Major project: A scale model of LBS Bina’s Alam Perdana project. The township in Ijok, Selangor, is being built jointly with the Selangor state government.
PETALING JAYA: Shares of LBS Bina Group Bhd
came under selling pressure last week, as investors took profit after the stock surged to a record high on projections that it is expecting to achieve higher sales in 2018.
The stock hit a record high of RM2.47 on Jan 5, on news that the property developer was targeting a 26% year-on-year (y-o-y) growth in sales to RM1.8bil this year.
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