SCIB gets loan facilities from SME Bank


PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) and its subsidiary SCIB Industrialised Building System Sdn Bhd have secured Islamic banking facilities amounting to RM70mil from Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).

SCIB said in a statement it has structured two major facilities from the bank to enhance its financial operations and project execution capabilities.

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

Next In Business News

Opensys wins RM22mil cash recycling machines supply contract
Reservoir Link secures its first CCS solutions contract
PETRONAS appoints Mohd Jukris as COO effective Feb 1, 2026
FBM KLCI ends flat ahead of Bank Negara policy meeting
Oil down as easing Iran unrest dampens geopolitical risk premium
CIMB boosts customer protection with new biometric authentication in Octo App
IJM tumbles 5%, short selling suspended amid MACC probe
China set to keep rates steady for eighth month, some traders wager on Q1 easing
Gold, silver hit record highs as Trump-Greenland row sparks safety rally
Aeroline-Corus KLCC agreement ceases with hotel closure

Others Also Read