LBS Bina posts 14% profit growth in 3Q despite lower revenue, higher finance costs
Net profit rose to RM40.
Net profit rose to RM40.
According to a joint statement, the co-investors have signed a sale and leaseback agreement with Osram Opto Semiconductors Sdn Bhd.
Ekovest told Bursa Malaysia on Friday that it is disposing of its entire stake in Ekovest Construction Sdn Bhd (ECSB) to Knusford Bhd for RM450 million.
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.
Lim, who is a major shareholder of Ekovest Bhd, Knusford Bhd, Iskandar Waterfront Holdings Sdn Bhd (IWH) and Iskandar Waterfront City Bhd (IWCity), said he has proposed to undertake a reorganisation, rationalisation and merger proposal involving these companies, for the consideration of the boards of directors.
DONE DEAL: Bungalow, Laman Dahlia, Nilai, Negeri Sembilan DONE DEAL: Terrace house, Bandar Baru Bangi, Selangor Taman Nakhoda, located in the heart of Telok Panglima Garang, is a hidden gem of natural beauty and cultural significance in Malaysia.
With a gross development value (GDV) of over RM700 million, 99 Legend will offer a total of 1,214 condominium units including five penthouses spread across two connecting towers — a 57-storey Tower Anton and a 52-storey Tower Belim — on a 4.
The acquisition by HHRG, via its wholly-owned subsidiary HH Properties Kulim Sdn Bhd, involves KPSB shareholders including father-son directors Goh Boon Leong and Goh Vincent, as well as Ho Whye Chong and Kelvin Tan Chun Khai.
In a filing to Bursa Malaysia on Wednesday (July 26), Ekovest said it has signed the collaboration agreement with Shenzhen Maoxiong Co Ltd (MX) and Anxi County People's Government (Anxi).
Ibrahim Sahari, 59, said fellow former senior director Datuk Zarul Ahmad Mohd Zulkifli told him that said money was paid to ensure that CZCSB secured future projects.