SCIB buys Kuching land for RM21.6 mil

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) is acquiring five industrial leasehold plots in the Demak Laut Industrial Park, Kuching, Sarawak for RM21.6mil cash.

The industrialised building systems specialist, in a statement, said the acquisition, involving five lots of land, totalling 8.8544 hectares in the Muara Tebas Land District, represented a strategic expansion of SCIB's operational footprint.