Monday, November 8, 2010

CMSB: MoU for supply of aluminium technology to finalised soon

KUALA LUMPUR: CAHYA MATA SARAWAK BHD [] (CMSB) expects the memorandum of understanding for the supply of aluminium TECHNOLOGY [] by Alcan Pechiney will be finalised soon.

It announced to Bursa Malaysia on Monday, Nov 8 the negotiations with Sarawak Energy Bhd for the power purchase agreement are on-going and are expected to be completed in coming months.

CMSB said the a definitive licensing agreement for the supply of aluminium technology would be finalised once the power purchase agreement is finalised.


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