MGB appoints Lim Hock San as group executive chairman
The construction and property company said Lim holds a 58.
The construction and property company said Lim holds a 58.
Net profit rose to RM40.
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.
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.
The company handed over 2,957 units in 2022.
“Klang Valley, in particular, showcased a commendable take-up rate, contributing 89% of the total sales figure.
PETALING JAYA (Jan 5): LBS Bina Group Bhd achieved RM1.
Has its sales figures been shrunken by the stop work orders due to the pandemic? Yes.
It was during an ordinary family dinner time, Tan Sri Lim Hock San recalls, when he expressed his intention to retire from the managing director position of the public-listed LBS Bina Group Bhd.