LBS Bina plans more JVs with landowners
Property developer LBS Bina Group Bhd is in talks with two landowners in the Klang Valley to expand its portfolio of land available for development via joint ventures (JV).
Property developer LBS Bina Group Bhd is in talks with two landowners in the Klang Valley to expand its portfolio of land available for development via joint ventures (JV).
LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd.
LBS Bina Group Bhd’s net profit soared 47% to RM24.77 million in the first quarter ended March 31, 2017 (1QFY17) from RM16.86 million in the previous corresponding quarter.
IJM Corp Bhd’s net profit for the fourth financial quarter ended March 31, 2017 (4QFY17) jumped more than five times to RM236 million from RM44.23 million a year earlier.
UOA Development Bhd has purchased a freehold piece of land for RM81.1 million to build a complementary commercial development to its anchor development Bangsar South City.
Landmarks Bhd is looking for a joint-venture partner to add new hotels and resorts within its Treasure Bay Bintan development in Bintan, Indonesia.
Loss-making hospitality and property company Landmarks Bhd hopes to turn profitable by its financial year ending Dec 31, 2018 (FY18), according to its chief executive officer Mark Wee Liang Yee.
IGB Corp Bhd, which saw a big jump in first-quarter (1Q) net profit, hopes to achieve full-year earnings that are on a par with the previous year by leveraging on its diversified portfolio of property assets.
“We are planning to launch three new projects by December this year, one of which [will be our first venture into] the affordable housing segment which will be located in Selayang,” Yap told reporters after UOA’s annual general meeting here today.
Property developer Tropicana Corp Bhd celebrates its first foray into education with the official opening of St Joseph’s Institution International School Malaysia.