LBS: Planning ahead, staying ahead
It was during an ordinary family dinner time, Tan Sri Lim Hock San recalls, when he expressed his intention to retire from the managing director position of the public-listed LBS Bina Group Bhd.
Hock Seng Lee 2Q net profit rises two-fold on stronger contribution from construction segment
KUALA LUMPUR (Sept 23): Hock Seng Lee Bhd's (HSL) earnings for the second quarter ended June 30, 2021 (2QFY21) jumped two-fold on a yearly basis, thanks to stronger contribution from its construction segment.
LBS Bina’s 2QFY21 revenue ups 59% to RM265.9m
PETALING JAYA (Aug 30): LBS Bina Group Bhd's revenue for the second quarter ended June 30, 2021 (2QFY21) rose 59% to RM265.
Penang state council approved transfer of ownership of state lands to developers as payment for work done in undersea tunnel project, says witness
KUALA LUMPUR (July 16): The Penang state executive council led by former chief minister Lim Guan Eng (pictured) in 2014 had approved the transfer of ownership of the two lands connected to the Penang undersea tunnel project to two third-party companies, in return for the work that has been done by Consortium Zenith BUCG Sdn Bhd, the Sessions Court heard today.
Consortium awarded Penang undersea tunnel project had highest score — witness
KUALA LUMPUR (July 15): Consortium Zenith BUCG Sdn Bhd was awarded the Penang undersea tunnel project in 2013 because it had obtained the highest score among the eight shortlisted companies for the overall technical and financial assessment at the request for proposal stage, the Sessions Court heard today.
Is the extension of HOC ‘privatising profits and socialising losses’?
The government on May 31, 2021 announced the RM40 billion PEMERKASA+ aid package, and one of the measures was extending the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021.
Report: Home Ownership Campaign extension ‘expected to spur’ consumer sentiment
PETALING JAYA (June 9): The extension of the Home Ownership Campaign (HOC) to December 31, 2021 is expected to spur consumer’s sentiments as it could help homebuyers to save up to 4% of the purchase cost, said AmInvestment Bank.
REHDA lauds the extension of HOC
PETALING JAYA (June 1): The Real Estate and Housing Developers’ Association Malaysia (REHDA) welcomes the government's decision on extending the Home Ownership Campaign (HOC) 2020-2021, as announced yesterday.
Newsbreak: HOC stamp duty exemption scheme extended till end-2021
PETALING JAYA (May 31): The Ministry of Finance (MoF) has agreed to extend the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021.
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LBS Bina’s 1Q net profit more than doubles
PETALING JAYA (May 20): Property developer LBS Bina Group Bhd recorded a revenue of RM402.
