SCIB

0.115

-0.01 (-8%)

OTHERS CANCELLATION OF TERM FINANCING-I ("TF-I"") FACILITIES GRANTED BY MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE BERHAD TO SCIB CONCRETE MANUFACTURING SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SARAWAK CONSOLIDATED INDUSTRIES BERHAD

SARAWAK CONSOLIDATED INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
CANCELLATION OF TERM FINANCING-I ("TF-I"") FACILITIES GRANTED BY MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE BERHAD TO SCIB CONCRETE MANUFACTURING SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SARAWAK CONSOLIDATED INDUSTRIES BERHAD

Reference is made to the announcement made by Sarawak Consolidated Industries Berhad (“SCIB” or “the Company”) on 28 April 2025 in relation to the acceptance of the Term Financing-i Facilities of up to the aggregate sum of Ringgit Malaysia Forty-Nine Million (RM49,000,000) only ("Facilities") under the Soft Financing Scheme For Automation and Modernisation granted by Malaysian Industrial Development Finance Berhad (“MIDF”) to SCIB Concrete Manufacturing Sdn. Bhd. [Registration No.: 200101019131 (554888-U)] (“SCM”) an indirect wholly-owned subsidiary of SCIB. 

 

The Board of Directors of SCIB (“Board”) wishes to announce that SCM had, on 19 January 2026, issued a Notice of Cancellation (“Notice”) to MIDF to cancel the Facilities, and the Company had on 3 February 2026 received a confirmation letter from MIDF dated 29 January 2026 agreeing to the cancellation of the Facilities ("Cancellation").

 

Full details of the Cancellation attached below.


This announcement is dated 3 February 2026.

 

 




Please refer attachment below.



Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 03 Feb 2026
Category General Announcement for PLC
Reference Number GA1-03022026-00070