News about LBS

KUALA LUMPUR (May 31): LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd, as the company expects to obtain planning and layout approvals for the project within the next few months.

KUALA LUMPUR (May 31): LBS Bina Group Bhd’s net profit soared 47% to RM24.

KUALA LUMPUR (May 29): ML Global Bhd, 56%-owned construction arm of LBS Bina Group Bhd, is placing greater focus on industrialised building system (IBS) adoption to help ease the shortage of labour in the company.

KUALA LUMPUR (April 5): LBS Bina Group Bhd has declared a special tax-exempt dividend of two sen per share for the financial year ended Dec 31, 2016 (FY2016).

KUALA LUMPUR (March 28): Malaysia Airports Holdings Bhd (MAHB) and DRB-Hicom Bhd are expected to be the key beneficiaries from the government's recently launched Digital Free Trade Zone (DFTZ), said CIMB Research.

Property sector Maintain neutral: Although the value of residential loans approved, an indicator of property sales, fell 15% in 2016, four out of the seven developers in our coverage managed to grow their property sales by 3% to 77% in 2016.

LBS Bina Group Bhd (March 9, RM1.

KUALA LUMPUR (March 10): Property developer LBS Bina Group Bhd has proposed a rights issue to raise up to RM165.

KUALA LUMPUR (March 8): LBS Bina Group Bhd has teamed up with YPJ Plantations Sdn Bhd to jointly develop a mixed township in Kota Tinggi, Johor, with an estimated gross development value (GDV) of RM2.

KUALA LUMPUR (Feb 17): LBS Bina Group Bhd saw a total of 33 million shares, representing an equity stake of 5.