SCIB bags EPCC contract worth RM30.8m

KUALA LUMPUR (June 7): 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.