Posted by Eagle77 > 2024-01-17 12:07 | Report Abuse

No reason for consecutively LD and obviously MD Ku bringing good news that almost 100 millions of projects secured and going to be started guys…thinking rasionally not emotionally 😎🤞⬆️✅💥💰

Posted by Eagle77 > 2024-01-17 12:15 | Report Abuse

Ayong21….hoots kaw3 liaw 🤣🤣🤣 no try no games no gains 😎🤞💰⬆️✅

@Ayong21
Eagle oledi hoot in or not ? Count on you to push the share price back up 1.20

Posted by iCashBooster > 2024-01-17 12:17 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by joyvest > 2024-01-17 12:17 | Report Abuse

It is learnt that some big supports seem to be looming .That s why I say , the LD phenomenon today is rather odd and irrational despite of the announcement of LA. LA is not MOU , which is a confirmed contract

Posted by iCashBooster > 2024-01-17 12:17 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by zoizai > 2024-01-17 12:18 | Report Abuse

40m ticket desperately waiting for buyer

Posted by CUTLOST > 2024-01-17 12:20 | Report Abuse

Ramai jadi Miskin balik jual rumah dan kereta

Posted by CUTLOST > 2024-01-17 12:21 | Report Abuse

Scable pun sama jugak

Posted by Eagle77 > 2024-01-17 12:21 | Report Abuse

People think Sarawak company everyday LD without bad news 🤣🤣🤣 even my kids know it 🤣

Posted by $$ BUYSELL $$ > 2024-01-17 12:21 | Report Abuse

Big ShowTime At 2.30pm

Posted by Eagle77 > 2024-01-17 12:24 | Report Abuse

40 m sellers are the contra players on force selling 🤣🤣🤣

Posted by Eagle77 > 2024-01-17 12:26 | Report Abuse

Good news has been announced and LU is going to be taking place ⬆️✅😎🤞💰💥

Posted by manka > 2024-01-17 12:27 | Report Abuse

rm20 juta tak banyak mana pun......ok...kita tunggu sampai 20ct baru beli...

Posted by Eagle77 > 2024-01-17 12:28 | Report Abuse

Sarawak no bad news…Premier Sarawak good…PMX good…Unity Government good so ⬆️⬆️⬆️💰💰💰✅✅✅😎🤞

Posted by Eagle77 > 2024-01-17 12:29 | Report Abuse

last but not least SCIB good ⬆️✅😎🤞

Posted by joyvest > 2024-01-17 12:30 | Report Abuse

It is learnt that rescue plan is under way. It is happening after 2.30pm perhaps........................

Posted by zoizai > 2024-01-17 12:33 | Report Abuse

Afternoon trigger margin call , more q to sell 0.535 but stuck. Tmr they can sell, Friday another limit down

Posted by joyvest > 2024-01-17 12:39 | Report Abuse

Suspension is unavoidable tmr . no activities including unusual activities tmr.

Posted by joyvest > 2024-01-17 12:46 | Report Abuse

Tmr is a cooling off period ... hopefully the hot running chicken heads have cooled off by then..........

Posted by iCashBooster > 2024-01-17 12:52 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by iCashBooster > 2024-01-17 12:53 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by fingergold > 2024-01-17 13:02 | Report Abuse

Saham jatuh atas sbb tertentu;
1. Stock overvalue spt scib
2. Margin call
3. Directors buat short selling-pagi jual dulu, ptg buy back

Posted by PepGuardiola > 2024-01-17 13:06 | Report Abuse

https://www.nst.com.my/business/corporate/2024/01/1002329/short-selling-scib-suspended-second-day-row-share-price-down-35pc

Posted by PepGuardiola > 2024-01-17 13:06 | Report Abuse

Ok, Flyyyyy afternoon?

Posted by joyvest > 2024-01-17 13:10 | Report Abuse

Idss investors stand to gain big today if no reversal of LD todsy

Posted by fingergold > 2024-01-17 13:14 | Report Abuse

Cannot trust sarawak company always overvalue. Same like Swkplntn, Srawak cable, serba dinamik

Posted by Eagle77 > 2024-01-17 13:29 | Report Abuse

Selling activities only…normal la…good news is intact millions projects in hand so best of the best for SCIB bravos 💪💪💪⬆️✅😎🤞💰💥

Posted by Bmw X5 > 2024-01-17 13:43 | Report Abuse

Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 17 Jan 2024
Category General Announcement for PLC
Reference Number GA1-17012024-00025
Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-16012024-00004
Subject Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Description SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR "THE COMPANY") - UNUSUAL MARKET ACTIVITY
Query Letter Contents
We draw your attention to the sharp fall in price of your Company’s shares today (“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements :

1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;
3. Whether you are aware of any other possible explanation to account for the trading activity; and
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.



Yours faithfully,

Bursa Malaysia Securities Berhad

Reference is made to the letter dated 16 January 2024 from Bursa Malaysia Securities Berhad (“Bursa Securities”) pertaining to the sharp fall in the price of the shares of Sarawak Consolidated Industries Berhad (“SCIB” or “the Company”) recently (“trading activity”). In accordance with Paragraph 9.11 of the Main Market Listing Requirements (“LR”) of Bursa Securities, the Board of Directors of SCIB (“the Board”), after having made due inquiries with all the Directors, major shareholders and such other relevant persons, wishes to inform that to the best of their knowledge, the following:



1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions;



The company had on 4 January 2024 received the letter of offer from the Land and Survey department of Sarawak to acquire some parcels of land measuring approximately 22 acres in size for the purpose of expanding the production capacity of the group. The management is in the midst of discussion and considering on the acceptance of this proposal. The Board believes that it would be more appropriate to release announcement(s) to Bursa Securities once the decision is made. Save for the above, the Board is not aware of any corporate development relating to the Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion.



2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;



The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity.



3. Whether you are aware of any other possible explanation to account for the trading activity; and



The Board is not aware of any other possible explanation to account for the trading activity.



4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.



The Company and the Board are in compliance with the LR of Bursa Securities, in particular Paragraph 9.03 of the LR of Bursa Securities on the immediate disclosure obligations.



This announcement is dated 17 January 2024.

Posted by Bmw X5 > 2024-01-17 13:46 | Report Abuse

Relax SCIB already clarifys.....no negative answers to Bursa as per letter contents. This is an organized LD however this might be a good opportunity for some to collect cheap

Posted by EnemySpotted > 2024-01-17 13:50 | Report Abuse

Time to sell the whole company into the bin. PMX step in pls.

Posted by Bmw X5 > 2024-01-17 13:52 | Report Abuse

Abang Jo supporter on stand by .....will not allow newly appointed Jo Jr. to lose face ma ...

Posted by iCashBooster > 2024-01-17 13:53 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by iCashBooster > 2024-01-17 13:53 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by Eagle77 > 2024-01-17 14:05 | Report Abuse

Hahaha 🤣 🤣🤣 Limit Up coming ‼️ no bad news besides all good news millions projects secured 🤣🤣🤣

Posted by Eagle77 > 2024-01-17 14:06 | Report Abuse

Future 22 acres of land to be acquired by SCIB for expansion of production 😎🤞⬆️✅💰💰💰💥💥💥

Posted by Eagle77 > 2024-01-17 14:09 | Report Abuse

LU and back to the original price 1.20 plus 97.7 millions recently secured and follow by another limit up ⬆️💰💰💰✅😎🤞🤌

Posted by Eagle77 > 2024-01-17 14:10 | Report Abuse

TP : 1.50 and above ⬆️✅🤣🤣🤣😎🤞💰💰💰💥💥💥

Posted by Bmw X5 > 2024-01-17 14:10 | Report Abuse

Buy and Keep ......Majulah Sarawak !!!

Posted by joyvest > 2024-01-17 14:11 | Report Abuse

Thats why I say ,your irrational and indiscriminating panic selling is larger than your loss. it is time to collect , now or never.

Posted by GoldenCoin23 > 2024-01-17 14:22 | Report Abuse

bgt at 62 and wait for rebound

Posted by Eagle77 > 2024-01-17 14:25 | Report Abuse

All intact time to skyrocketing 💥💥💥🚀🚀🚀

Posted by Syndicates > 2024-01-17 14:27 | Report Abuse

amstrong came back from the moon. opps not landing yet

Posted by joyvest > 2024-01-17 14:28 | Report Abuse

IDSS has been suspended at 0.685 ,IDSS players will get burned if there is a reversal of price to be more than 0.685 at the closing time today .let s wait and see

Posted by rr88 > 2024-01-17 14:29 | Report Abuse

Got 3,389 lots BRAINLESS buyers for 0.535 against 439,000 lots sellers.

Posted by iCashBooster > 2024-01-17 14:31 | Report Abuse

Confirmed 2 days LD.
Friday koyak

Posted by supafly83 > 2024-01-17 14:41 | Report Abuse

Interesting, positive response from board and still sell volume is not decreasing.

Posted by ahbah > 2024-01-17 14:43 | Report Abuse

Nosediving oredi over ?

Posted by Realrich > 2024-01-17 14:52 | Report Abuse

Leform 0.15 already non stop drop. This share is follow leform way to drop back 0.15

Posted by gohudhud > 2024-01-17 14:52 | Report Abuse

Mersec too LD ? What happened to Bursa?

Posted by Realrich > 2024-01-17 14:53 | Report Abuse

All should run fast see the leform you will know. Never rebound