The contracts came less than a month after billionaire Datuk Mohd Abdul Karim Abdullah raised his stake in SCIB to 50.53% via a mandatory takeover offer of the remaining shares in the company not already owned by him at RM1.10 each.The offer expired on Sept 26.
KUCHING: Sarawak Consolidated Industries Bhd
(SCIB), which saw a major ownership change recently, has been awarded five engineering, procurement, construction and commissioning (EPCC) contracts in Malaysia and overseas worth a combined RM175.4mil.
The contracts came less than a month after billionaire Datuk Mohd Abdul Karim Abdullah raised his stake in SCIB to 50.53% via a mandatory takeover offer of the remaining shares in the company not already owned by him at RM1.10 each.The offer expired on Sept 26.
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