For Immediate Release

LBS POSTS SOLID Q3FYE2021 RESULTS

• Total property sales (22 November 2021: RM1.10 billion) translates to 92% of 2021 sales target (RM1.2 billion)
• 20 on-going projects with a Gross Development Value of RM5.65 billion
• Unbilled sales of RM2.17 billion

Petaling Jaya, 23 November 2021 – LBS Bina Group Berhad (“LBS” or the “Group”) today announced its third quarter results for the financial year ending 31 December 2021 (“Q3FYE21”).

For the quarter under review, LBS delivered a profit before tax of RM34.0 million and profit after tax of RM20.0 million, a quarter-on-quarter increase of 34.5% and 3.2% respectively. To add on, revenue and profit after tax and minority interest (“PATMI”) clocked in at RM254.0 million and RM18.1 million respectively, despite a quarter whereby sales and construction progress were impacted by COVID-19 related restrictions and the re-implementation of the Full Movement Control Order. The Group reported that development projects within the Klang Valley accounted for more than 81% of the Group’s revenue for the nine months ended 30 September 2021 (“9MFYE21”).

The nine months ended 30 September 2021, revenue and PATMI surged by 15.0% and 153.7% to RM922.4 million and RM60.0 million respectively, as compared to the corresponding period in 2020. The 9MFYE21 PATMI has surpassed 2020’s total PATMI of RM51.3 million. The increase was largely attributable to the positive take-up rates and steady construction progress of the Group’s ongoing development projects at KITA @ Cybersouth, LBS Alam Perdana, Alam Awana Industrial Park, Residensi Bintang Bukit Jalil and Cameron Centrum. LBS’ cash and cash equivalents for 9MFYE21 stood at RM197.4 million, an increase of 30.4% compared to 9MFYE20.

The Group further announced that it currently has 20 on-going development projects with an estimated Gross Development Value (“GDV”) of RM5.65 billion, land bank for future development of 2,794 acres with an estimated GDV of RM24.3 billion and unbilled sales of RM2.17 billion.

Commenting on the results, LBS Executive Chairman Tan Sri Lim Hock San said, “LBS has been able to sustain its earnings growth as a result of carefully planned launches and the team’s relentless effort to push forward with garnering sales and bookings despite the effects of the Covid-19 pandemic. We therefore have been rewarded with a profitable quarter and we hope to keep this going into the final turn of 2021.

As of 22 November 2021, we have secured RM1.10 billion in sales and total bookings in the pipeline of RM950.2 million. Against the bigger picture, we have achieved 92% of our 2021 sales target which is set at RM1.2 billion. This illustrates that we are building in the right areas and delivering affordable housing which satisfies the needs of the general public. As reported by the Housing Bureau Statistics, Malaysia still has a shortage of 1 million units of affordable residential housing. On the back of this, we recently launched Prestige Residence in Seri Kembangan and landed houses in Kita Mesra at KITA @ Cybersouth, whereby we have seen encouraging sales. We are also supportive of the Selangor state government’s plan to build 30,000 affordable homes in strategic locations by 2025. We are launching six Rumah Selangorku Idaman MBI projects which will be constructed using IBS precast concrete, and we hope to be able to work together with the Selangor State Government to build more affordable housing in Selangor in the future.

He added, “While the outlook for the property sector is expected to remain challenging, we are encouraged by Malaysia’s return to normalcy, having achieved over 90% vaccination rate among the adult population. Based on data released by the National Property Information Centre, there was an 18.5% increase in the number of transactions for properties below RM500,000 in the first half of 2021, compared to the corresponding period in 2020. This is a positive sign for the property sector, in particular for affordable housing, as it provides an optimistic view that the property market is on track for recovery.”

For more information, please visit https://lbs.com.my/.

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即时发布

林木生集团2021 财年第 3 季业绩稳健

• 截至2021年11月22日，房地产销售额达11亿令吉，占2021全年销售额目标12亿令吉的的92%
• 20项进行中发展项目，发展总值约56.5亿令吉
• 未进账销售达 21亿7000万令吉

（八打灵再也23日讯）林木生集团（LBS）今日公布截至12月31日2021财年第三季业绩。

林木生集团第三季税前盈利为3400万令吉，税后盈利为2000万令吉，分别按季扬升34.5%和3.2%。该集团汇报，尽管第三季的销售和建设进度受到疫情相关的限制和全面行管令（FMCO）的影响，仍取得2亿5400万令吉营业额，以及1810万令吉税后盈利与少数股东权益（PATMI）。截至2021年9月30日的首9个月的营业额，巴生谷发展项目就贡献了超过81%

首9个月，营业额按年上升15%至9亿2240万令吉；税后盈利与少数股东权益（PATMI）激增153.7%至6000万令吉，比2020全年5130万令吉PATMI还要高。增长主要归功于该集团的多项发展中项目，包括在 KITA @ Cybersouth、LBS Alam Perdana、Alam Awana Industrial Park、Residensi Bintang Bukit Jalil、以及Cameron Centrum的强劲认购率和稳步建设进度。该集团首9个月現金及現金等值为1亿9740万令吉，比去年同期增长了30.4%。

该集团目前有20个进行中的发展项目，发展总值（GDV）为56亿5000万令吉。同时，手持2794英亩地库，发展总值为243亿令吉，而未进账销售为21亿7000万令吉。

林木生集团执行主席丹斯里林福山指出：“尽管受到新冠疫情影响，本集团仍能保持盈利增长，是基于精心策划发展项目，以及团队不懈努力推动房地产销售和预订。这带动我们在第三季获利，并有望在今年末季持续正面势头。”

“截至2021年11月22日，我们已获得11亿令吉销售额，预定额为9亿5020万令吉。从大局看来，我们已实现2021全年12亿令吉销售额目标的92%。这说明我们进行了正确的地区建造，并提供满足公众需求的可负担房屋。据房屋部统计，大马仍短缺100万间可负担房屋。因此，我们最近推介位于史里肯邦安 的Prestige Residence，以及KITA @ Cybersouth城镇的有地房屋KITA Mesra，并且已看见令人鼓舞的销售表现。我们也支持雪兰莪州政府至2025年在战略地点建造3万间可负担房屋的计划。我们将推出6项 ‘我的雪兰莪MBI梦之家’ (Rumah Selangorku Idaman MBI) ，使用工业化建筑系统（IBS）预制构件技术建造。我们希望未来能与雪州政府继续合作，共同发展更多可负担房屋。”

他补充：“虽然房地产领域前景预计仍充满挑战，但我们对大马各方面正恢复常态感到鼓舞，成年人口也已实现超过90%疫苗接种率。据国家房地产资讯中心（NAPIC）公布的数据，2021年上半年50万令吉以下房产的交易数量，比去年同期高出18.5%。这对房产业来说，是个正面信息，尤其可负担房屋方面，显示房市正在复苏。”

预知更多详情，请游览https://lbs.com.my/。

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For Immediate Release

LBS BINA LAUNCHES A NEW PHASE OF KITA @ CYBERSOUTH
KITA Mesra Sets to Be the Next Successful Residence

Petaling Jaya, Selangor, 16 November 2021 – LBS Bina Group Berhad (LBS) today unveils KITA Mesra, another affordable landed homes with a total of 646 units comprising of 3 property types, Townhouse, Double Storey as well as Single Storey Terrace Houses which will set to launch first, with an estimated Gross Development Value (GDV) of RM309 million. Previous phases within KITA @ Cybersouth has proven time after time to be a hit with its exceptional take-up rate of up to 90% for almost all units that were released from one phase to another.

LBS Executive Chairman, Tan Sri Lim Hock San said “KITA Mesra is yet another neighbourly residence that is set to follow the footsteps of KITA @ Cybersouth township, fulfilling the homeownership dreams of fellow Malaysians, with affordable pricing for new family starters. We believe that even with the ongoing pandemic, the demand for landed properties will continue to surge and this project can benefit buyers with its reasonable price range as well as value for investments in the long term,”

Mesra means ‘Friendly’. KITA Mesra, sited on a Malay Reserved Land, is built with an open space concept, ample space on the exterior, surrounded by green lungs and parks, ideal for outdoor activities and recreational endeavours to create friendly vicinity. Safety is also an integral focus for KITA Mesra where it is gated and guarded, with CCTV, access card via guardhouse and perimeter patrol for total security of residents. KITA Mesra is built with first-time homebuyers, particularly growing families, in mind, positioned near Putrajaya and Cyberjaya while providing easy access to major highways as well as amenities, all of which are pivotal features of a self-sustaining residence. Built with family-bonding and community living as its primary intend, KITA Mesra is equipped with a plethora of facilities such as community hall, open courtyard area, jogging and cycling tracks, multi-purpose courts, reflexology garden, barbeque pods, just to name a few, perfect for an array of recreational and community activities.

KITA Mesra is one of the participating projects for the Vacci-Nation Bonanza campaign which has been further extended till the end of the year. In this campaign, LBS will be giving out a total of RM671,120 cash incentives and extra cash incentives of up to RM334,500 for those who are in line for vaccination or have been vaccinated. Also, in the 1st round of the LBS Fabulous 20-21 campaign lucky draw, LBS Bina has recently given away prizes worth RM445,000 with the Proton X50 as the grand prize. KITA Mesra homebuyers who place their booking by end of 2021 will be entitled for the 2nd round of the lucky draw with even more amazing prizes such as the Proton X70, Persona, Iriz, Exora valued at RM750,000 to be won.

For more information on KITA Mesra, please visit us at https://virtualfair.lbs.com.my/township/cybersouth/ or contact 1700 81 8998.

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即时发布

林木生集团KITA @ CYBERSOUTH城镇迎新阶段
KITA Mesra单层排屋成另一辉煌房屋发展

（八打灵再也 16日讯）林木生集团（LBS）今天正式推介KITA Mesra单层排屋，另一项位于 KITA @ Cybersouth 城镇的可负担有地房屋发展。KITA Mesra涵盖3款房屋，即单层排屋、双层排屋、以及城市排屋，整个KITA Mesra合计646间，发展总值 （GDV）共约3亿900万令吉。KITA @ Cybersouth 城镇前几个阶段的发展都获得市场热烈反应，整体认购率超越90%。

林木生集团执行主席丹斯里林福山表示：“KITA Mesra是另一个邻里住宅，为刚组织小家庭提供价格实惠的房屋，协助国民圆梦拥有房屋。我们相信，即使在疫情之下，有地房地产的需求将继续成长。该项目将以其合理价位，以及长期的投资价值，让买家受益。”

“Mesra”意指友好。位于马来保留地的KITA Mesra，以开放空间概念建造，提供充足的外部空间，周围环绕着绿肺和公园，适合户外和休闲活动，营造友好的环境。该项目也着重居所安全，备有门卫保全、闭路电视、警卫室、门禁卡以及周边巡逻，确保居民安全。

KITA Mesra专为房屋首购族，尤其是成长中的家庭而设，特别是向往布城和赛城附近的有地房产。此项目交通便捷，可轻松通过主要高速道路链接，并提供便利设施，这些都是打造自给自足城镇的关键。
着重家庭联系与社区生活的KITA Mesra，配备社区中心、社区会堂、开放式庭院区、慢跑和脚车道、多功能厅、足底按摩花园、烧烤处等设施适合各种休闲和社区活动。

值得一提的是，KITA Mesra也是Vacci-Nation Bonanza市场营销活动下的其一房屋项目。延长至今年底的Vacci-Nation Bonanza下，购买该集团旗下特定房屋的买家，将享有超过67万1120令吉现金优惠。同时，已经注册或接种疫苗的买家，亦可享有高达33万4500令吉现金优惠。

此外，买家还可参与LBS Fabulous 20-21幸运抽奖。该集团近期在第一轮幸运抽奖活动中，送出总值44万5000令吉奖品，包括大奖Proton X50。年底之前选购KITA Mesra的买家，将有资格参加第二轮抽奖。次轮抽奖奖品同样诱人，送出总值约75万令吉奖品，包括Proton X70、Persona、 Iriz、以及Exora轿车。

欲知更多KITA Mesra 相关信息，请浏览我们的虚拟陈列室 KITA @ Cybersouth城镇网站https://virtualfair.lbs.com.my/township/cybersouth/ 或联络热线1700 81 8998。

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For Immediate Release

LBS’ COMMENTARY ON MALAYSIA’S BUDGET 2022

Petaling Jaya, 1 November 2021 – LBS Bina Group Berhad (“LBS” or the “Group”) applauds the Government’s focus on healthcare spending, job creation and economic recovery following the tabling of Budget 2022 by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz in Parliament on 29 October 2021.

Most notably for the property sector, LBS welcomes the Government’s removal of real property gains tax on properties sold after six years from when it was first acquired. As it has been widely anticipated by the general public, LBS believes this is an important move to stimulate the secondary property market and encourage long-term investment. The public would be more receptive towards home upgrades and owning a property.

To add on, LBS appreciates that the Government has placed the lower-income households at the forefront of Budget 2022 by providing RM2 billion in guarantees under the Housing Credit Guarantee Scheme for those without a steady income. This improves the accessibility of gig-workers, small-time business owners and farmers towards obtaining housing loans and owning their own home, which LBS as a leading affordable housing developer strives to provide.

The extension of personal income tax relief of up to RM1,000 for domestic tourism expenses up to the year of assessment 2022 is beneficial to encourage tourism within Malaysia. This is in particular since LBS has earlier this year re-opened to tourists its own SCAPES Hotel in Genting Highlands. The effective re-opening of the tourism sector translates to a positive multiplier effect for the economy

Commenting on Budget 2022, LBS Executive Chairman Tan Sri Lim Hock San said, “The initiatives under Budget 2022 appear balanced with the aim of assisting businesses and the rakyat towards economic recovery post-pandemic. The Government has not introduced any additional taxes to burden families, which bode well for LBS as there is a greater opportunity for more funds to be channelled towards the property development sector. Overall, we laud the Government’s efforts in proposing a budget that is strong and proactive as we continue to work towards reviving the property market.”

For more information, please visit lbs.com.my.

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即时发布

林木生集团对2022年财政预算案给予看法

（八打灵再也1日讯）林木生集团（LBS Bina Group Berhad）赞扬我国财政部长拿督斯里东姑扎夫鲁在2021年10月29日提呈的财政预算案举措，着重医疗保健的支出、创造就业机会、以及经济复苏。

针对预算案中的房地产领域措施，林木生集团对脱售持有6年以上产业者，豁免征收产业盈利税（RPGT）表示欢迎，将刺激二手房屋市场，并鼓励长期投资。这有助于公众寻求升级房屋和拥屋。

此外，该集团赞赏政府在预算案中关注低收入家庭，在房屋信贷担保计划下，为无稳定收入者提供 20 亿令吉的担保。这将协助零工、小企业家及农民获得房贷，持有安乐窝。作为领先可负担房屋发展商，林木生集团将持续致力于协助国人拥屋。

另外，在本地旅游相关的开销，可享有最高1000令吉的个人所得税减免，再延长1年，有助于振兴本地旅游业。该集团位于云顶高原的静怡酒店（SCAPES Hotel） 将从中受惠。旅游业的有效重新开放，将对经济产生正面的乘数效应。

林木生集团执行主席丹斯里林福山针对 2022 年财政预算案指出： “此预算案下的举措，旨在帮助企业和人民在后疫情时期实现经济复苏。政府没有增加额外税收加重家庭负担，将有利于本集团，因为有更大的机会让更多资金流向房地产发展领域。总的来说，我们赞扬政府提呈强而有力的预算案，我们将继续努力振兴房地产市场。”

预知更多详情，请浏览 lbs.com.my。

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