KUALA LUMPUR, June 13, 2022 - - Sarawak Consolidated Industries Bhd, a civil engineering specialist, wishes to clarify further on the Letter of Award dated June 7, 2022 granted by Ennova Sdn Bhd appointing SCIB Properties Sdn Bhd as a sub-contractor to undertake an engineering, procurement, construction and commissioning contract in connection with the Integrated Smart Lamp Pole Replacement project for DBKL.
In addition to the information furnished in the LoA, Managing Director and Chief Executive Officer of SCIB, Rosland bin Othman, noted that SCIBP's scope of work included but is not limited to site clearing, excavation and reinforced concrete footing structure, laying all reinforcement concrete, bolts and nuts, and plates on all mild steel structures, with the poles, fittings and accessories to be supplied by Ennova.
"The scope also includes perimeter chain-link fencing works, mild steel gates and erection; earthworks, levelling, setting out, making point, and other related works; mechanical and engineering works such as wiring, switch boxes, connection to conduits, lay ground earth cable and rem as well as installation of monopole."
Ennova is to bear all construction cost of the poles, including the rental of each erected pole in accordance with the agreed rental price between it and DBKL.
"We are unaware of any funding or financing arrangement for the contract by DBKL.
DBKL and SCIB
Sarawak Consolidated Industries, through its wholly-owned subsidiary, SCIB Properties Sdn Bhd, has received a letter of award from Ennova Sdn Bhd for an engineering, procurement, construction, and commissioning (EPCC) contract worth RM30.75 million, says Bernama.
The construction and concrete products manufacturer said in a filing with Bursa Malaysia today that the contract entails replacing 200 lamp poles throughout the Klang Valley for Kuala Lumpur City Hall.
The integrated smart lamp pole replacement project engineering services for DBKL are expected to begin in June 2022 and end in May 2023.
"The contract is expected to contribute positively to SCIB Group's future earnings because any profit attributable to the group will be realised in stages throughout the contract's tenure and progress," it said.
The contract is subject to standard business risks such as material cost increases, labour availability, contractual terms including default provisions, subcontractor performance, and health and safety on standard operational procedures.
"However, SCIB will implement control measures and operational procedures to mitigate the anticipated risks," the company added.
ACN Newswire - Bernama