Tan Sri Ir. Lim Hock San
KUALA LUMPUR: LBS Bina Group Bhd
anticipates the property market to grow in an upward trajectory with increasing loan applications besides more strategic and planned launches this year.
“With this, we have launched RM1.4bil worth of projects and we are on track to launch an estimated RM2.09bil across Klang Valley, Johor, Pahang and Perak. We'll continue to maintain an optimistic perspective on the property market,” executive chairman Tan Sri Ir. Lim Hock San said in a statement.
He said the group would adopt the right strategies and stay abreast of the latest trends.
“We have continuously played our part in spurring the property market’s recovery over the past years. As we move into the second half of 2023, we continue to enhance stakeholders’ values and achieve sustainable business growth, bringing LBS to greater heights.”
All the 13 ordinary resolutions including the single-tier final dividend of 1.25 sen per share (final dividend) for the financial year ended Dec 31, 2022 (FY22) were passed by its shareholders at the 23rd annual general meeting (AGM) today.
Together with the first interim dividend of 1.20 sen per share which was announced on April 18, 2023, LBS' total dividends for FY22 amounted to 2.45 sen per share.
The first dividend and final dividend will be payable on July 17, 2023 and Sept 14, 2023 respectively to the shareholders whose names appear in LBS’ record of depositors on June 30 amd Aug 30.
