PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has secured a RM162mil revised contract from AUEI Teras Holding Sdn Bhd for the Perumahan Rakyat 1 Malaysia or PR1MA affordable housing scheme in Kota Baru, Kelantan.
In a filing with Bursa Malaysia yesterday, the industrialised building systems specialist said the contract would see SCIB delivering 632 residential units within a 36-month construction period followed by a 24-month defect liability period.
SCIB had secured the letter of award from AUEI Teras Holding on May 18, 2021 for an initial contract amount worth RM120mil.