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JOINT HOLDING STATEMENT: FATALITY AT PAN BORNEO HIGHWAY PROJECT SITE

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26 March 2018

It is with absolute sadness that we confirm that today we lost a member of our CMS family. He was carrying out his duties in directing traffic at a section of the Pan Borneo Highway project site when he was struck by a vehicle.

Our onsite emergency responders, first aid officers and a sub-contractor who took him to hospital all tried valiantly to save his life; tragically, however, they were unable to save him.

Our immediate focus now must be in providing as much care and support possible to our fallen colleague’s family, with whom our hearts and prayers are with at this extremely upsetting time. Our senior management is already on their way to be with the family so we can help as much as they need us to.

The heads of our HSSE and HR departments are working closely with the relevant authorities such as PDRM and DOSH, to collect statements and ascertain the details of this tragic incident.

It is inappropriate for us to comment further at this time. Our main priority is to be there for the family of the colleague we lost today.

Any details of any enquiry by CMS or the relevant authorities into the incident will be released with full transparency at the appropriate time. We must stress that at this point, our only thoughts are to provide support to the bereaved family.

– Ends –

Tunku Putra-Help International School Launching_13_media

Cahya Mata Sarawak Berhad, Ibraco Berhad and the HELP Education Group jointly establish Tunku Putra-HELP International School in Kuching

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Kuching (Sarawak), Friday, 9 March 2018 – Cahya Mata Sarawak Berhad, Ibraco Berhad and the HELP Education Group announced their partnership in establishing the Tunku Putra-HELP International School in Kuching in a launching ceremony today. The ceremony was graced by the presence of His Excellency The Governor of Sarawak, Tun Pehin Sri Haji Abdul Taib Mahmud, and also attended by The Honourable Dato Sri Michael Manyin ak. Jawong, Minister of Education, Science and Technological Research, Sarawak, representing The Right Honourable Datuk Patinggi (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, Chief Minister of Sarawak.

The partnership of these three large organisations promises to deliver world-class education and world-class facilities at affordable fees to the people of Sarawak. The new Tunku Putra-HELP International School will begin its first intake in January 2020 at its new purpose-built campus, which will hold a capacity of 1,500 students. Located strategically in the NorthBank at Tabuan Jaya, the residential heart of Kuching, the School will offer both national and international curricula, for students at kindergarten, primary, secondary and A-Level.

“Tabuan Jaya has grown continuously and we look forward to a new purpose-built campus with the state-of-the-art facilities that the students can enjoy. We seek to deliver excellence in education to our community with Tunku Putra-HELP International School,” said Datuk Chew Chiaw Han, Managing Director of Ibraco Berhad.

The School’s international programme will offer the British Education Curriculum culminating in the widely-recognised IGCSE and CIE A-Level qualifications, which are accepted by the world’s best universities. The national programme will offer the Primary School Standard Curriculum (KSSR) and Secondary School Standard Curriculum (KSSM). Mathematics and Science are further complemented with Singapore and British syllabi.

Combining the best of Western and Eastern education, students will develop higher order thinking skills (HOTS), and will master a minimum of four languages: English, Mandarin, Bahasa Malaysia and Spanish. This will enable them to work or conduct business in over 70% of the world’s countries.

“Our students at Tunku Putra School enjoy learning and are articulate, confident, driven individuals. I am very proud and excited for our students who will be able to further enhance their learning experience at Tunku Putra-HELP International School,” added Datuk Syed Ahmad Alwee Alsree, the Group Executive Director of Cahya Mata Sarawak Berhad and the Chairman of Tunku Putra School.

His Excellency The Governor of Sarawak, Tun Pehin Sri Haji Abdul Taib Mahmud, commented that Tunku Putra School was established in 1996 and was built to provide a specialised and conducive environment to bring out the best in its students. The partnership among the three organisations will take the school to the next level and will offer wider educational opportunities to the State. “The development of education has been a priority to our nation as it will play an important role in the development of our city, State and country,” said His Excellency.

Successful in establishing HELP University and two international schools in Kuala Lumpur and Johor Bahru, drawing over 11,000 students to its university and over 2,000 students to its international schools, the HELP Education Group will contribute its expertise and vast education experience to the establishment of Tunku Putra-HELP International School. HELP University has over 30 years of experience in nurturning top students that have secured scholarships to study in top universities around the world, including Cambridge, Harvard, MIT, UCLA, London School of Economics, Imperial College London and Australian National University.

According to Datuk Professor Dr Paul Chan, the Co-Founder, Vice Chancellor and President of HELP University, “The future of our nation depends on quality education. HELP is thus delighted to have this synergistic partnership with Cahya Mata Sarawak Berhad and Ibraco Berhad to set up the Tunku Putra-HELP International School (TPHIS). We have a shared vision and values. HELP has deep expertise in innovative education leadership and wide experience in management to ensure high academic standards for TPHIS. Recently, HELP International School in KL was accredited as an IPC School, having been recognised for the high quality delivery of the International Primary Curriculum (IPC). This achievement made us one of the 20 out of 1,800 IPC schools in over 90 countries to be given such a recognition. Our goal is to position TPHIS within 5 years, as one of the top international schools in Asia and globally that prepares students with the right mindset and future skills to capture the future.”

Families who seek more information on Tunku Putra-HELP International School are invited to call the school at +6016-678 0351 or email at enquiry@tphis.edu.my. More information are also available on www.tphis.edu.my.

Click to read Press Release in BM or Chinese.

Tunku Putra-Help International School Launching_13_media

Majlis Pelancaran Penubuhan Sekolah Antarabangsa Tunku Putra-HELP di Kuching, Sarawak oleh Cahya Mata Sarawak Berhad, Ibraco Berhad dan HELP Education Group

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Kuching (Sarawak), Friday, 9 March 2018 – Majlis pelancaran penubuhan Sekolah Antarabangsa Tunku Putra-HELP telah diadakan pada hari ini. Majlis pelancaran ini disertai oleh Cahya Mata Sarawak Berhad, Ibraco Berhad dan HELP Education Group. Majlis pelancaran ini telah diserikan dengan kehadiran Tun Pehin Sri Haji Abdul Taib Mahmud, Tuan Yang Terutama Yang di-Pertua Negeri Sarawak dan Yang Berhormat Dato Sri Michael Manyin ak. Jawong, Menteri Pendidikan, Sains dan Penyelidikan Teknologi Negeri Sarawak mewakili Yang Amat Berhormat Ketua Menteri Sarawak, Datuk Patinggi (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg.

Kerjasama di antara tiga buah organisasi yang memiliki reputasi tinggi ini menjanjikan penyampaian pendidikan dan kemudahan berkelas dunia dengan yuran berpatutan kepada rakyat Sarawak. Sekolah Antarabangsa Tunku Putra-HELP yang baharu akan memulakan pengambilan kumpulan pelajar yang pertama pada Januari 2020 di kampus baharunya yang akan dibina dengan tujuan khusus serta kapasiti yang dapat menampung 1,500 orang pelajar. Terletak di lokasi yang strategik di NorthBank, Tabuan Jaya, sebuah pusat perumahan di Kuching, sekolah tersebut akan menawarkan kedua-dua kurikulum kebangsaan dan antarabangsa, untuk pelajar peringkat tadika, sekolah rendah, sekolah menengah dan A-Level.

“Tabuan Jaya sudah berkembang secara berterusan dan kami mengalu-alukan kampus baharu yang akan dibina dengan tujuan khusus serta kemudahan canggih yang boleh digunakan pelajar. Kami mahu menyampaikan kecemerlangan dalam pendidikan kepada masyarakat kita menerusi Sekolah Antarabangsa Tunku Putra-HELP,” kata Pengarah Urusan Ibraco Berhad, Datuk Chew Chiaw Han.

Program antarabangsa sekolah itu akan menawarkan Kurikulum Pendidikan British bagi mendapatkan kelayakan A-Level CIE dan IGCSE yang diiktiraf dengan meluas dan diterima oleh universiti-universiti terbaik di dunia. Program kebangsaan akan menawarkan Kurikulum Standard Sekolah Rendah (KSSR) dan Kurikulum Standard Sekolah Menengah (KSSM). Matematik dan Sains selanjutnya dilengkapi dengan sukatan pelajaran Singapura dan Britain.

Dengan menggabungkan perkara terbaik dalam pendidikan Barat dan Timur, pelajar dapat membentuk kemahiran berfikir pada peringkat lebih tinggi atau ‘higher order thinking skills’ (HOTS), dan akan menguasai minimum empat bahasa: Bahasa Inggeris, Bahasa Mandarin, Bahasa Malaysia dan Bahasa Sepanyol. Ini akan membolehkan mereka untuk bekerja atau menjalankan urusan di lebih 70 peratus negara di dunia. “Pelajar kami di Sekolah Tunku Putra suka belajar dan merupakan individu yang petah, yakin dan bersemangat. Saya sangat bangga dan teruja bagi pelajar kita yang berpeluang untuk meningkatkan lagi pengalaman pembelajaran di Sekolah Antarabangsa Tunku Putra-HELP,” ujar Datuk Syed Ahmad Alwee Alsree selaku Pengarah Eksekutif Kumpulan Cahya Mata Sarawak Berhad dan merangkap Pengerusi Sekolah Tunku Putra.

Tuan Yang Terutama Tun Pehin Sri Haji Abdul Taib Mahmud menyatakan Sekolah Tunku Putra telah ditubuhkan pada tahun 1996 dan telah dibina dengan persekitaran khusus dan kondusif untuk memberikan yang terbaik kepada pelajar-pelajarnya. Kerjasama di antara ketiga-tiga organisasi terbabit akan membawa sekolah itu ke tahap seterusnya dan menawarkan peluang pendidikan yang lebih luas kepada negeri ini. “Kemajuan pendidikan merupakan satu keutamaan bagi negara kita kerana ia akan memainkan peranan penting dalam pembangunan bandar raya, negeri dan negara kita,” kata Tuan Yang Terutama.

HELP Education Group, yang berjaya menubuhkan Universiti HELP dan dua buah sekolah antarabangsa di Kuala Lumpur dan Johor untuk menarik lebih 11,000 orang pelajar ke universitinya dan lebih 2,000 ke sekolah antarabangsanya, akan menyumbang kepakaran dan pengalamannya yang meluas untuk menubuhkan Sekolah Antarabangsa Tunku Putra-HELP. Universiti HELP mempunyai pengalaman lebih 30 tahun dalam usaha mendidik pelajar terbaik yang telah menerima biasiswa untuk belajar di universiti-universiti terkemuka di seluruh dunia termasuk Cambridge, Harvard, MIT, UCLA, London School of Economics, Imperial College London dan Australian National University.

“Masa depan negara kita bergantung kepada pendidikan yang berkualiti. Justeru itu, HELP amat berbesar hati dengan perkongsian sinergi bersama Cahya Mata Sarawak Berhad dan Ibraco Berhad dalam menubuhkan Sekolah Antarabangsa Tunku Putra-HELP (TPHIS), dimana kedua-dua institusi berpegang dan berkongsi visi dan nilai-nilai yang sama. Kepakaran sebagai peneraju dalam pendidikan inovatif dan pengalaman pengurusan yang meluas yang dimiliki oleh HELP semestinya dapat memastikan piawaian akademik TPHIS dapat dipertingkatkan ke tahap yang lebih tinggi. Baru-baru ini, Sekolah Antarabangsa HELP di Kuala Lumpur telah mendapat status akreditasi sebagai Sekolah IPC (International Primary Curriculum) yang mana pengiktirafan ini diberikan atas kecemerlangan dalam penyampaian “International Primary Curriculum” yang berkualiti tinggi. Pencapaian yang membanggakan ini telah meletakkan kami di antara 20 sekolah akreditasi IPC daripada lebih 1,800 sekolah IPC yang terdiri dari sembilan puluh buah negara. Matlamat dalam tempoh lima tahun yang seterusnya adalah untuk menjadikan TPHIS sebagai salah satu sekolah antarabangsa yang terkemuka di Asia dan juga di seluruh dunia yang dapat melahirkan pelajar-pelajar yang berpemikiran dan memiliki kemahiran sewajarnya untuk menakluki masa depan,” kata Datuk Dr Paul Chan selaku Pengasas Bersama, Naib Canselor dan Presiden Universiti HELP.

Keluarga yang mahukan maklumat lanjut mengenai Sekolah Antarabangsa Tunku Putra-HELP dijemput untuk menghubungi pihak sekolah di talian +6016-678 0351 atau emel di enquiry@tphis.edu.my. Maklumat lanjut juga boleh diperolehi di www.tphis.edu.my.

CMS Roads - Miri-Marudi Road media

Cahya Mata Sarawak Berhad Reports Improved Earnings – Year-on-year profit after tax and non-controlling interests (PATNCI) up 27% to RM215.24 million

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Kuching (Sarawak), Friday, 23 February 2018 – Cahya Mata Sarawak Berhad (CMSB – 2852), the State’s leading infrastructure facilitator, is pleased to announce its financial performance for the financial year ended 31 December 2017 (FY2017). The Group reported total revenue of RM1.61 billion and a pre-tax profit (PBT) of RM332.79 million for FY2017. Both Revenue and PBT increased by 4% and 10%, respectively, in comparison to the preceding year’s (FY2016) result of RM1.55 billion and RM302.14 million.

Year-on-year, the Group’s profit after tax and non-controlling interests (PATNCI) of RM 215.24 million for FY2017 was 27% higher than the RM169.18 million reported for FY2016. Earnings per share (EPS) stood at 20.03 sen versus 15.75 sen for the previous year.

Contributions towards FY2017’s earnings came from all four Divisions: Cement Division, Construction & Road Maintenance Division, Construction Materials & Trading Division and Property Development Division. The Cement Division maintained a healthy PBT level of RM101.34 million, marginally short of FY2016‘s PBT of RM105.00 million. The Division’s resilient performance came on the back of the newly commissioned Integrated Cement plant in Mambong, enhanced operational and production efficiencies of the Pending and Bintulu plants, as well as savings from lower coal and key raw material costs.

The Construction & Road Maintenance Division recorded a PBT of RM90.20 million in FY2017 – an increase of 6% over FY2016’s profit of RM85.41 million on the back of higher revenue. Road maintenance revenue was 2% higher in FY2017 due to an increase in the length of State roads maintained. However, this was partially negated by a reduction in the length of Federal roads maintained due to the construction of the Pan Borneo Highway project. Construction revenue was 65% higher in FY2017 mainly due to contributions from two new road construction projects; namely, the Pan Borneo Highway project and the Miri-Marudi road rehabilitation project.

The Construction Materials & Trading Division reported a PBT of RM59.71 million for FY2017, 44% lower than the PBT of RM106.75 million reported during FY2016. This was mainly attributable to lower sales due to the closure of the Penkuari quarry plant as a result of soil erosion, shut-down and relocation of a premix plant and slower implementation of Government projects during the first half of the year.

The Property Development Division’s PBT soared by 101% to a PBT of RM47.22 million in FY2017, from FY2016’s reported PBT of RM23.51 million. This was mainly due to the increase in revenue recognition of the Rivervale Residences housing project and the Raintree Square commercial project, and, additionally, the rental income from a hypermarket in Bandar Samariang.

The Group also recorded a higher share of profit of RM31.62 million in FY2017 from the share of results of its joint-ventures in comparison to FY2016’s profit contribution of RM23.28 million. The increase was mainly attributable to the excellent performance of CMS Opus Private Equity Sdn Bhd and two private equity funds.

Furthermore, CMSB recorded a profit of RM43.50 million in FY2017 from the share of results of its associates, a significant improvement of 224% in comparison to FY2016’s losses of RM35.17 million. This was largely due to the Group’s 25% associate, OM Materials (Sarawak) Sdn Bhd’s improved performance, which is expected to be sustained if ferrosilicon and manganese alloy prices and production outputs are maintained at their current levels. The OM Materials (Sarawak)’s loss in FY2016 was mainly due to the unwound of its currency hedging position.

Commenting on the results, CMSB Group Chief Executive Officer – Corporate, Dato Isaac Lugun, said: “There has been an up-swing in the Group’s financial performance for FY2017 despite the challenging market and operational conditions faced by our Group. During the year, demand for construction materials and related services was sluggish but this was offset by the robust performance of our Property Development Division, the strong contribution from our joint ventures and the turnaround of our associate, OM Materials (Sarawak) Sdn Bhd, which was buoyed by the improvement in commodity prices.”

“We expect the demand for construction materials and related services to remain sluggish in 2018, but we will start to see some upsides as the Pan Borneo Highway project gathers momentum, raising demand for quarry products and cement-based materials. We are hopeful that spending on recent allocations made by the Federal and State governments for infrastructure and telco-infrastructure will start soon to help boost construction activity in the State. We also expect our strategic investments, through our associates, to continue to positively contribute to the Group’s performance.”

“We believe that CMSB continues to be the best proxy for Sarawak’s economic growth. With its healthy balance sheet, the Group is well positioned to benefit in all key growth areas in the State: through OM Materials (Sarawak) Sdn Bhd in the Sarawak Corridor for Renewable Energy (SCORE) initiative, through SACOFA Sdn Bhd in the State’s push to fully embrace the digital economy and through PPES Works (Sarawak) Sdn Bhd and our construction materials supply companies in the roll-out of the Pan Borneo Highway project, other infrastructure projects and the State’s rural transformation plan,” added Dato Isaac Lugun.