Building Excellence Since 1975:
Where Experience Meets Innovation in Construction

KUCHING – Sarawak Consolidated Industries Bhd (SCIB), pemain dalam bidang pembinaan serta kejuruteraan, perolehan, pembinaan dan pentauliahan (EPCC), mengumumkan kejayaan penganjuran Mesyuarat Agung Tahunan (AGM) ke-49 hari ini. Dalam mesyuarat berkenaan, pemegang saham memberikan mandat penuh apabila meluluskan semua resolusi yang dibentangkan oleh pihak pengurusan syarikat. Sokongan itu mencerminkan keyakinan berterusan pelabur terhadap Lembaga Pengarah SCIB serta keberkesanan rangka kerja tadbir urus korporat yang diamalkan. Keputusan berkenaan turut menunjukkan sokongan padu terhadap usaha penjajaran semula strategi syarikat, apabila SCIB kini memperkukuh fokus kepada segmen pembinaan dan EPCC susulan perkembangan korporat terkini. Antara ketetapan yang diluluskan termasuk pembayaran yuran pengarah bagi tempoh bermula 1 Januari 2026 sehingga Mesyuarat Agung Tahunan seterusnya pada 2027. Pemegang saham turut sebulat suara meluluskan pemilihan semula beberapa individu penting iaitu Ku Chong Hong, Datuk Chong Loong Men, Leow Wey Seng, Tan Li Peng dan Ling Chi Hoong sebagai Pengarah syarikat. Bagi memastikan ketelusan pelaporan kewangan, mesyuarat itu turut meluluskan pelantikan semula Tetuan Kreston John & Gan sebagai juruaudit syarikat, selain memberi kuasa kepada pengarah untuk menetapkan imbuhan mereka. Pemegang saham turut memberikan lampu hijau kepada pengarah untuk menerbitkan dan memperuntukkan saham baharu sehingga 10 peratus daripada jumlah saham SCIB yang diterbitkan, menurut Seksyen 75 dan 76 Akta Syarikat 2016. Mandat peluasan ekuiti berkenaan memberi fleksibiliti kepada syarikat untuk memenuhi keperluan pembiayaan masa hadapan, modal kerja, pelaburan projek atau pengambilalihan yang selari dengan strategi perniagaan. Pengerusi Bukan Bebas Bukan Eksekutif SCIB, Loong Men, menzahirkan penghargaan atas kepercayaan pemegang saham dan menyifatkan kelulusan semua resolusi itu sebagai asas kukuh untuk syarikat terus berkembang. “Berikutan selesainya latihan korporat utama dan peralihan berterusan kumpulan, tumpuan kami kekal pada membina semula momentum projek, meningkatkan fleksibiliti kewangan dan mengejar peluang yang boleh menyumbang kepada penciptaan nilai jangka panjang yang mampan,” katanya dalam kenyataan rasmi. Melangkah ke fasa seterusnya, SCIB kini berada pada kedudukan lebih kukuh untuk mengharungi pemulihan operasi serta menyertai peluang prasarana di seluruh Malaysia, khususnya di Sarawak dan Sabah.

KUALA LUMPUR (May 29): Sarawak Consolidated Industries Bhd (KL:SCIB) has appointed 36-year-old Michael Tan Thian Zhi as the industrialised building systems player’s new chief executive officer, effective immediately. In tandem, Ku Chong Hong has been redesignated from the group managing director/CEO to group managing director, according to SCIB in a bourse filing on Friday. Ku, 38, has held the dual post since June 2023. Meanwhile, executive chairman Datuk Chong Loong Men, 47, has been redesignated as the non-executive chairman, said SCIB. The group said Tan, the new CEO, began his career as a geotechnical engineer with Borneo Highway PDP Sdn Bhd, the project delivery partner for the Pan Borneo Highway Sabah. “Subsequently, he advanced into leadership positions within established contractor companies specialising in government infrastructure and construction projects. “In these roles, he has been responsible for strategic planning, operational leadership, and business development initiatives,” SCIB added. Meanwhile, the group logged a net profit of RM360,000 for the first quarter ended March 31, 2026, on a revenue of RM59.3 million. No comparative figures were available as the group changed its financial year end to end-December from end-October in September last year. Shares of SCIB ended unchanged at 13.5 sen on Friday, valuing the group at RM95.97 million.

KUALA LUMPUR (May 22): Sarawak Consolidated Industries Bhd (KL:SCIB) has aborted a proposed rights issue following the completion of the disposal of its manufacturing arm for RM113 million. In a filing with Bursa Malaysia on Friday, the group said it has completed the disposal of its wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM) to YTL Cement (Sarawak) Sdn Bhd, an indirect subsidiary of YTL Corp Bhd (KL:YTL). With SCM ceasing to be part of the group, SCIB said the intended use of proceeds from the rights issue — mainly for the manufacturing business of SCM — is no longer relevant. As such, the group will not proceed with the exercise. SCIB had proposed the rights issue, on the basis of one new share and one warrant for every one share held, on June 26 last year. The proceeds of up to RM53.45 million were earmarked for the construction of a new factory, purchase of machinery and repayment of bank borrowings. On Friday, SCIB said the disposal of SCM is part of its strategy to unlock value from the manufacturing business and refocus resources on its remaining construction and engineering, procurement, construction and commissioning (EPCC) activities. The group said it will reassess its operating structure and funding requirements and may consider a revised rights issue with warrants at a later date, subject to a fresh application to Bursa Malaysia Securities. “Our priority is to ensure that any future capital exercise is properly aligned with SCIB’s operational needs, financial position and long-term strategic direction,” executive chairman Datuk Chong Loong Men said in a statement. He added that the disposal would allow the group to unlock value from its manufacturing business and land bank, while strengthening its financial position to pursue larger and more sustainable opportunities in the construction and EPCC space. Separately, SCIB also announced the appointment of Ben Huang Vui Bing as its new chief operating officer. Huang, 38, has more than 13 years of experience in civil and structural engineering, project execution and construction management. The company said he will play a key role in overseeing operational execution, project delivery and construction management capabilities. SCIB shares fell half a sen, or 4%, to 12 sen on Friday, giving the group a market capitalisation of RM88.5 million.