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Clients to take on SCIB debts owed in 6 projects

KUCHING: The clients of Sarawak Consolidated Industries Bhd (SCIB) and its wholly-owned subsidiary SCIB International (Labuan) Ltd (SCIBL) have agreed to take on the debts the latter owe to their sub-contractors in six projects in Qatar and Oman. The agreement was reached after SCIB and SCIBL signed the respective novation agreements on Sept 20, 2022 […]