Sarawak Consolidated Industries Berhad informed that its subsidiary has entered into a comprehensive settlement cum appointment of contractor agreement with AWANA.
This new agreement it said resolves previous contractual and financial disagreements, and appoints SCIBP as the exclusive Main Contractor for the Cadangan Skim Perumahan Projek Penjawat Awam project.
Mr. Ku Chong Hong, Managing Director of SCIB, commented on the agreement: “This settlement and new appointment mark a significant milestone for SCIB. Not only does it solidify our financial receivables, but it also reinstates our subsidiary’s role in a major project that promises substantial contributions to our portfolio. We are optimistic about this renewed partnership with AWANA and confident in our ability to execute the PPAM Muallim project to the utmost quality.”
