Property development sector Downgrade to neutral: Property sales recovered in the third quarter of 2016 (3Q2016) as six of the seven developers under our coverage registered 18% to 160% quarter-on-quarter sales growth.
PETALING JAYA (Dec 15): As a supporter for motorsports events, LBS Bina Group Bhd has collaborated with P1 Marine Motorsports (Malaysia) Sdn Bhd to nurture local water sports talents, according to LBS Bina managing director Tan Sri Lim Hock San.
KUALA LUMPUR (Dec 1): ML Global Bhd has appointed Datuk Lim Lit Chek as executive director and chief executive officer (CEO) of the construction company, replacing Chew Wee Seong who has been redesignated as chief operating officer (COO).
PETALING JAYA (Nov 29): ML Global Bhd should see better earnings ahead after consolidating MITC Engineering Sdn Bhd’s business into the company, according to ML Global managing director (MD) Tan Sri Lim Hock San.
KUALA LUMPUR (Nov 4): Property developer LBS Bina Group Bhd is confident of achieving its sales target of RM1.
PETALING JAYA (Oct 19): Property developer LBS Bina Group Bhd believes it is imperative for Budget 2017 to continue being rakyat-centric, particularly in making homes within reach for first-time homebuyers.
KUALA LUMPUR (Oct 10): While its flagship development Bandar Saujana Putra, located south of Kuala Lumpur, is expected to continue contributing to the group for another three to five years, LBS Bina Group Bhd is now set to undertake another major development.
AS high-end property prices evade the growing middle-income market, the momentum continues to build for affordable, well-planned housing and it shows no sign of slowing down in the foreseeable future.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
