<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 10): Sarawak Consolidated Industries Bhd (SCIB) via its wholly-owned subsidiary SCIB Infraworks Sdn Bhd has clinched an engineering, procurement, construction and commissioning (EPCC) contract worth RM16.28 million from Satria Kasturi (M) Sdn Bhd.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing today, the group said the contract spans 96 weeks from October 2021 until August 2023 and it entails the development of a solid waste transfer station in Pontian, Johor.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“The contract secured will not have any effect on the issued share capital and the shareholdings of substantial shareholders of the company.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The contract secured is expected to contribute positively to SCIB group’s future earnings over the duration of the contract,” it said.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>According to the group’s website, SCIB manufactures and sells precast concrete, pipes, prestressed spun concrete piles and other related concrete products.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>It is also engaged in property dealing and trading, and installation of industrialised building systems.</p></div>

<div class=newsTextDataWrapInner><p>Shares in SCIB settled two sen or 3.39% lower to 57 sen, giving it a market capitalisation of RM285.8 million.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Year to date, the stock has fallen by 58.39% from a peak of RM2.99 reported in January.&nbsp;</p></div>


Sarawak Consolidated Industries Bhd (SCIB) via its wholly-owned subsidiary SCIB Infraworks Sdn Bhd has clinched an engineering, procurement, construction and commissioning (EPCC) contract worth RM16.28 million from Satria Kasturi (M) Sdn Bhd.

SCIB clinches RM16.28m EPCC contract in Johor

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<p>（吉隆坡22日讯）联昌国际证券表示，由于成交量下跌及开销增加，预计大马交易所（Bursa Malaysia Bhd）（KL:BURSA）第三季净利将按季下降。</p>


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<p>The initial public offering (IPO) of Tokyo Metro, which runs an extensive network of underground train services in the world’s most-populous metropolitan area, raised ¥348.6 billion (US$2.3 billion or RM10.0 billion) as investors were attracted by its reputation for safety and reliability. The sale is a key gauge of appetite for Japanese shares just days before a crucial&nbsp;election&nbsp;that may shape expectations for further interest-rate rises.</p>
