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Đánh bạc kiếm tiền(www.84vng.com):SCIB signs novation agreements

admin2022-09-245

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PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has signed novation agreements with clients pertaining to six engineering, procurement, construction and commissioning (EPCC) contracts in Qatar and Oman that SCIB had previously terminated.

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In a filing with Bursa Malaysia yesterday, SCIB said novation agreements were signed due to the default in payment by the clients that triggered a termination clause dated Nov 10, 2021.

In November last year, SCIB signed the respective settlement agreements with Pavilion Qatar Engineering Co W.L.L, Revenue International LLC, Interceptor Trading & Contracting W.L.L and Skyview Trading & Contracting W.L.L in the two countries to mutually terminate the contracts previously awarded to SCIB and its wholly-owned subsidiary company SCIB International (Labuan) Ltd between Oct 25, 2019 and Dec 3, 2020.


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