Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
PROPOSED CAPITALISATION OF AN AGGREGATE AMOUNT OF RM11,301,266.80 DEBT OWING TO GOH HARDWARE & CONSTRUCTION SDN BHD (“GOH HARDWARE” OR “CREDITOR”) BY SCIB PROPERTIES SDN BHD (“SCIB PROPERTIES”), A WHOLLY OWNED SUBSIDIARY OF SARAWAK CONSOLIDATED INDUSTRIES BERHAD (“SCIB”) VIA THE ISSUANCE OF 18,496,345 NEW ORDINARY SHARES IN SCIB (“SHARES” OR “SCIB SHARES”) (“CAPITALISATION SHARES”) AT AN ISSUE PRICE OF RM0.6110 PER CAPITALISATION SHARE (“ISSUE PRICE”) (“PROPOSED CAPITALISATION”)