2012 LBS EGM & MEDIA BRIEFING

2012 LBS EGM & MEDIA BRIEFING

SHARE BUY-BACK UP & UNVEILING STRATEGIES TO TACKLE CHALLENGING 2012 

Petaling Jaya, 3 January 2012 – Property developer LBS Bina Group Berhad (LBS) today held its EGM regarding share buy-back up to 10% of the company's issued and paid-up share capital and media briefing, "Unveiling Strategies to Tackle Challenging 2012" at Tropicana Golf and Country Resort. The proposal was approved by the shareholders.

LBS Directors

Media Briefing

From left to right : Cynthia Lim, Dato' Lim Hock San & Alan Chia

"LBS is confident to achieve the sales target this year", said Dato' Lim.

Dato' Lim was interviewed by NTV7

About LBS Bina Group Berhad (LBS)

LBS began with one man’s vision in the 1980s – founded as a construction business by Dato’ Seri Lim Bock Seng. After a decade of rapid growth, LBS ventured into the property development sector in 1992 where it started its first project of Jelapang Maju Light Industrial Park in Jelapang, Ipoh. Within a few years, its stable of projects established LBS as a reputable developer and a dominant player in Malaysia’s property sector.

More recently, the Group re-strategized its business model, launching a brand new image, identity and direction as part of its long term objective to be an internationally recognised developer, building and inspiring lifestyle spaces that enhance community living.

As part of this new direction, the Group has extended its portfolio of quality homes to the high-end market and has embarked on a progressive journey of change, which includes the areas of product, customer experience, after-sales services, sustainability, green technology and design.