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SCBUILD is actively expanding its core construction business into renewable energy, focusing on large-scale solar power plants and rooftop solar installations.
e-Pelarian Cukai is probably the easiest way to settle the question. Let LHDN verify everything. Yes, accumulated tax losses and incentives such as GITA can potentially reduce a company's tax substantially. But with the various land transactions, related-party dealings and the recent building-material transactions, I think it would be interesting to let LHDN take a proper look at the numbers. And most importantly, if the investigation uncovers any actual tax violations, there will be a reward for the person who reports it.
The best way to make money from this lot is be to report it to e-Pelarian Cukai. With so many land deals and sales over the past 3 years, it would be interesting to check how much tax was actually paid. Go through SCBUILD and the directors of every company involved in these transactions (check SSM), trace the deals and tax records, and let LHDN investigate. If there are genuine tax discrepancies, the government’s whistleblower reward could potentially make so much money for those who reported. The government make things easy with e-Pelarian Cukai.
