No 0.10 cents I no buy 🤣🤞

0.235 still expensive…I’m awaiting 0.10 and below ⬇️🤣🤣🤣🤞

Waiting at 0.10 cents 🤣🤣🤣

SCIB = Susah Cakap Ini Bursa 🤣🤣🤣

Unity Government! Madani Government! Malaysia 🇲🇾 Boleh‼️

Sarawak Consolidated Industries Bhd is in talks with the Land and Survey department of Sarawak for the potential acquisition of 22 acres of land.

PMX, “I’m very convincing…”

The whole market down…red 🫣🤡

Work the talk not talk talk talk in the press statement only…many in this forum are good in talking only..

Realrich definitely has the potential to become MD of SCIB with brilliant minds 🤣🤣🤣

Hostuff you also can be one of the Director of SCIB because full of compassion to the shareholders not like others pretending to be concerned to shareholders 🤣🤣🤣

Company making money, secured new project worth 300 millions but plunged/LD 2 consecutive days 🤣🤣🤣 that’s so weird/funny but real.
What happened to this company? No bad news besides a bundle of good news but why this happened 🧐🧐🧐 …management has no idea of it 🧐 🤣🤣🤣 a big joke of the year!!!

What type of action take by the management of SCIB right now? Just sitting and having a cup of coffee or doing something to solve the problems? Just wondering 🧐

prince4 can follow RJ87 to become Director in SCIB to form new management team 🤣🤣🤣

WoW getting more experienced people appearing here.. I admire them with fabulous comments and they are better than SCIB management team with brilliant ideas/opinions/suggestions…should be appointed to replace the present management and leadership 🤣🤣🤣

MD Mr Ku please read RJ87 comments is that right? If right then lets RJ87 become MD of SCIB will be more better because he’s more experienced, capable and full of knowledge than you and your management team 🤣🤣🤣

MD Mr Ku good morning!!! How is SCIB today and which direction is the company going to take?? How’s u n team going to handle this?

Got money to hold ok…those contra will be suffering

If just talking only we all here have many talented people 🤣🤣🤣

Let’s see the Directors work the talk or talking only…🧐🧐🧐

zozai missed the rally before and now no money to buy even cheap tickets a lot 🤣🤣🤣

Just look at our PMX now…before he was a prisoner (accused/trapped by the crooks of people) now God raise him up to be our best leader of Malaysia 🇲🇾 attracting and securing many international investors to invest in Malaysia 🇲🇾 to boost our economy just similar to the new management team of SCIB proven their commitment, ability, capability by taking the company to the profitable side by earning PAT 0.9 million for last qr. More to come and more good news coming and more profits will be declared in future 😎🤞

RJ87 u never appeared here when the price surged from 0.145 to 1.20 where have you been??? Hiding and peeping from pigs pen! If u r so good u already a billionaire sitting at home and watching movies with your dogs 🐶

The shares prices will back to its previous high 1.20 soon and believing it will up some more due to newly secured project worth 97.7 millions 😎🤞💰💥

2 consecutive LD without reason and dragging all the panicked people starting selling off their shares on speculative news making the shares plunged 60% besides the company just secured 97.7 millions new project to be implemented soon 😎…see nothing bad about the company but the irresponsible group of people causing the problem for all the shareholders 🧐😎

Managing Director Mr Ku after his press statement today he will ensure every unusual activity back to normal and he won’t let our Premier Sarawak Abg Jo loose face on this LD of Sarawak based shares keep on going after 2 consecutive days LD😎🤞

The coming qr will be fabulous and the shares price definitely shoot up ⬆️✅ 😎🤞

22 acres of state land to be acquired by SCIB soon for the expansion of production of the company. This will boost the production to meet the demand of the incoming project and future development 😎🤞💥

We believe MD Mr Ku press statement and we trust him for his commitment and assurance to curb speculation activities in SCIB and make sure the interest of shareholders are well persevered.

“The company had on Jan 4, 2024 received the letter of offer from the Land and Survey Department of Sarawak to acquire some parcels of land measuring approximately 22 acres in size for the purpose of expanding the production capacity of the group.

“The management is in the midst of discussion and considering the acceptance of this proposal. The Board believes that it would be more appropriate to release announcement(s) to Bursa Securities once the decision is made,” it stated.

SCIB mengakui turun naik harga saham baru-baru ini tetapi menekankan bahawa pergerakan ini dipacu pasaran dan di luar kawalan syarikat.

Dalam mengesahkan komitmen Syarikat terhadap ketelusan dan nilai pemegang saham, SCIB menyerlahkan pencapaian terkini yang menggariskan trajektori perniagaan yang teguh. Terutama, ini termasuk mendapatkan kontrak EPCC bernilai RM97.7 juta untuk projek Universiti Malaysia Kelantan, menandatangani MOU kritikal untuk projek perumahan RM250.0 juta di Bintulu dengan Kemena City Development Sdn. Bhd. dan Smart Borneo Properties Sdn Bhd, dan memperoleh kontrak RM16.8 juta untuk Projek Pembinaan Pangkalan Pasukan Gerakan Udara PDRM Sarawak. Pencapaian penting ini menunjukkan kepelbagaian keupayaan SCIB dan pertumbuhan strategik dalam pelbagai sektor utama.

MD Mr Ku very confident that he and the management team will handle market speculation in SCIB these few days with very convincing statements to all shareholders 😎🤞let’s wait and see tomorrow onwards they walk the talk or otherwise 😎

This is present now supposedly for SCIB 👌

SCIB secured 365 millions for 3 projects almost similar to Edaran which share prices 1.30 -1.50…so now the shares only 0.53 cents very far from the exact value!! Supposedly now already 1.50 💰💥

SCIB secured 365 millions for 3 projects almost similar to Edaran which share prices 1.30 -1.50…so now the shares only 0.53 cents very far from the exact value!! Supposedly now already 1.50 💰💥

SCIB Addresses Market Speculations, Reinforces Ongoing Business Stability and Future Growth
SCIB Assures Normal Operations Amid Market-Driven Share Price Movements



KUCHING, SARAWAK, 17 JANUARY 2024 – Industrialised building systems specialist, Sarawak Consolidated Industries Berhad ("SCIB" or the "Company"), in response to the Unusual Market Activity (UMA) query from Bursa Malaysia regarding the trading activity, wishes to clarify where the current operational status and outlook. SCIB assures to the stakeholders that the Company is operating as normal and remains focused on the Company’s strategic objectives and growth plans.

SCIB acknowledges the recent fluctuations in share price but emphasises that these movements are market-driven and outside the company's control.

In reaffirming the Company’s commitment to transparency and shareholder value, SCIB highlights the recent achievements that underscore a robust business trajectory. Notably, these include securing a RM97.7 million EPCC contract for the University Malaysia Kelantan project, signing a critical MOU for a RM250.0 million housing project in Bintulu with Kemena City Development Sdn. Bhd. and Smart Borneo Properties Sdn Bhd, and acquiring a RM16.8 million contract for the Projek Pembinaan Pangkalan Pasukan Gerakan Udara PDRM Sarawak. These significant milestones exemplify SCIB's diverse capabilities and strategic growth in various key sectors.




Ku Chong Hong, Group Managing Director of SCIB


Mr. Ku Chong Hong, Group Managing Director of SCIB commented: “As a publicly-traded entity, we recognise that share price volatility can occur due to various market factors. SCIB does not have any influence over its share price movements and is not aware of any specific reasons for the recent trading activity. However, it's important to note that SCIB has turned profitable in the latest financial quarter, reflecting the effectiveness of our strategic initiatives and operational efficiencies.”

He added, “SCIB is steadfast in executing its strategic plan, as evidenced by our recent project wins and ongoing corporate activities. Our focus remains on delivering excellence in our projects, maintaining financial discipline, and pursuing growth opportunities that align with our core strengths. This commitment to our strategic direction is fundamental to our continued profitability and long-term success.”

Looking ahead, SCIB is optimistic about the Company’s prospects and business pipeline. SCIB continues to actively explore new ventures and collaborations that complement the Group’s existing portfolio. With a solid track record and a clear strategic direction, SCIB is well-positioned to capitalise on market opportunities and deliver sustainable value to shareholders and stakeholders.

SCIB appreciates the continued support from the Company’s investors and stakeholders and is committed to providing regular updates on the latest progress and developments.

SCIB Tangani Spekulasi Pasaran, Memperkukuh Kestabilan Perniagaan Berterusan dan Pertumbuhan Masa Depan

The above press release from MD of SCIB Mr Ku..

Just wanna to ask him and his management team how to tangani/handle market speculation if u all unable to control the share from keeping limit down for 2 consecutive days causing panic of all shareholders?? Please we don’t want to only listen to the talk but walk the talk to prove your capabilities and professionalism in handling the company as claimed by your press statement all this while ‼️👌

Took one year to climb from 0.145 to 1.20 but only 2-3 days plunged back to beginning of last year price 0.20 🤣🤣🤣 the best magical performance ever 🤣🤣🤣🤡

SCIB causing Sarawak so ashamed and loose face lorrr like this 😝😶

SCIB just closed down and sell fried bananas 🍌 at the roadside better owned and secured hundreds millions of projects 🤣🤣🤣

History if back to 0.15 from 1.20 🤣🤣🤣 Malaysia 🇲🇾 Book of Record

All intact time to skyrocketing 💥💥💥🚀🚀🚀

TP : 1.50 and above ⬆️✅🤣🤣🤣😎🤞💰💰💰💥💥💥

LU and back to the original price 1.20 plus 97.7 millions recently secured and follow by another limit up ⬆️💰💰💰✅😎🤞🤌

Future 22 acres of land to be acquired by SCIB for expansion of production 😎🤞⬆️✅💰💰💰💥💥💥

Hahaha 🤣 🤣🤣 Limit Up coming ‼️ no bad news besides all good news millions projects secured 🤣🤣🤣

Selling activities only…normal la…good news is intact millions projects in hand so best of the best for SCIB bravos 💪💪💪⬆️✅😎🤞💰💥

last but not least SCIB good ⬆️✅😎🤞

Sarawak no bad news…Premier Sarawak good…PMX good…Unity Government good so ⬆️⬆️⬆️💰💰💰✅✅✅😎🤞

Good news has been announced and LU is going to be taking place ⬆️✅😎🤞💰💥

40 m sellers are the contra players on force selling 🤣🤣🤣