SCIB shareholders approve 3-for-1 bonus issue

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB)’s shareholders have approved the company’s proposed three-for-one bonus issue and free warrants during a virtual EGM held yesterday. SCIB said in a statement that the virtual EGM was convened for the bonus issue of 367.9 million new ordinary shares in the company on the basis of three bonus […]

S’wak company gets contracts worth RM707.2m

KUCHING: A total of three engineering, procurement, construction and commissioning (EPCC) contracts valued at RM707.24 million in Abu Dhabi, Malaysia and Indonesia have been awarded to Sarawak Consolidated Industries Berhad’s (SCIB) wholly-owned subsidiaries namely SCIB International (Labuan) Ltd (SILL) and SCIB Industrialised Building System Sdn Bhd (SIBS). Chief executive officer and managing director of SCIB […]

SCIB EGM held, all resolutions passed

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB), which successfully concluded its extraordinary general meeting (EGM) Wednesday via live streaming, on Thursday said its shareholders have passed all four resolutions presented to them during the meeting. In a statement, the integrated solution company in civil construction said one of the resolutions was the proposed new recurrent […]

SCIB share price goes on extraordinary rally

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) share price has been on an “extraordinary” rally following the change of key ownership barely three months ago. From a penny stock languishing below 50 sen per share a year ago, SCIB shot to intra-day high of RM2.50 yesterday against 2019’s close of RM1.90 or up by more than […]