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Corporate News

SCIB completes RM113mil disposal to focus on construction, EPCC business

Sarawak Consolidated Industries Bhd executive chairman Datuk Chong Loong Men

KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) has completed the RM113mil disposal of SCIB Concrete Manufacturing Sdn Bhd (SCM).

In a statement, the construction and engineering, procurement, construction and commissioning (EPCC) specialist said the disposal will allow it to focus on its construction and EPCC segment, while reassessing its capital raising plans.

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Sarawak Consolidated Industries , SCIB , disposal , construction , EPCC , capital raising ,

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