Engineering , Manufacturing , Constructions , Commissioning (EMCC)Image
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June 28, 2021 |Business Today

Sarawak Consolidated Industries Berhad posted recorded revenue of RM175.3 million for the fifth quarter (the company changed its financial year end) ended 31 March.

Profits stood at RM14.3 million and profit after tax was RM12.2 million, the construction/ engineering, procurement, construction and commissioning (“EPCC”) business was the largest contributor to revenue at RM155.7 million and PBT at RM16.1 million.

June 18, 2021 |Focus Malaysia

SARAWAK Consolidated Industries Bhd (SCIB) has re-assured investors that its daily operations are conducted freely by senior management and are abiding to its existing corporate governance guidelines.

Group managing director and CEO of the integrated civil construction service provider Rosland Othman reiterated that SCIB operates separately and autonomously despite being often linked to issues or affairs of Serba Dinamik Holdings Bhd vis-à-vis its controlling shareholder Datuk Dr Mohd Karim Abdullah who holds a 47.5% stake.

June 17, 2021 |Dagang News

SHAH ALAM 17 Jun - Sarawak Consolidated Industries Bhd. (SCIB) menjelaskan urusan harian syarikat dilaksanakan secara autonomi oleh pengurusan kanannya mengikut garis panduan sedia tadbir urus korporat.

Pengarah Urusan dan Ketua Pegawai Eksekusif SCIB, Rosland Othman berkata, walaupun dikaitkan dengan isu Serba Dinamik melalui pemegangan sahamnya iaitu Dato' Dr Mohd Abdul Karim Abdullah, SCIB beroperasi secara berasingan dan autonomi.

May 18, 2021 |The Edge Markets

KUALA LUMPUR (May 18): Sarawak Consolidated Industries Bhd's wholly-owned subsidiary SCIB Properties Sdn Bhd has secured an estimated RM120 million contract to build high-rise residential units within Sering district in Kota Bharu, Kelantan under the PR1MA Corp Malaysia affordable homes scheme.

In a statement to Bursa Malaysia today, Sarawak Consolidated said SCIB Properties had on Wednesday (May 12) accepted the letter of award and acceptance for the engineering, procurement, construction and commissioning contract from AUEI Teras Holdings Sdn Bhd.

April 13, 2021 |The Edge Markets

INTEGRATED civil construction service provider Sarawak Consolidated Industries Bhd (SCIB) plans to undertake another private placement to raise fresh funds to support its upcoming projects, nine months after it closed a RM66.89 million private placement.

“Yes, we are currently embarking on a fundraising exercise. We are working on a private placement and finalising some of the terms with our investment banker. Hopefully, they will be finalised within a month or two,” SCIB group managing director and CEO Rosland Othman told a webinar organised by Rakuten Trade on March 23.

March 15 2021 |The Edge Markets

KUALA LUMPUR (March 15): Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) job worth approximately RM135 million in Muallim, Perak.

The group said its wholly-owned subsidiary SCIB Properties Sdn Bhd has accepted a letter of award and acceptance for the development of Malaysia civil servants housing program (PPAM), according to a bourse filing today.

February 26, 2021 |Bernama

KUALA LUMPUR, Feb 26 -- Sarawak Consolidated Industries Bhd’s (SCIB) net profit jumped to RM52.17 million in its financial year ended Dec 31, 2020 (FY20) from RM3.15 million in FY19.

Revenue for FY20 appreciated by 499.69 per cent to RM516.02 million from RM86.05 million year-on-year, as the construction and engineering, procurement, construction, and commissioning (EPCC) segment being the biggest revenue contributor to the group at RM449.9 million.

February 09, 2021 |The Edge Markets

KUALA LUMPUR (Feb 9): Sarawak Consolidated Industries Bhd (SCIB) and its unit have bagged contracts worth RM821.32 million in Malaysia and Qatar for engineering, procurement, construction and commissioning (EPCC) projects.

In a bourse filing today, the company said it has received a letter of award and acceptance (LOA) for an EPCC project in Kuching, Sarawak worth RM421.97 million for the proposed mixed development of Lot 6036 Block 26 Muara Tuang Land District and part of River Bank reserve.

February 06, 2021 |The Star

Sarawak Consolidated Industries Bhd (SCIB), which had recently become a billion ringgit market capitalisation company, is aiming to double its size in the next 12 months.

The construction outfit, which is controlled by Datuk Mohd Karim Abdullah, (pic) is eyeing to take up bigger roles that include bidding for bigger infrastructure projects, embarking on mergers and acquisitions (M&As), as well as becoming project owners.