General Announcement

18/10/2002

SARAWAK CONCRETE INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY") · PROPOSED ACQUISITION OF APPROXIMATELY 43 HECTARES OF MIXED ZONE LAND APPROVED FOR DEVELOPMENT LOCATED AT KUCHING, SARAWAK ("ORICON LAND") FROM ORICON SDN BHD ("PROPOSED ACQUISITION")

SARAWAK CONCRETE INDUSTRIES BERHAD

TypeAnnouncement
SubjectSARAWAK CONCRETE INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY")
· PROPOSED ACQUISITION OF APPROXIMATELY 43 HECTARES OF MIXED ZONE LAND APPROVED FOR DEVELOPMENT LOCATED AT KUCHING, SARAWAK ("ORICON LAND") FROM ORICON SDN BHD ("PROPOSED ACQUISITION")

Contents :

Further to the announcement made on 4 October 2002, AmMerchant Bank Berhad (formerly known as Arab-Malaysian Merchant Bank Berhad), on behalf of SCIB, wishes to announce that the Foreign Investment Committee has approved the Proposed Acquisition.


The Proposed Acquisition is now pending the Securities Commission and SCIBs shareholders approval.

This announcement is dated 18 October 2002.


Announcement Info

Company NameSARAWAK CONCRETE INDUSTRIES BERHAD  
Stock Name SCIB
Date Announced18 Oct 2002  
CategoryGeneral Announcement
Reference NoMM-021017-71372

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