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.