KUALA LUMPUR (May 29): Sarawak Consolidated Industries Bhd (KL:SCIB) has appointed 36-year-old Michael Tan Thian Zhi as the industrialised building systems player’s new chief executive officer, effective immediately.

In tandem, Ku Chong Hong has been redesignated from the group managing director/CEO to group managing director, according to SCIB in a bourse filing on Friday.

Ku, 38, has held the dual post since June 2023.

Meanwhile, executive chairman Datuk Chong Loong Men, 47, has been redesignated as the non-executive chairman, said SCIB.

The group said Tan, the new CEO, began his career as a geotechnical engineer with Borneo Highway PDP Sdn Bhd, the project delivery partner for the Pan Borneo Highway Sabah.

“Subsequently, he advanced into leadership positions within established contractor companies specialising in government infrastructure and construction projects.

“In these roles, he has been responsible for strategic planning, operational leadership, and business development initiatives,” SCIB added.

Meanwhile, the group logged a net profit of RM360,000 for the first quarter ended March 31, 2026, on a revenue of RM59.3 million. No comparative figures were available as the group changed its financial year end to end-December from end-October in September last year.

Shares of SCIB ended unchanged at 13.5 sen on Friday, valuing the group at RM95.97 million.