GENERAL MEETINGS: Outcome of Meeting
| SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 04 May 2026 |
| Time | 02:30 PM |
| Venue(s) |
Hall 1, Corporate Meetings by Envivo, Ground Floor, Lobby 1, Crystal Plaza No.4, Jalan 51A/223, 46100 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED DISPOSAL BY SCIB HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ITS ENTIRE EQUITY INTEREST IN SCIB CONCRETE MANUFACTURING SDN BHD ("SCM") TO YTL CEMENT (SARAWAK) SDN BHD ("YTL CEMENT SARAWAK"), AN INDIRECT SUBSIDIARY OF YTL CORPORATION BERHAD, FOR A CASH CONSIDERATION OF RM113.00 MILLION ("PROPOSED DISPOSAL OF SCM")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 204 | 17 |
| No. of Shares | 266,966,622 | 39,059 |
| % of Voted Shares | 99.9854 | 0.0146 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED DISPOSAL OF 7 PARCELS OF LAND OWNED BY THE COMPANY WHICH ARE KNOWN AS LOT 1166, LOT 1541 AND LOT 787-791 AT PRE-AGREED PURCHASE PRICES OF RM18.00 MILLION, RM6.00 MILLION AND RM14.19 MILLION RESPECTIVELY TO BE SATISFIED ENTIRELY VIA CASH, PURSUANT TO THE EXERCISE OF THE OPTIONS TO PURCHASE BY SCM OR THE OPTIONS TO SELL BY SCIB, AS THE CASE MAY BE ("PROPOSED DISPOSAL OF LANDS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 204 | 17 |
| No. of Shares | 266,963,722 | 41,959 |
| % of Voted Shares | 99.9843 | 0.0157 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
| Stock Name | SCIB |
| Date Announced | 04 May 2026 |
| Category | General Meeting |
| Reference Number | GMA-04052026-00002 |
| Corporate Action ID | MY260504MEET0001 |