MOU SIGNING CEREMONY BETWEEN LBS AND ORIENTAL HOLDINGS BERHAD FOR MELAKA MIXED-USED INDUSTRIAL DEVELOPMENT

On 15th May 2025, LBS Bina Group Berhad entered into a Memorandum of Understanding with Oriental Holdings Berhad. Both parties are collaborating on a mixed-use industrial development project in Melaka, with an estimated gross development value (GDV) exceeding RM7 billion.

The MOU outlines a proposed integrated mixed-use industrial development project mainly comprising industrial, and commercial units in Klebang, Melaka. Klebang is selected due to its strategic location within the Straits of Melaka Waterfront Economic Zone (SM-WEZ), which offers significant growth potential through its coastal accessibility, expanding infrastructure, and alignment with Melaka’s long-term economic transformation agenda.

Witnessed by the Chief Minister of Melaka, YAB Datuk Seri Utama Ab Rauf Yusoh, this signing ceremony essentially underscores the project’s pivotal role in driving Melaka’s economic growth and urban transformation. The presence of the Chief Minister instils strong confidence in the Proposed Development and demonstrates the government’s steadfast dedication to its success, solidifying its position as a major catalyst for Melaka’s future prosperity.

‘MAKAN ANGIN LOKAL WITH LBS’ CAMPAIGN PRIZE GIVING CEREMONY

26th April 2025, LBS proudly unveiled the grand prize winners, who walked away with hotel vouchers worth up to RM250,000 in total. These exclusive vouchers are redeemable at top-rated hotels in Selangor, Kuala Lumpur, Pahang, Penang, and Johor, offering winners a perfect opportunity for a well-deserved local getaway.

The event took place during the lively Raya KITA Fest, held at the LBS Discovery Gallery KITA @ Cybersouth. The highlight of the event was the official prize presentation ceremony, where Dato’ Cynthia Lim, Executive Director of LBS, personally handed over mock cheques to the lucky winners.

The event attracted over 200 guests, including LBS Perks & Plusses partners, campaign winners, potential buyers, and members of the local community. Guests celebrated Hari Raya in a festive atmosphere filled with joy, unity, and music.

PAHANG STATE ECONOMIC DEVELOPMENT CORPORATION, CHINA GREAT WALL INDUSTRY CORPORATION, AND LESTARI ANGKASA SIGN LETTER OF INTENT FOR SPACE PROJECT COOPERATION IN MALAYSIA

14th April 2025, Pahang State Economic Development Corporation (PKNP), China Great Wall Industry Corporation (CGWIC), and Lestari Angkasa Sdn Bhd (subsidiary of LBS) officially signed a Letter of Intent (LOI) to explore strategic cooperation in the development of space initiatives in Malaysia.

The signing of the LOI took place at Corus Hotel Kuala Lumpur and was witnessed by the Chief Minister of Pahang, YAB Dato’ Sri Diraja Haji Wan Rosdy Wan Ismail, Pahang Investment, Industries, Science, Technology and Innovation Committee Chairman, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib, and LBS Group Executive Chairman, Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San, along with officials from CGWIC.