Sarawak Consolidated Industries Berhad announced that SCIB, its wholly-owned subsidiary, has filed a Notice of Application on 18 December 2025 for leave to amend its Amended Writ and Amended Statement of Claim in its ongoing material litigation involving SCIBP, against Awana JV Suria Saga Sdn. Bhd. and a local bank.
To comes from earlier announcements relating to the dispute arising from an affordable housing project under the Program Perumahan Penjawat Awam scheme, where SCIB had entered into a Settlement cum Appointment of Contractor Agreement with Awana JV Suria Saga Sdn. Bhd. and had acted as corporate guarantor for financing facilities granted by the bank.
The amended claim also seeks to include additional parties, including the director of Awana JV Suria Saga Sdn. Bhd. and Northstar Construction Sdn. Bhd., Dato’ Ang Tee Peng, as well as Lee Sai Meng, the sole proprietor of Bri & Associates, in connection with matters relating to the project. The proposed amendments further introduce additional causes of action including fraud, conspiracy to defraud, dishonest assistance and negligence, following the discovery of documents and irregularities identified.
These matters include, among others, the alleged removal of authorised bank signatories for Awana’s accounts without SCIBP’s consent, contrary to prior resolutions, as well as unauthorised disbursements of approximately RM1.7 million under the Islamic Financing Facility, including payments released to related parties. The amended claim also seeks, among others, declarations that certain agreements have lapsed, reliefs to discharge SCIB as corporate guarantor, recovery of outstanding sums, damages, interest and other reliefs deemed appropriate by the Court
SCIB said it submitted supporting documentation and evidence regarding irregularities identified, including issues relating to drawdowns and compliance with financing conditions. However, despite repeated attempts to seek clarification and resolution, the bank did not provide satisfactory responses, leaving SCIB with no alternative but to proceed with this material litigation to protect its interests it added.
The Court has fixed the hearing of the application for 9 March 2026, and the Company will make further announcements should there be any material developments.
