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MoU inked on potential tripartite housing collaboration

KUCHING: A major residential development project will be on the cards at Bintulu if a three-way deal on the project materialises. Sarawak Consolidated Industries Berhad’s (SCIB) wholly owned subsidiary, SCIB Properties Sdn Bhd (SCIBP) has inked a Memorandum of Understanding (MoU) with Kemena City Development Sdn Bhd and Smart Borneo Properties Sdn Bhd. The MoU […]

SCIB fixes private placement price

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has fixed the second tranche of its private placement at RM0.3031 per placement share. he issue price represents a discount of approximately 9.98 per cent to the 5-day volume weighted average market price of SCIB shares for the last five market days up to and including June 14, 2023 […]

SCIB posts increased revenue of RM66.3 million

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has a current order book of about RM388 million. This, according to the company, will provide it with earnings visibility until 2026. SCIB group managing director Rosland Othman said the company is cautiously optimistic on prospects ahead as it will continue to leverage on its strength as the leading […]

SCIB, Bintai Kinden in strategic alliance

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) is teaming up with Bintai Kinden Corporation Bhd to establish a strategic alliance for exploring business opportunities, securing of new projects and sharing of profits. Both listed companies signed a memorandum of understanding (MoU) on the partnership on Feb 6. SCIB is a civil engineering specialist and is also […]

Sarawak Consolidated Industries Bhd withdraws from specialist hospital project

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has withdrawn from contracts involving Kencana Healthcare Sdn Bhd’s (KHSB’s) specialist hospital project in Johor Bahru. The company in a statement on Friday (Jan 27) said it had issued a letter of withdrawal for the proposed engineering, procurement, construction and commissioning (EPCC) contracts. The proposed contracts awarded on Aug […]

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 […]

SCIB inks MoU to explore partnership for Indonesian 4G tower project

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) has inked a memorandum of understanding (MoU) with PT Semesta Noor Berkarya (SNB) and PT Envy Manajemen Konsultansi (EMK) to explore forming a partnership in the construction of 4G telecommunications towers for Indonesia’s outermost regions. It said the project, which comes under Indonesia’s telecommunications and information accessibility agency (Bakti), is expected to […]

SCIB records RM37.55 million revenue

KUCHING: Sarawak Consolidated Industries Berhad (SCIB), a civil engineering specialist, yesterday announced that the company recorded revenue of RM37.55 million for the quarter ended March 31, 2022 (Q3FY22). Group managing director/chief executive officer, Rosland Othman said in a press release here yesterday that the company was constantly striving to create value and optimising performance for […]

Sarawak Consolidated Industries help replenish blood bank

KUCHING: The Sarawak Consolidated Industries Berhad (SCIB) jointly organised a Blood Donation Drive Programme with the Sarawak General Hospital Blood Bank (SGH Blood Bank) in conjunction with Malaysia Day. The programme aimed to create public awareness about blood donation and address the blood shortage at SGH as well as emphasising SCIB’s culture of giving back […]

SCIB secures RM271.1 million projects

KUCHING: Sarawak Consolidated Industries Berhad (SCIB) – an integrated civil construction company, through its wholly-owned subsidiaries, SCIB Industrialised Building System Sdn Bhd and SCIB International (Labuan) Ltd, accepted two engineering, procurement, construction and commissioning (EPCC) contracts with estimated total contract value of RM271.1 million today. The EPCC contracts include construction of new school with 12 […]