CMS shares up on acquisition proposal

KUALA LUMPUR: Cahya Mata Sarawak Bhds (CMS) shares rose in the early session after its wholly-owned unit, Samalaju Industries Sdn Bhd (SISB), proposed to acquire an additional five per cent stake in OM Materials (S) Pte Ltd (OMS) from OM Holdings Ltd for US$18.45 million.

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