SCIB jumps 34.15% in early trade


KUALA LUMPUR: Shares of Sarawak Consolidated Industries Bhd (SCIB), which resumed its buying and selling right now, jumped 34.15 per cent in the early trade right now following the announcement of its enterprise progress in Malaysia and regionally, in addition to the issuance of its Annual Report 2021.

At 10.35am, SCIB was traded seven sen larger at 27.5 sen, with 75.42 million shares altering arms.

In an announcement on Monday, the group stated it had issued its Annual Report 2021, which incorporates the annual audited monetary statements, along with the administrators’ studies for the collected 18 months of the monetary interval ended June 30, 2021.

The group stated it could be specializing in creating worth and optimising its efficiency for the yr forward on the concessions of roadwork upkeep tasks throughout Malaysia, housing improvement tasks, together with PR1MA contracts, and water remedy plant tasks.

SCIB has an current order e book of RM1.2 billion. – Bernama

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