SCIB.KL

SCIB Concludes 46th AGM Successfully

Retrieved on: 
Thursday, December 8, 2022

KUCHING, MALAYSIA, Dec 8, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) held the Company's 46th AGM virtually today in which shareholders voted to reappoint NEXIA SSY PLT as the auditor and authorised the directors to fix its remuneration.

Key Points: 
  • KUCHING, MALAYSIA, Dec 8, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) held the Company's 46th AGM virtually today in which shareholders voted to reappoint NEXIA SSY PLT as the auditor and authorised the directors to fix its remuneration.
  • Group Managing Director of SCIB, Encik Rosland bin Othman, said, "We are happy to engage with our shareholders virtually in the AGM today and answer their questions.
  • Mohd Abdul Karim and Datu Haji Abdul Hadi for their years of leadership and dedication to SCIB."
  • As of 30 November 2022, SCIB has an order book of RM564.7 million with earnings visibility until 2026.

SCIB Posts 14.5% Increase in Revenue to RM30.3 Million in 1Q FY2023

Retrieved on: 
Wednesday, November 30, 2022

On a segmental basis, revenue contribution from manufacturing increased 26.8% to RM24.2 million in 1Q FY2023 compared with RM19.1 million in the corresponding quarter of the previous financial year while revenue contribution from the engineering, procurement, construction and commissioning (EPCC) business decreased 16.9% to RM6.2 million from RM7.4 million.

Key Points: 
  • On a segmental basis, revenue contribution from manufacturing increased 26.8% to RM24.2 million in 1Q FY2023 compared with RM19.1 million in the corresponding quarter of the previous financial year while revenue contribution from the engineering, procurement, construction and commissioning (EPCC) business decreased 16.9% to RM6.2 million from RM7.4 million.
  • Group Managing Director of SCIB, Encik Rosland bin Othman, said, "The manufacturing business continues to be the mainstay in the quarter under review.
  • The Company also announced separately on the stock exchange that SCIB and its wholly-owned subsidiaries, SCIB International (Labuan) Ltd., SCIB Properties Sdn.
  • As of 30 November 2022, SCIB has an order book of RM564.7 million with earnings visibility until 2026.

SCIB Announces Changes at Board Level

Retrieved on: 
Tuesday, October 25, 2022

"We welcome Encik Shamsul Anuar as our new Chairman and look forward to working with him to grow SCIB.

Key Points: 
  • "We welcome Encik Shamsul Anuar as our new Chairman and look forward to working with him to grow SCIB.
  • His experience in state-owned enterprises will be invaluable to us," Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said.
  • Encik Shamsul Anuar, a fellow of the Association of Chartered Certified Accountants and member of the Malaysian Institute of Accountants, was first appointed to the board of the Company on 1 September 2015.
  • He is a member of SCIB's Audit Committee and Remuneration & Nomination Committee as well as Chairman of the Risk Management Committee.

SCIB Unveils Sample IBS House Built with 3D Technology

Retrieved on: 
Tuesday, October 4, 2022

KUCHING, MALAYSIA, Oct 4, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad's (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist.

Key Points: 
  • KUCHING, MALAYSIA, Oct 4, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad's (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist.
  • SIBS is principally involved in the supply and installation of IBS components as well as owns the 3D-printing machinery that produces IBS components.
  • The construction of the IBS sample house using 3D technology has given us invaluable knowledge and experience that will help to facilitate the development of training programmes that we hope to offer to workers in the construction industry who want to enhance their skills and knowledge."
  • The deployment of technology such as 3D printing comes at a time when businesses are being scrutinised for the impact of their operations on the environment and society.

Sarawak Consolidated Industries Berhad Appoints Directors

Retrieved on: 
Thursday, September 15, 2022

KUCHING, MALAYSIA, Sept 15, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is pleased to announce the redesignation of Mr. Ku Chong Hong as Executive Director and the appointments of En.

Key Points: 
  • KUCHING, MALAYSIA, Sept 15, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is pleased to announce the redesignation of Mr. Ku Chong Hong as Executive Director and the appointments of En.
  • Nuraiman Shaiful bin Annuar as Independent Non-Executive Directors (INED), effective today.
  • Sarawak Consolidated Industries Berhad (SCIB) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad.
  • Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.

Sarawak Consolidated Industries Berhad Posts RM26.2 Million Revenue in 4Q

Retrieved on: 
Friday, August 26, 2022

KUCHING, MALAYSIA, Aug 26, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company recorded revenue of RM26.2 million for the fourth quarter ended 30 June 2022 mainly due to higher sales volume of foundation piles from the manufacturing division.

Key Points: 
  • KUCHING, MALAYSIA, Aug 26, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company recorded revenue of RM26.2 million for the fourth quarter ended 30 June 2022 mainly due to higher sales volume of foundation piles from the manufacturing division.
  • For the financial year ended 30 June 2022, the Company registered revenue of RM128.4 million and a LBT of RM52.0 million.
  • SCIB will continue to seek projects in Sabah and Sarawak in which RM5.2 billion and RM4.6 billion were allocated respectively under Budget 2022.
  • As of 30 June 2022, SCIB has an order book of RM1.52 billion with earnings visibility until 2026.

Sarawak Consolidated Industries Berhad Signs MoU for Indonesian 4G Telco Tower Project

Retrieved on: 
Wednesday, August 3, 2022

KUCHING, MALAYSIA, Aug 3, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) has entered into a Memorandum of Understanding (MoU) with PT.

Key Points: 
  • KUCHING, MALAYSIA, Aug 3, 2022 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) has entered into a Memorandum of Understanding (MoU) with PT.
  • Envy Manajemen Konsultansi (EMK) to explore the formation of a partnership in relation to the construction of 4G telecommunications towers for Indonesia's outermost regions.
  • Under the MoU, SCIB will anchor the formation of the partnership as well as providing the corporate management setup.
  • EMK, which is involved in business advisory, consultation, project management and other corporate management activities, will provide project management services through operational and technical supervision.

Sarawak Consolidated Industries Berhad Welcomes New Batch of Trainees for Industrial Training

Retrieved on: 
Wednesday, June 15, 2022

KUCHING, MALAYSIA, June 15, 2022 - (ACN Newswire) - Sarawak Consolidated Industries Berhad (SCIB), a civil engineering specialist, is pleased to welcome a new batch of trainees from Institut Latihan Perindustrian Kota Samarahan (ILPKS), Sarawak, to the Company for physical training as part of the industrial training programme in their final year.

Key Points: 
  • KUCHING, MALAYSIA, June 15, 2022 - (ACN Newswire) - Sarawak Consolidated Industries Berhad (SCIB), a civil engineering specialist, is pleased to welcome a new batch of trainees from Institut Latihan Perindustrian Kota Samarahan (ILPKS), Sarawak, to the Company for physical training as part of the industrial training programme in their final year.
  • The trainees were accepted into the programme following a Memorandum of Understanding (MoU) signed between the SCIB and ILP Kota Samarahan in October 2020.
  • The MoU gives opportunities for industrial students to undergo training; offers industrial instructors places for industrial attachment training; offer job opportunities to qualified Institut Latihan Jabatan Tenaga Manusia graduates and offers short-term courses to SCIB employees who want to upgrade their skills.
  • "We provide them with a platform to learn and grow, thus giving them better understanding of their craft and the industry.

Sarawak Consolidated Industries Berhad Provides Further Clarification on LOA from Ennova

Retrieved on: 
Monday, June 13, 2022

Ennova is to bear all construction cost of the poles, including the rental of each erected pole in accordance with the agreed rental price between it and DBKL.

Key Points: 
  • Ennova is to bear all construction cost of the poles, including the rental of each erected pole in accordance with the agreed rental price between it and DBKL.
  • "We are unaware of any funding or financing arrangement for the contract by DBKL.
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