BUSINESS

PPAM PROJECT DEVELOPER APPOINTS SCIB UNIT AS MAIN CONTRACTOR

22/09/2021 08:03 PM

KUALA LUMPUR, Sept 22 -- Sarawak Consolidated Industries Bhd (SCIB) announced that its wholly-owned subsidiary SCIB Properties Sdn Bhd has been awarded a RM137 million contract to build housing for civil servants (PPAM), replacing Puncak Gemilang Melati Sdn Bhd, whose appointment as the main contractor has been “nullified.”

SCIB said the developer of the PPAM project in Muallim, Perak - Awana JV Suria Saga Sdn Bhd - has nullified Puncak Gemilang Melati Sdn Bhd as the main contractor and instead appointed SCIB Properties as the main contractor for the project.

“The estimated contract value for the said project was revised to RM137 million. Save for (that), all other terms and conditions of the contract as announced previously remain unchanged,” it said in a statement.

In an earlier announcement dated March 15, 2021 by SCIB, the project’s value was stated at RM135 million.

-- BERNAMA


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