KUALA LUMPUR (June 8): Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.75 million.  

In a bourse filing on Tuesday (June 7), the firm said its unit SCIB Properties Sdn Bhd had received a contract from Ennova Sdn Bhd to provide project engineering services for Kuala Lumpur City Hall's (DBKL) integrated smart lamp pole replacement within the Klang Valley, involving 200 units of poles (monopoles).

The contract duration is from June 2022 to May 2023.

SCIB said the contract is expected to contribute positively to its future earnings.

SCIB was unchanged at 22.5 sen, with 1.59 million shares traded, at the midday break on Tuesday.

 

SHARE
SPONSORED CONTENT
ECERDC championing East Coast transformation—from exotic charms to economic pivots

Under a collective banner branded as the East Coast Economic Region (ECER), the states of Kelantan, Terengganu, Pahang, and Mersing and Segamat in Johor are becoming a driving force in strengthening the country’s industrial base to attract high-value investments.

read more
RELATED POSTS
  1. BNM keeps key interest rate at 2.75% as widely expected
  2. Preferential withholding tax on REIT dividends likely to be renewed, says Kenanga
  3. Mah Sing’s fully sold M Astra gets 89% QLASSIC score