News about LBS Bina

KUALA LUMPUR (March 1): LBS Bina Group Bhd’s net profit for the fourth quarter dropped 13% year-on-year, mainly on lower interest income and higher finance costs, while other income fell as the previous corresponding quarter had registered a one-off government grant.

KUALA LUMPUR (Jan 29): LBS Bina Group Bhd has declared a special dividend of 4 sen per share for the financial year ended Dec 31, 2017.

KUALA LUMPUR (Jan 11): LBS Bina Group Bhd had today launched its first property project in 2018, a planned RM954.

Maintain outperform with a higher target price (TP) of RM2.

KUALA LUMPUR (Jan 4): Despite the soft and challenging property market, LBS Bina Group Bhd is optimistic of achieving a sales target of RM1.

KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.

PETALING JAYA (Dec 11): Property developer LBS Bina Group Bhd will launch affordable to mid-market non-landed properties with a cumulative GDV of RM1.

KUALA LUMPUR (Nov 28): LBS Bina Group Bhd's third-quarter net profit rose 26.

KUALA LUMPUR (Nov 21): Freezing approvals for applications to build shopping malls, offices, serviced apartments and luxury condominiums, which came into effect on Nov 1, will artificially push supply into a certain market, some property developers argue.

KUALA LUMPUR (Nov 17): LBS Bina Group Bhd has been granted additional usage rights from China’s Development and Reform Bureau of Gaoxin District for its Zhuhai International Circuit (ZIC) land, which currently occupies 264 acres (106.