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KUALA LUMPUR, May 20 LBS Bina Group Bhd’s net profit soared to RM25.15 million for the first quarter (Q1) ended March 31, 2021, from RM9.34 million posted in the same quarter last year. Revenue also improved to RM402.55 million from RM299.27 million previously, driven by better revenue in the. ....
Subscribe to our Telegram channel for our latest stories and breaking news. A project involving reclamation of land spanning 33km from Umbai to Sungai Udang has left residents in Melaka worried about the future of the state as they could potentially lose their last public beach The fear has led to the launch of a Change.org petition, which demands the federal government s intervention to stop the state government from proceeding with the Melaka Waterfront Economic Zone (M-WEZ) project. The Melaka Chief Minister is from Barisan Nasional, a component coalition in the Perikatan Nasional government. The mega project is said to cover a total of ....
KUALA LUMPUR (April 27): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (April 28) include: Bursa Malaysia Bhd, Tasco Bhd, Frontken Corp Bhd, Unisem (M) Bhd, Globetronics Technology Bhd, Sapura Energy Bhd, Nestle (Malaysia) Bhd, Westports Holdings Bhd, RGT Bhd, Atrium Real Estate Investment Trust (Atrium REIT), SHH Resources Holdings Bhd, Seacera Group Bhd, Bintai Kinden Corp Bhd and Inta Bina Group Bhd. Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2021 almost doubled to RM121.39 million from RM64.73 million reported in the previous year, largely due to higher operating revenue. The stock exchange operator’s quarterly revenue surged 54.08% to RM232.28 million against RM150.75 million, supported by higher trading revenue in the securities and Islamic market segments. ....
Thursday, 08 Apr 2021 04:19 PM MYT KUALA LUMPUR, April 8 LBS Bina Group Bhd’s (LBS) indirect subsidiary, Leaptec Engineering Sdn Bhd (LESB) has signed a Reclamation and Development Agreement (RDA) with the Melaka government for the reclamation and development of an industrial hub with port facilities in Tanjung Bruas, Melaka Tengah. In a filing with Bursa Malaysia, LBS said the approved reclamation area is part of the Melaka Waterfront Economic Zone (M-WEZ) blueprint for the project spanning 10,117 hectares along the coastline of Melaka, providing an effective platform for sustainable business generation and economic transformation for the state. “The approved reclamation area is intended to be developed into an industrial hub with port facilities which includes logistic and warehouse, manufacturing, Liquified Natural Gas (LNG), port-related business and such other development or economic activities,” it said. ....
’s indirect 70%-owned subsidiary, Leaptec Engineering Sdn Bhd (LESB) has signed a reclamation and development agreement (RDA) with the Melaka state government. In a filing with Bursa Malaysia, LBS said the agreement was for the rights to reclaim and develop an area measuring approximately 1,200 acres located at Tanjung Bruas, Melaka. The proposed reclaimed land will be part of the Melaka Waterfront Economic Zone (M-WEZ) which spans an area of 25,000 acres located in the coastline of Melaka. Following the reclamation works, LBS intends to develop an industry hub with port facilities which includes logistic and warehouse, manufacturing, liquefied natural gas (LNG), port related business and such other developments or economic activities on the site. ....