KUCHING, 5 AUGUST 2026 — Sarawak Consolidated Industries Berhad (SCIB), a construction and Engineering, Procurement, Construction and Commissioning (EPCC) specialist, has strengthened its project pipeline in Sabah after securing a RM24.59 million EPCC subcontract for the reconstruction of the dilapidated school building at Sekolah Kebangsaan Kaingaran in Tambunan, Sabah.

The contract was awarded to SCIB’s wholly-owned subsidiary, SCIB Industrialised Building System Sdn. Bhd. (SIBS), through a Letter of Award issued by Belian Juta Sdn. Bhd. Under the subcontract, SIBS will be responsible for executing and completing the reconstruction works, including the supply of the necessary materials, machinery, equipment, mechanical plants and labour required for the project.

The project is scheduled to commence on 10 August 2026 and is expected to be completed by 22 January 2029. With an approximately 29-month execution period, the contract is expected to provide SCIB with greater earnings visibility while further strengthening the Group’s Construction and EPCC order book in Sabah.

SCIB said the latest award also reinforces its track record in delivering public sector education infrastructure projects. The reconstruction of Sekolah Kebangsaan Kaingaran is expected to contribute towards providing students and the local community with a safer, more conducive and improved learning environment.

Datuk Chong Loong Men, Non-Independent Non-Executive Chairman of SCIB

Non-Independent Non-Executive Chairman Datuk Chong Loong Men said the latest contract reflects continued confidence in SCIB’s project execution capabilities, particularly within Sabah’s public infrastructure sector. He highlighted the importance of education infrastructure in supporting community development and said the Group was honoured to contribute to the improvement of facilities at Sekolah Kebangsaan Kaingaran.

According to Chong, Sabah continues to present attractive opportunities driven by ongoing investments in education, public infrastructure and community facilities. As SCIB strengthens its presence across East Malaysia, the Group remains focused on disciplined project selection, effective execution and expanding its order book with quality projects that can provide sustainable earnings visibility.

The contract is expected to contribute positively to SCIB’s future earnings throughout the project tenure, with revenue and profit to be recognised progressively based on the progress of the works. The project will be financed through internally generated funds and/or project progress billings, enabling SCIB to align its funding requirements with the implementation of the project.

Moving forward, SCIB remains committed to expanding its Construction and EPCC portfolio by pursuing projects that complement its technical capabilities and operational expertise. The Group will continue strengthening its project pipeline across Sabah and Sarawak while maintaining disciplined project execution and cost management to create sustainable long-term value for its stakeholders.