LBS Bina Group Bhd will gain a firm foothold in the vast and lucrative China recreation and property market when it exercises its call option to take back three joint venture projects in Zhuhai.
The group inherited a racing circuit, a 36-hole golf course and a parcel of development land from Instangreen Corp Bhd when it undertook a reverse takeover of the debt-laden company in 2002.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!