Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

The Board of Directors of Sarawak Consolidated Industries Berhad (“SCIB” or “the Company”) wishes to announce that SCIB Building Solutions Sdn. Bhd. [Registration No.: 201001020273 (904040-D)] (“SCIBBS” or “Vendor”), a wholly-owned subsidiary of SCIB, had on 28 May 2025 entered into a Sale & Purchase Agreement (“SPA” or “the Agreement”) to dispose of all that piece of freehold industrial land held under Geran 212765, Lot 16024, Bandar Nilai Utama, District of Seremban, State of Negeri Sembilan measuring approximately 10035 square metres and bearing postal address at Lot 16024, Jalan Nilam 4, Kawasan Perindustrian Nilai Utama, 71800 Nilai, Negeri Sembilan “the Property”) to BESI-TECH Engineering Sdn. Bhd. [Registration No.:199401021107 (306786-V)] (“BESI-TECH” or “the Purchaser”) for a total consideration of Ringgit Malaysia Eight Million One Hundred and Eighty Thousand (RM8,180,000.00) only(“Disposal Consideration”) free from encumbrances, subject to the terms and conditions stipulated in the SPA (“Proposed Disposal”).

Further details of the Announcement are set out in the attachment below.

This announcement is dated 28 May 2025.

Please refer attachment below.

Attachments

1. SCIB_-_Disposal_of_Nilai_Land_to_Bursa.pdf (Size: 273,632 bytes)