Industrialised building systems specialist, Sarawak Consolidated Industries Berhad (“SCIB” or the “Company”) today announced that SCIB its wholly-owned subsidiary, SCIB Properties Sdn. Bhd. (“SCIBP”) have filed a Notice of Application on 18 December 2025 for leave to amend its Amended Writ and Amended Statement of Claim in its ongoing material litigation involving SCIBP, against Awana JV Suria Saga Sdn. Bhd. (“Awana”) and MBSB Bank Berhad (“MBSB”).
To recap, this action follows a series of earlier announcements relating to the dispute arising from an affordable housing project under the Program Perumahan Penjawat Awam (“PPAM”) scheme, where SCIB had entered into a Settlement cum Appointment of Contractor Agreement with Awana JV Suria Saga Sdn. Bhd. and had acted as corporate guarantor for financing facilities granted by MBSB Bank Berhad.
The amended claim also seeks to include additional parties, including the director of Awana JV Suria Saga Sdn. Bhd. and Northstar Construction Sdn. Bhd., Dato’ Ang Tee Peng, as well as Lee Sai Meng, the sole proprietor of Bri & Associates, in connection with matters relating to the project. The proposed amendments further introduce additional causes of action including fraud, conspiracy to defraud, dishonest assistance and negligence, following the discovery of documents and irregularities identified. These matters include, among others, the alleged removal of authorised bank signatories for Awana’s accounts without SCIBP’s consent, contrary to prior resolutions, as well as unauthorised disbursements of approximately RM1.7 million under the Islamic Financing Facility, including payments released to related parties. The amended claim also seeks, among others, declarations that certain agreements have lapsed, reliefs to discharge SCIB as corporate guarantor, recovery of outstanding sums, damages, interest and other reliefs deemed appropriate by the Court
Throughout the process, SCIB submitted supporting documentation and evidence regarding irregularities identified, including issues relating to drawdowns and compliance with financing conditions. However, despite repeated attempts to seek clarification and resolution, MBSB did not provide satisfactory responses, leaving SCIB with no alternative but to proceed with this material litigation to protect its interests. The Court has fixed the hearing of the application for 9 March 2026, and the Company will make further announcements should there be any material developments.
Executive Chairman Datuk Chong Loong Men said, “SCIB has acted responsibly and in good faith, and we have provided the necessary evidence throughout this matter. Unfortunately, the lack of response left us with no choice but to proceed with legal action. This step is necessary to protect the Company and its shareholders, and we remain committed to ensuring accountability and transparency moving forward.”
SCIB remains committed to safeguarding its legal rights and protecting stakeholder interests, and will continue to provide timely updates on any material developments relating to this matter.
