KUALA LUMPUR: The domestic trade and consumer affairs ministry is currently investigating whether CMS Cement Sdn Bhd has met its licence requirements and obtained prior permission to increase cement prices.
This comes following the high cement price issue in Sarawak where CMS holds a monopoly in cement production in the state. Based on data supplied by the Construction Industry Development Board and analysis by the Malaysian Competition Commission , there is a price difference of about 57% for 50kg bags and 40% for bulk cement between Sarawak and Peninsular Malaysia, in particular, Selangor.
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