SCIB seen benefitting from entry of Abdul Karim(pic)
PETALING JAYA: Sarawak Consolidated Industries Bhd
(SCIB) is seen as the dark horse in Sarawak’s construction sector with a new shareholder that could help it land a higher order book and gain from its relationship with Serba Dinamik Holdings Bhd.
Kenanga Research has written that SCIB stands a chance to win sub-contracting jobs from Serba Dinamik, having already secured shareholders’ approvals from both of the listed entities to allow related-party transactions.
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