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PROVISION OF FINANCIAL ASSISTANCE

SARAWAK CONSOLIDATED INDUSTRIES BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR "THE COMPANY") QUARTERLY DISCLOSURE ON THE PROVISION OF FINANCIAL ASSISTANCE

Reference is made to the Company’s announcement dated 15 April 2024 pertaining to the  Settlement cum Appointment of Contractor Agreement between Awana JV Suria Saga Sdn Bhd (Registration No.: 201601020432 (1191370-X)) (“Proprietor/Developer”) and the Company’s wholly-owned subsidiary, SCIB Properties Sdn. Bhd. (Registration No.: 200101019135 (544892-V)) (“SCIBP”) (Main Contractor) in relation to Engineering, Procurement, Construction and Commissioning (“EPCC”) contract awarded to SCIBP.

 

The Board of Directors of SCIB wishes to announce that pursuant to Paragraph 8.23(1) and Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the aggregate amount of financial assistance provided during the quarter ended 31 March 2024 to facilitate the ordinary course of business of the Company and the Group (“SCIB Group”) is set out in the attachment below.

 

This announcement is dated 29 May 2024.




Please refer attachment below.



Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 29 May 2024
Category General Announcement for PLC
Reference Number GA1-27052024-00057



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