LBS Bina secures 28.67MW solar power capacity from Energy Commission under CGPP
The total quota of 800MW under CGPP has now been fully subscribed.
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.
Going forward, LBS Bina executive chairman Tan Sri Lim Hock San said LBS Bina will continue to increase operational efficiency to improve its profit margins and ensure long-term business sustainability.
“Ahead of the announcement, LBS wishes to make various proposals which it believes is crucial towards revitalising the property sector and is hopeful that the government will take these into account.