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LBS Bina to continue building affordable houses

PETALING JAYA: Against a subdued property market backdrop, LBS Bina Group Bhd is maintaining its strategy of building affordable, middle-cost housing that caters to market demand.

Lim: We expect loan cancellations to continue into 2019 at a similar rate like in 2018.

LBS Bina targets RM1.5bil sales in 2019

PETALING JAYA: LBS Bina Group Bhd is targeting sales of RM1.5bil this year, to be driven by future property launches in Cybersouth in Dengkil, Residensi Bintang Bukit Jalil, and LBS Alam Perdana.

China and US to hold trade talks in Beijing on Jan 7-8

BEIJING: China and the United States will hold vice ministerial level trade talks in Beijing on Jan. 7-8, as the two sides look to end a dispute that is inflicting increasing pain on both economies and roiling global financial markets.

Mr DIY planning RM1.5bil IPO

PETALING JAYA: Mr DIY, Malaysia’s biggest home improvement retailer, is planning to launch an initial public offering (IPO) either in Malaysia or Hong Kong in the fourth quarter of this year, says Creador Sdn Bhd chief executive officer Brahmal Vasudevan.

Going public: Mr DIY employs more than 4,000 workers, with each of its store space encompassing an average of 10,000 sq ft

Ecobuilt secures RM202.5mil KL apartment jobs

PETALING JAYA: Ecobuilt Holdings Bhd, formerly M-Mode Bhd, has secured a RM202.5mil job to build two affordable apartment blocks in Kampung Muhibbah, Bukit OUG, Kuala Lumpur.

The project is expected to be completed by July 3, 2021, Ecobuilt said in a filing with Bursa Malaysia.