Short position - LBS Bina, Genting, ESG

Is a sale finally happening?

LBS Bina Group Bhd has a long history with a development project in Zhuhai, China going back to 2002.

It’s development in Zhuhai spanning over 250 acres was at one time touted as the uncut diamond of the property developer that specialises in affordable homes. The large tract of land has an award-winning 36-hole golf course and is part of a bigger development of almost 900 acres.