News about Sarawak

“This new development will reinforce SCIB’s financial stability and robustness and pave the way for future growth opportunities, thus creating long-term shareholder value.

The departure of independent and non-executive directors Mohd Shakir Shahimi, Nuraiman Shaiful Annuar and Noor Azri Noor Azerai was announced by SCIB two days prior to the EGM on Wednesday (June 28), which is convened to vote on the removal of the three board members.

“We had offers and ready opportunities in Kota Kinabalu, Melbourne and Maldives, but we wanted Sarawak because there is so much going for it – its growth and optimistic possibilities.

The stronger quarterly result has also pushed its annual profit in FY2022 to RM298.

ADSB will design and build the houses within three years from the date of formal approval of the project by the state planning authority.

SCIB managing director Rosland Othman said there are no penalties or liquidated ascertained damages to SCIBILL over the termination of the project.

The group had in 2014 disposed of the 54.

The group had issued a letter of withdrawal to Kencana Healthcare Sdn Bhd, and it was accepted on Thursday (Jan 26), said SCIB in a statement on Friday.

KUALA LUMPUR (June 8): Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.

KUALA LUMPUR (June 3): IOI Corporation Bhd said its joint venture in Sarawak, IOI Pelita Plantation, has signed a landmark final settlement agreement with eight local communities, ending a decades-long land dispute.