Friday, 31 Oct 2014
Others - Cahya Mata Sarawak Berhad ("CMSB" or "The Company") Joint Venture between Samalaju Industries Sdn Bhd and OM Materials (S) Pte Ltd
General Announcement
Reference No: CM-111108-33155
Company Name: CAHYA MATA SARAWAK BERHAD
Stock Name: CMSB
Date Announced: 08/11/2011
Type: Announcement
Subject: OTHERS
Description: CAHYA MATA SARAWAK BERHAD ("CMSB" OR "THE COMPANY")
JOINT VENTURE BETWEEN SAMALAJU INDUSTRIES SDN BHD AND OM MATERIALS (S) PTE LTD
Announcement Details/Table Section :
We refer to the Company’s announcements dated 7 July 2011, 29 July 2011, 7 October 2011, 20 October 2011 and 24 October 2011 respectively pertaining to the Joint Venture between its wholly owned subsidiary company, Samalaju Industries Sdn Bhd (formerly known as Similajau Industries Sdn Bhd) and OM Materials (S) Pte Ltd, a wholly owned subsidiary company of OM Holdings Limited, on the proposed Manganese and Ferro Silicon Smelting Project in Samalaju, Sarawak (“Project”).

Cahya Mata Sarawak Berhad (“CMSB”) wishes to announce that it has received notification on the following information pertaining to the Project:

1. The Definitive Feasibility Study for the development of the Project to be undertaken by the joint venture company, OM Materials (Sarawak) Sdn Bhd (“OM Sarawak”), has been completed and approved by the Board of Directors of OM Holdings Limited;

2. On 20 September 2011 the Ministry of International Trade and Industry of Malaysia has issued a manufacturing licence to OM Sarawak for the production of sintered manganese ore and ferro silicon, silicon manganese, high carbon ferro manganese and refined ferro manganese alloys; and

3. OM Sarawak has commenced the Detailed Environmental Impact Assessment (“DEIA”) process by submitting the Terms of Reference for the DEIA to the Department of Environment. The DEIA is expected to be completed by 2nd quarter of 2012.

This announcement is dated 8 November 2011.