MGB Bhd announces exciting venture expansion into the Kingdom of Saudi Arabia


  • Nation
  • Friday, 28 Jul 2023

(front left), MGB executive director and chief executive officer Datuk Richard Lim Lit Chek, signing on behalf of MGB, and SANY Alameriah Industrial board member Mohammed Bandar M Alamre (front right). (back row, from left) The signing was witnessed by undersecretary of the Ministry of Municipal and Rural Affairs and Housing for Housing Supply and Real Estate Development Abdulrahman Al-Taweel, LBS executive chairman Tan Sri Ir. Lim Hock San, investment assistant minister H.E Ibrahim Youssef Almubarak, and SANY Alameriah chairman Bandar Mohammad A, Al Amre.

PETALING JAYA: MGB Bhd, a construction and property development solutions provider and subsidiary of LBS Bina Group Bhd, has entered into a joint venture agreement with SANY Alameriah Industrial (SA), through its subsidiary, MGB International for Industry (MGBI).

SA is a branch of SANY Alameriah For Construction Co. Ltd. (JVA).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Bung Moktar acquitted of RM2.8mil graft case
Thunderstorms expected in Selangor, Sabah, Sarawak and Labuan until noon
Umno pays tribute to Pak Lah and Bung at general assembly
Start the Lunar New Year with smart property investments
Allocation insufficient to address rising cost of maintaining Lok Kawi Wildlife Park, says Sabah Tourism Minister
Flood victims in Sarawak drop to 427
RM4bil drug seizures last year set new benchmark for NCID, says director
Umno flag hoisted to officiate general assembly
MACC to wrap up two Army graft cases soon
Govt green-lights RM4.3bil for 13MP projects in Kedah

Others Also Read