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Clarification On The Termination Of Contract Between SCIB International (LABUAN) Ltd And Pt. Cipta Multi Sarana

BackFeb 15, 2023
Type Announcement
Subject OTHERS
Description

Sarawak Consolidated Industries Berhad ("SCIB" or "the Company")

- Clarification on the termination of Contract between SCIB International (Labuan) Ltd and PT. Cipta Multi Sarana

We refer to our announcement dated 14 February 2023 in regards to the Termination of Contract between SCIB International (Labuan) Ltd and PT. Cipta Multi Sarana and would like to clarify on the following:

During the financial period ended 30 June 2021, SCIB International (Labuan) Ltd. has provided a full impairment for the outstanding amounts due and owing by PT. Cipta Multi Sarana in respect of the EPCC Contract services rendered, details as below:-

Client USD RM
PT. Cipta Multi Sarana 1,260,000 5,231,520

This announcement is dated 15 February 2023.


Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 15 Feb 2023
Category General Announcement for PLC
Reference Number GA1-15022023-00041