Sarawak Consolidated Industries Bhd (SCIB) confirmed that the legal suit involving its wholly owned subsidiary, SCIB Properties Sdn Bhd (SCIBP) and Awana JV Suria Saga Sdn Bhd is still on despite a media report stating the discontinuation of the legal proceeding.
Contrary to the implication in the report that SCIBP has entirely withdrawn its lawsuit against Awana JV, SCIB said the legal reliefs previously sought under a separate suit have been consolidated into a broader legal action (main suit).
“The amended statement of claim, filed on April 18, 2025, integrates the RM19.72 million recovery claim into the main suit to streamline proceedings and facilitate a more efficient litigation process.
“SCIB affirms that the discontinuation of the separate action does not reflect a withdrawal or abandonment of the company’s claim. Rather, it represents a strategic legal approach to pursue the matter more effectively under a single consolidated suit,” the company said in a statement.
SCIB Managing Director Ku Chong Hong also assured its shareholders and stakeholders that the company remains fully committed to recovering the RM19.72 million from Awana JV.
“The consolidation of claims into a single legal action is a procedural refinement that enables us to pursue our rights more efficiently and with greater legal clarity.
“There has been no compromise to the substance or seriousness of our position. We will continue to act in the best interest of the company and ensure transparency throughout this process,” Ku said.
He added that SCIB remains committed to upholding its legal rights and will continue to act in the best interests of the company and its shareholders.
“The company will also provide timely updates on any material developments related to this matter,” he noted.
