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KLSE:SCIB

4 stories mentioning KLSE:SCIBUpdated 34d ago

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Asia

Sarawak Consolidated Unit Bags MYR21 Million Upgrading Works Deal; Shares Rally 22%

Sarawak Consolidated Industries (KLSE:SCIB) unit SCIB Industrialised Building secured a subcontract worth 21 million for upgrading works at the student hostel block of Institut Pendidikan Guru Kampus Keningau in Sabah, Malaysia, according to a Wednesday Malaysian bourse filing.Shars jumped about 22% in Thursday's late morning trade.The project was awarded by Belian Juta and is scheduled to commence on Aug. 21, 2026, and be completed by Jan. 22, 2029.The company will finance the deal through internally generated funds or project progress billings.

KLSE:SCIB
Asia

Sarawak Consolidated, Inland World's Co-Development Deal Becomes Unconditional

Sarawak Consolidated Industries (KLSE:SCIB) said all conditions precedent for its unit SCIB Ecobuild's co-development agreement with Inland World have been fulfilled, making the deal unconditional, according to a Friday Malaysian bourse filing.According to an earlier filing, the company's unit SCIB Ecobuild signed a deal with Inland World to jointly develop a residential project in Sabah, Malaysia, with an estimated gross development value of 83.2 million ringgit.

KLSE:SCIB
Asia

Sarawak Consolidated Unit, Inland World to Co-Develop MYR83 Million Residential Project

Sarawak Consolidated Industries (KLSE:SCIB) unit SCIB Ecobuild signed a deal with Inland World to jointly develop a residential project in Sabah, Malaysia, with an estimated gross development value of 83.2 million ringgit, according to a Friday Malaysian bourse filing.The project, known as Dimpoukon Residence, will comprise two nine-storey condominium blocks with a total of 144 residential units.Under the deal, SCIB Ecobuild will be responsible for the project's implementation, management and execution, while Inland World will remain the registered and licensed developer.SCIB Ecobuild will be entitled to 80% of the project's net development profit,with Inland World receiving the remaining 20%.SCIB said the project is expected to be completed by February 2029, subject to the fulfilment of conditions and receipt of required approvals.

KLSE:SCIB
Asia

Sarawak Consolidated Industries Unit Bags MYR25 Million School Reconstruction Contract

Sarawak Consolidated Industries (KLSE:SCIB) subsidiary, SCIB Industrialized Building System, secured a 24.6 million ringgit sub-contract for the reconstruction of a school building in Malaysia, according to a Wednesday filing with Bursa Malaysia.The contract was awarded by Jabatan Kerja Raya Sabah, with works running till Jan. 22, 2029.The project will be funded through internally generated funds or project progress billings.

KLSE:SCIB

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