The Board of Directors of Sarawak Consolidated Industries Berhad (“SCIB” or “Company”) wishes to announce that SCIB Development Sdn. Bhd. (“SCIBD” or “Developer”), a wholly-owned subsidiary of SCIB, had on 6 January 2026 entered into a Development Agreement (“Agreement”) with the registered proprietors of Lot 88 Kemena Land District (“Lot 88 Landowners”) to jointly undertake a property development project (“Project”). 

Please refer to the attachment for further details of the Agreement.

This announcement is dated 6 January 2026.