# 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.

- Type: Acquisition
- Announced: 2026-11-09
- Where: Sarawak, Malaysia
- Value: $8.50M (38.5M MYR)
- Status: announced
- Products: power cables, wires, transmission towers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Sarawak Cable Bhd](https://endata.com/companies/95343.md) (acquirer)
- [Austin Corp (M) Sdn Bhd](https://endata.com/companies/95344.md) (acquirer)
- [Sarwaja Timur Sdn Bhd](https://endata.com/companies/95345.md) (target)
- [Sarawak Energy Bhd](https://endata.com/companies/95346.md) (partner)
- [Syarikat Sesco Bhd](https://endata.com/companies/95347.md) (partner)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/sarawak-cable-acquires-sarwaja-timur), 2026-11-09: "The proposed acquisition is also expected to contribute positively to the future earnings of SCB Group."
- [theedgemalaysia.com](https://theedgemalaysia.com/article/sarawak-cable-acquire-subsidiary), 2026-11-09: "The acquisition of this company will help Sarawak Cable in its bidding for more transmission projects."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.