Sarawak Consolidated Industries Bhd.

Sarawak Consolidated Industries Bhd.

MMYX:SCIB
0.12
MYR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
351
Sector
Non-energy minerals
Industry
Construction materials
Address
Kuching Malaysia
IPO Date
Jun 28, 1994
Business
Sarawak Consolidated Industries Berhad is an investment holding company that manufactures precast concrete products, industrialised building system (IBS) components, and provides engineering, procurement, construction, and commissioning (EPCC) services, project management, and property development solutions. Founded in 1975 and headquartered in Kuching, Sarawak, Malaysia, the company operates primarily across Malaysia, serving both public infrastructure agencies and private commercial sectors with key operational facilities located in East Malaysia (Sarawak and Sabah) and Peninsular Malaysia. The company operates through four primary business segments: Manufacturing, Construction and EPCC, Property Development, and Trading. In its Manufacturing division, the company manufactures, fabricates, and distributes an extensive portfolio of concrete building materials and precast solutions, including prestressed spun concrete piles and reinforced concrete square piles for heavy structural foundation works; prestressed concrete bridge girders, encompassing I-beams, T-beams, M-beams, and U-beams; box culverts, reinforced concrete pipes, and precast drainage channels for municipal utilities and stormwater management systems; hollow core slabs, precast columns, precast beams, and precast staircases for structural building framing; lightweight concrete wall panels, interlocking paving blocks, and kerbs for architectural and landscaping applications; and modular Industrialised Building System (IBS) panels and components engineered for rapid residential, industrial, and commercial construction. Through its Construction and EPCC segment, the company delivers end-to-end civil engineering, turnkey contracting, highway and bridge construction, pipeline installation, building works for educational and healthcare institutions, and project management consultancy services. Through its Property Development and Trading segments, the company manages residential real estate projects and distributes construction supplies, building materials, and related equipment. In recent developments, Sarawak Consolidated Industries Berhad has completed major board and executive leadership reorganizations to improve corporate governance, streamline operational efficiency, and realign strategic focus toward high-margin domestic infrastructure. The company has completed equity fundraisings and capital management initiatives to strengthen balance sheet liquidity, retire debt obligations, and finance working capital requirements. To support regional market demand, the company has acquired industrial land in Sarawak to expand precast concrete and IBS production capacity, positioning itself to capture major state-driven civil works, including the Pan Borneo Highway, Sabah-Sarawak Link Road, coastal network projects, and educational facility upgrading initiatives. Additionally, the company has secured strategic alliances and joint venture partnerships with regional construction firms and municipal entities, while integrating sustainable manufacturing practices and low-carbon materials into its IBS product lines.