We refer to your Company's announcement dated 25 July 2024, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) The rationale for SCIB (the holding company of SCIBP as the main contractor) to be the Corporate Guarantor in favour of MBSB Bank Berhad for the loan facilities granted to AWANA (as the project owner that awarded the contract).

2) Whether the appointment of SCIB as the Corporate Guarantor is in compliance with Paragraph 8.23(1) of the Main Market Listing Requirements and the justification.

3) Further clarification/reconciliation as to how the Total Indebtedness of RM19,132,682.24 will be settled by AWANA via the awarding of the contract to SCIBP with an estimated contract value of RM162,000,000.00. 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,

Listing

Regulation

Cc : Market Surveillance Dept. , Securities Commission (via fax)