KUALA LUMPUR: Sarawak Consolidated Industries Bhd
said it was awarded an engineering, procurement, construction and commissioning (EPCC) contract for a waste treatment plant in Pekan Nenas, Pontian in Johor.
The EPCC contract was awarded by Satria Kasturi Sdn Bhd.
Work was expected to take 96 weeks to complete, starting from Oct 1 until Aug 4, 2023, according to a filing with Bursa Malaysia today.
“The formal agreement for the above mentioned contract shall be executed in due course,” SCIB said.
It said the project was expected to contribute positively to its future earnings.
“Any profits attributable to the Group would be realized in stages over the tenure of the contract based on the progress of the project,” SCIB said.
