LBS INKS MoU WITH SANY GROUP ON RM11BIL PROJECTS

LBS executive chairman Tan Sri Lim Hock San (right) signed the MoU on behalf of LBS, while SANY Group was representd by its president Tang Xiu Guo.

BEIJING: Property developer LBS Bina Group Bhd has announced that it has entered into a memorandum of understanding with SANY Group Co Ltd, a global leader in the engineering machinery manufacturing industry.

China-based SANY Group, ranked by Forbes as the 468th largest company in the world, is the world’s second largest heavy equipment manufacturer and known for their innovative and high-quality products.