Sarawak Cable to raise up to RM53.9mil from a private placement
KUCHING: Sarawak Cable Bhd
(SCB) has completed the first of several deliveries of power cables for the Pan Borneo Highway project after it was awarded a contract last month.
The contract from Shorefield Sdn Bhd is valued at about RM20.5mil based on a provisional sum of the initial few utility packages. Shorefield is leader of a consortium taking charge of the highway project utility packages,which comprises three components – electricity,water and telecommunication.
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