Carimin Petroleum’s 90%-owned subsidiary Sri Borneo Energy has proposed to buy a 7.246-hectare leasehold property in Sejingkat, Kuching, for RM21.12 million. The site includes factory and fabrication facilities, and the company plans to restart metal fabrication and galvanising there. The deal is not yet complete. The title currently restricts the land to dockyard use, and the transfer requires written consent from the Sarawak minister responsible for land. Carimin expects completion within 12 months, subject to approval. The proposed return of industrial capacity is the local point; no production restart date or employment numbers have been announced. A signed sale agreement should not be read as a completed transfer or a confirmed opening.