General Announcement

20/07/2001

PROPOSED NEW GROUP CORPORATE STRUCTURE

SARAWAK CONCRETE INDUSTRIES BERHAD

TypeAnnouncement
SubjectPROPOSED NEW GROUP CORPORATE STRUCTURE

Contents :

Contents


With reference to announcement no. SS-010625-47206 dated 4 July 2001, additional information is provide don the Internal Group Rationalisation exercise being undertaken by Sarawak Concrete Industries Berhad ("SCIB") which involves putting in place a new Group corporate structure to cater for its diversification and expansion in the future, streamlining its manufacturing operations, enhancing operational efficiency and making SCIB an investment holding company and enhancing monitoring of performance.

The new Group corporate structure

The principal activities of the various companies in the Group are summarised below :-

CompanyPrincipal activities
Sarawak Concrete Industries BerhadInvestment holding
SCIB Holdings Sdn. Bhd. 1Intermediate holding company
SCIB Concrete Manufacturing Sdn. Bhd. 1Manufacturing and marketing of all concrete products
SCIB Modular Concrete Products Sdn. Bhd. 1Marketing of modular concrete products 2
SCIB Infraworks Sdn. Bhd. 1Infrastructure business 2
SCIB Properties Sdn. Bhd. 1Property development business 2
PPES Concrete Product Sdn. Bhd.Trading of concrete products

1 To be incorporated by SCIB for the purpose of the Internal Group Rationalisation

2 New principal activities to be undertaken by SCIB



Announcement Info

Company NameSARAWAK CONCRETE INDUSTRIES BERHAD  
Stock Name SCIB
Date Announced20 Jul 2001  
CategoryGeneral Announcement
Reference NoSS-010709-57985