After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina said the proposed disposal would result in a pro-forma disposal gain of about RM80 million, improve its net asset by about 10%, and reduce its gearing from 0.
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LBS Bina’s unbilled sales stood at RM1.71 bil as at end-May
"LBS Bina's land bank (as at end-May) totalling 2,661 acres will continue to drive growth and profitability, while reaffirming its commitment to maximise shareholder value and deliver sustainable long-term returns,” said its executive chairman Tan Sri Dr Lim Hock San.
LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
LBS Bina launches RM457 mil SkyRia residential project in Puchong
Situated within the 175-acre island township, SkyRia comprises two blocks with one housing 608 units, while the other has 391 units.
LBS Bina unveils BSP Sutera at Bandar Saujana Putra
With 337 apartment units spanning across 20 floors and 84 townhouse units, BSP Sutera offers a wide range of living spaces to suit families of all sizes.
LBS Bina posts 31% growth in 4Q earnings amid higher contribution from property biz
Net profit for the quarter ended Dec 31, 2023 (4QFY2023) rose to RM36.
LBS Bina kicks off sukuk programme with RM200m sustainability sukuk issuance
The sustainability sukuk is priced at a yield of 5% with a periodic distribution of 5% per annum.
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MGB appoints Lim Hock San as group executive chairman
The construction and property company said Lim holds a 58.
