LBS Bina in JV to develop Johor land


KUALA LUMPUR: LBS Bina Group Bhd's 60% subsidiary, Koleksi Sigma Sdn Bhd had entered into a joint development agreement with YPJ Multi Ventures Sdn Bhd to develop four plots of land in Johor. 

In a filing to Bursa Malaysia today, LBS Bina said they were all located at Pulai and would be developed into housing developments and a sewerage treatment plan, with an estimated total development cost of RM587.6mil.

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