Wednesday, January 4, 2012

LBS Bina advances on RM1b annual sales target

KUALA LUMPUR (Jan 4): LBS BINA GROUP BHD [] shares advanced on Wednesday after the company said it was targeting RM1 billion annual ''property sales target in the near term as the company focuses on the various segments of the residential market apart from commercial and industrial PROPERTIES [].

At 9.25am, LBS was up two sen to 80.5 sen with 1.43 million shares done.

Its managing director Datuk Lim Hock San on Tuesday said LBS was expected to achieve property sales of RM800 million and RM 950 million in the financial year ending Dec 2012 and 2013 respectively.

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