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

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read