Sarawak Cable acquires 75% of steel fabricator Sarwaja Timur for RM28.88M

Sarawak Cable Bhd (SCB) is acquiring 75% of steel fabricator Sarwaja Timur Sdn Bhd (STSB) for RM28.88 million, with Austin Corp buying the remaining 25% for RM9.63 million. The acquisition is expected to complete in Q4 2026.

“The proposed acquisition is also expected to contribute positively to the future earnings of SCB Group.”theedgemalaysia.com

• 2 sources
• theedgemalaysia.comSarawak Cable acquires Sarwaja TimurNov 9, 2026
• theedgemalaysia.comSarawak Cable to acquire subsidiaryNov 9, 2026

Summarized from public sources; check the original articles before acting on it.