LBS Bina signs JV agreement for RM1bil mixed development


KUALA LUMPUR: LBS Bina Group Bhd’s wholly owned subsidiary, Sejuta Bina Sdn Bhd has signed a joint venture agreement (JVA) with Saga Tunas Sdn Bhd to jointly develop six pieces of freehold vacant Malay Reserved Land.

In a filing with Bursa Malaysia, LBS said the land measuring 6.97 acres (304,408 square feet) held under six individual titles all in Mukim Kuala Lumpur, Tempat Sungai Penchala, Daerah Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.

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LBS Bina , property , Joint Venture

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