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.
LBS Bina set to propel towards YTD high, says RHB Retail Research
The research house said the latest “higher high” bullish pattern above the rising 21-day simple moving average line suggests the uptrend movement is firming up and heading towards 62 sen, the YTD high, followed by the next resistance at 70 sen, a new high.
LBS Bina posts 14% profit growth in 3Q despite lower revenue, higher finance costs
Net profit rose to RM40.
LBS Bina secures 28.67MW solar power capacity from Energy Commission under CGPP
The total quota of 800MW under CGPP has now been fully subscribed.
LBS Bina Group announces proposals for Budget 2024 to spur local property market
LBS Bina's second proposal is to provide incentives for the adoption of the industrialised building system (IBS) precast system for developers that incorporate the system into their housing projects, as this can help reduce construction costs and make housing more accessible.
LBS Bina drops 6% in 2Q on lower contribution from property development business
It attributed the decrease in revenue and PBT to certain development projects that were near their completion before vacant possession.
LBS Bina teams up with land owner to undertake RM1b GDV mixed development in Sungai Penchala
The development will be carried out atop six parcels of land measuring 6.
LBS Bina's indirect unit enters MOU with Türkiye's Desan for RM2b shipyard in Melaka
The proposed shipyard, to undertake ship building and ship repair works, is expected to be developed in three phases on 1,200 acres (485.
