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.
Net profit rose to RM40.
The total quota of 800MW under CGPP has now been fully subscribed.
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.
It attributed the decrease in revenue and PBT to certain development projects that were near their completion before vacant possession.
The development will be carried out atop six parcels of land measuring 6.
The proposed shipyard, to undertake ship building and ship repair works, is expected to be developed in three phases on 1,200 acres (485.
With a gross development value of RM437 million, the units with built-ups ranging from 590 to 863 sq ft have a selling price starting from RM352,000.
More than 90% of units of KITA Bestari’s single-storey houses have been booked within two weeks after opening for bookings.
The contract was awarded by Blee & W Architects Sdn Bhd, on behalf of Astana Modal (M) Sdn Bhd, which in turn is a subsidiary of LBS Bina Group Bhd.
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