LBS Bina Group Berhad extends its standing as a key player in the property industry securing a spot among the Top 10 Developers of the Year at the StarProperty.my Awards 2016. (from left) Star Media Group Berhad, Group Managing Director and Chief Executive Officer, Datuk Seri Wong Chun Wai; DYMM Sultan of Selangor, Sultan Sharafuddin Idris Shah Al-Haj; LBS Bina Group Managing Director, Tan Sri Lim Hock San; and Star Media Group Berhad, Independent Non-Executive Director & Chairman of Finance Committee, Datuk Fu Ah Kiow.

Kuala Lumpur, 16 March 2016 – Leading property developer, LBS Bina Group Berhad (LBS), extended its standing as a key player in the Malaysian property sector after securing a position in the Top 10 Developers of the Year at the recent StarProperty.my Awards.

Speaking about the latest win for LBS, Managing Director, Tan Sri Lim Hock San said, “We are very privileged to have been selected as a winner of the StarProperty.my award. Since the beginning, LBS has been striving to consistently deliver exceptional developments through progressive creations. LBS started from humble beginnings and has grown from strength to strength. With determination, we have emerged stronger to perform positively despite challenging market conditions. In 2015, we achieved RM 1 billion in sales, exceeding all expectations. Taking into account the needs of Malaysia’s homebuyers, we have, for over two decades, established ourselves in the property industry with a solid track record.

LBS ventured into Malaysia’s property market in the early 1970s and quickly established itself in the property industry with a solid track record. Starting with building medium-cost units, LBS progressed quickly to high-end property developments across Malaysia, creating a land bank that amounts to 2870 acres as at February 2016.

Establishing itself as a key performer in the property market, LBS has developments across the Klang Valley, East Coast, Northern and Southern region of Malaysia, LBS has, to date, delivered over 30,000 units. At present, LBS has 16 ongoing projects.

Held at Saujana Hotel in Shah Alam, the StarProperty.my awards was attended by over 350 people. As the guest of honour, DYMM Sultan of Selangor, Sultan Sharafuddin Idris Shah Al-Haj, presented the awards to LBS and other winners of the Top 10 Developers of the Year.

Commenting on the recognition accorded to LBS, Tan Sri Lim Hock San said, “LBS caters to a wide range of buyers, from affordable housing to high-end properties. In doing so, we have not only been able to capture the attention of Malaysians, but also those beyond our borders. And we would like to thank our buyers for their confidence in us. We remain ever committed to our buyers and to enhancing community living. Moving forward, we believe that we are in a good position to continue sustained growth. Leveraging our strengths, we will continue to be here and meet our targets for 2016.”