SCIB gets revised RM162mil contract for PR1MA housing project in Kelantan

SCIB group managing director Ku Chong Hong,

PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has secured a RM162mil revised contract from AUEI Teras Holding Sdn Bhd for the Perumahan Rakyat 1 Malaysia (PR1MA) affordable housing scheme in Kota Bharu, Kelantan.

In a filing with Bursa Malaysia, the industrialised building systems specialist said the contract will see SCIB delivering 632 residential units within a 36-month construction period, followed by a 24-month defect liability period.