We recently visited the Samalaju Industrial Park, which falls under the domain of the SCORE initiative launched in 2008. We are positive on SCORE given its rapid development since its inception. Its key advantage lies within cheap renewable energy which will continue to attract investments from heavy industry players to Sarawak. Listed beneficiaries of SCORE include Cahya Mata Sarawak and Press Metal.
Source: UOB Kay Hian Research - 9 Aug 2017
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