SCIB gets RM16.8mil contract


PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has accepted a letter of award and acceptance worth RM16.8mil for substantial contract works from S & I Urban Designers Sdn Bhd.

In a filing with Bursa Malaysia, SCIB said the contract involves the supply and delivery of precast components for the apron and taxiway of Projek Pembinaan Pangkalan Pasukan Gerakan Udara PDRM Sarawak.

“This project, encompassing both design and construction elements, is scheduled to run from Dec 5, 2023 through Oct 4, 2024.

“With this new contract, SCIB's order book balance now stands at RM273.99mil, further bolstered by a share price of 78 sen a market capitalisation of RM499.4mil as at Dec 4,” it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

SCIB , Sarawak Consolidated

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Quebec pension hit with real estate loss as ‘hostile’ market persists
Strong earnings visibility for Matrix Concepts
TRX takes the spotlight
Japan takes Taiwan’s helping hand in chip ops
TM sets sights on even stronger growth this year
Soul-searching for ringgit solutions
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Sarawak’s new energy play gains more attention

Others Also Read