News about LBS

KUALA LUMPUR (June 28): MGB Bhd has received a letter of intent (LoI) from Kemudi Ehsan Sdn Bhd, a subsidiary of LBS Bina Group Bhd, to undertake piling, pile cap and building works including internal infrastructure works valued at RM175.

PETALING JAYA (June 4): LBS Bina Group Bhd will not be holding back on its development project to transform the Zhuhai International Circuit in China although the joint development deal with NWP Holdings Bhd has lapsed.

KUALA LUMPUR (May 31): LBS Bina Group Bhd and NWP Holdings Bhd have decided to mutually terminate an agreement for a joint development project to transform the Zhuhai International Circuit in China, in which LBS Bina has a 60% stake.

KUALA LUMPUR (March 7): NWP Holdings Bhd’s stock climbed as much as 76.

KUALA LUMPUR (March 5): LBS Bina Group Bhd has entered into a heads of agreement (HoA) with NWP Holdings Bhd to jointly undertake a development project relating to the transformation of Zhuhai International Circuit (ZIC) in China, in which LBS has a 60% stake.

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.