IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
PETALING JAYA (June 9): Property developer LBS Bina Group Bhd plans to launch more landed properties next year.
KUALA LUMPUR (May 11): Property company LBS Bina Group Bhd's unconditional mandatory takeover offer of ML Global Bhd at 56 sen per share and six sen per warrants was deemed as not fair and not reasonable by independent adviser MainStreet Advisers Sdn Bhd.
KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.
KUALA LUMPUR (May 3): Property developer LBS Bina Group Bhd (LBS) launched the first phase of the largest integrated development in Brinchang, Cameron Highlands today.
Maintain “buy” with unchanged target price of RM1.
KUALA LUMPUR (April 12): LBS Bina Group Bhd's share acquisition of ML Global Bhd could see its earnings increase moderately by 5% to 6% beginning from the second or third quarter of financial year 2016 with the full consolidation of the latter's account, according to a research report.
KUALA LUMPUR (April 12): ML Global Bhd will be bidding for construction jobs from the government, said Tan Sri Lim Hock San (pictured), managing director of LBS Bina Group Bhd, which has gained control of the former holding a 50.
WHILE the local property sector continues to be gloomy, LBS Bina Group Bhd’s shares are climbing steadily.
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