilled conditions to acquire the remaining 25% interest in key Malaysian operating subsidiaries OM Materials (Sarawak) Sdn Bhd and OM Materials (Samalaju) Sdn Bhd from Cahya Mata Sarawak Bhd (CMS) for a total cash consideration of US$120 million (RM526.62 million). ....

Kuala Lumpur , Sdn Bhd , Samalaju Sdn Bhd , Om Materialss Pte Ltd , Samalaju Industries Sdn Bhd , Om Holdings Ltd , Australian Securities Exchange , Rom Holdings , Pte Ltd , Cahya Mata Sarawak Bhd , Bursa Malaysia ,

Cahya Mata Sarawak to sell stakes in two companies for US$120mil

KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMSB) has proposed to dispose off the group’s entire 25 per cent interest in ferrosilicon and manganese alloy smelter OM Materials (Sarawak) Sdn Bhd and project management service provider OM Materials (Samalaju) Sdn Bhd for US$120 million (US$1=RM4.42). ....

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