News about LBS

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.

According to MGB’s filing with Bursa Malaysia, SANY intends to appoint MGB for the supply and installation of industrial building system (IBS) precast concrete products of up to 10,000 units of properties under the Saudi Sakani programme, to be completed within five years.

The company handed over 2,957 units in 2022.

LBS homeowners stand a chance to win home makeover worth RM150,000.

Revenue increased 108% year-on-year to RM528.

Idaman Melur will comprise high-rise affordable residential homes starting from RM250,000.

“Klang Valley, in particular, showcased a commendable take-up rate, contributing 89% of the total sales figure.

“LBS views this positively as it stimulates home ownership and is beneficial for developments within these housing price bands, such as LBS’, whereby its properties are typically within the RM500,000 range.