Sarawak Cable Says Has Found Alternative White Knight to Serendib

Sarawak Cable Bhd (KL:SCABLE) said that the memorandum of agreement (MOA) between the company and Serendib Capital Ltd (Serendib) had been validly terminated.

The Edge MarketsMay 17 00:58

Sarawak Cable Says It Has 'Strong' Backup After Losing Serendib Capital as White Knight

Sarawak Cable Bhd (KL:SCABLE) says it has identified "a strong alternative party" who is interested in spearheading a resuscitation plan for the group, after its plan to regularise its financials with the help of UK-based Serendib Capital Ltd fell through.

The Edge MarketsMay 10 08:49

Sarawak Cable's MOA With Serendib Capital Falls Through; Shares Plunge Over 19%

Sarawak Cable's (KLSE:SCABLE) memorandum of agreement with Serendib Capital failed as both companies could not agree upon an exclusive working relationship, according to a Wednesday Malaysian bourse f

MT NewswiresMay 8 23:59

Sarawak Cable Needs a New White Knight as 'Resuscitation Exercise' Falls Through

Sarawak Cable Bhd (KL:SCABLE) has to go back to the drawing board and look for a new white knight to regularise its financials.

The Edge MarketsMay 8 09:16

Sarawak Cable Widens Loss in Fiscal Q3; Shares Drop 3%

Sarawak Cable (KLSE:SCABLE) posted a loss attributable to owners of 21 million ringgit in the fiscal third quarter ended Feb. 28, higher than 14.2 million ringgit a year earlier. Loss per share widene

MT NewswiresApr 26 00:21

Sarawak Cable Sued by Two Creditor Banks Claiming RM95.5m

Sarawak Cable Bhd (SCB) said the group and its wholly-owned subsidiary Universal Cable (Sarawak) Sdn Bhd have been sued by two banks over a total owed sum of RM95.53 million.

The Edge MarketsApr 10 01:41