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Dato’ Richard Curtis, Group Managing Director of Cahya Mata Sarawak Berhad to retire at the end of the year – Dato Isaac Lugun and Mr Goh Chii Bing to take over helm

CAHYA MATA SARAWAK POISED TO REALISE CONTINUED GROWTH UNDER DATO ISAAC LUGUN AND MR GOH CHII BING

“CMSB’s Solid Succession Plan Ensures Continued Trajectory As High Performing Company”

Kuching (Sarawak), Friday, 21 July, 2017Cahya Mata Sarawak Berhad (CMSB or CMS) today confirmed that Y Bhg Dato Isaac Lugun and Mr Goh Chii Bing will helm the CMSB business juggernaut as Group Chief Corporate Officer and Group Chief Operating Officer respectively, when Y D H Dato’ Richard Curtis retires from his role as Group Managing Director on 31 December 2017. Dato’ Richard Curtis will remain as Non-Independent Non-Executive Director until the end of 2018.

Y A M Tan Sri Dato’ Seri Syed Anwar Jamalullail, Cahya Mata Sarawak Berhad Group Chairman said, “On behalf of everyone at CMS, I would like to thank Dato’ Richard for his hard work and commitment to the company over the last 11 years. Dato’ Richard played a big role in implementing the company’s 10-year strategic plan to expand and diversify CMS’ business portfolios, allowing CMS to lay solid foundations for growth, realising the company’s full potential, while always playing an active role in the community.”

“Between them, Dato Isaac and Mr Goh have over 45 years with CMS, working closely with Dato’ Richard and the Board of Directors to deliver on our unprecedented decade of growth. This intimate understanding of CMS’ businesses, shared belief in the company’s direction, proven track-record and profound business acumen means absolute continuity that we can leverage on as we usher in a new era of leadership. The Board is delighted to see Dato Isaac and Mr Goh taking these top-two positions because we know them, their qualities, expertise and capabilities.”

“This familiarity with Dato Isaac and Mr Goh instils the Board with absolute confidence that our succession planning is sound, solid and geared for even greater successes. Both gentlemen will report to and work closely with Y Bhg Datuk Syed Ahmad Alwee Alsree, Group Executive Director.”

CMSB has evolved from a single product manufacturer of cement beginning in 1974 to become a corporation focused on its Vision “To be the PRIDE of Sarawak & Beyond”. Today, the company’s portfolio spans over 35 companies involved in cement manufacturing, construction materials, trading, construction, road maintenance, property development, financial services, smelting, telco infrastructure, education and services.