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MGB posts strong Q3FYE2023 results

PETALING JAYA: MGB Bhd, a construction and property development solutions provider and subsidiary of LBS Bina Group Bhd, announced its third quarter results for the financial year ending Dec 31 (Q3FYE2023).

Malaysia , Petaling , Malaysia-general- , Pangsapuri-saujana-indah , Selangorku-idaman , Idaman-melur , Idaman-sari , Vadtech-value-driven-technology , Bina-group-bhd , Group-bhd , Prestige-residences , Rumah-selangorku-idaman

MGB delivers commendable Q1 results

PETALING JAYA: MGB Bhd, a construction and property development solutions provider and a subsidiary of LBS Bina Group Bhd, announced its first quarter results for the financial year ending Dec 31 (Q1FYE2022).

Bukit-jalil , Malaysia-general- , Malaysia , Russia , Petaling , Ukraine , Ritma-perdana , Residensi-bintang-bukit-jalil , Alam-perdana , Bina-group-bhd , Group-bhd , Mercu-jalil

Brokers Digest: Local Equities - Digital banks, MGB Bhd, Dayang Enterprise Holdings Bhd, Kimlun Corp Bhd

Digital banks KENANGA RESEARCH (SEPT 21): With Bank Negara Malaysia due to award up to five digital banking licences in 1Q22, we recently hosted a knowledge-sharing session on the nature of digital banks (DBs) and what it means to the industry going forward. The session was helmed by Kenanga Investment Bank Bhd director of digital strategy Dr Sekar Jaganathan, head of digital strategy and business development Sarah Lim Fern Chieh and resident financial technology (fintech) specialist Ian Lloyd.

Malaysia , Labuan , Kerteh , Terengganu , Dayang , Kedah , Bukit-bayu , Datuk-hendri-dahlan , Fern-chieh , Selangorku-idaman , Sekar-jaganathan , Ian-lloyd

MGB bags RM443m contract to develop affordable homes in Selangor

KUALA LUMPUR (Feb 17): MGB Bhd has bagged a RM442.81 million contract to construct affordable home projects in Dengkil and Ijok in Selangor.
In a bourse filing, the group said its wholly-owned subsidiary MGB Construction & Engineering Sdn Bhd was awarded the contract by Seloka Sinaran Sdn Bhd (SSSB) and Kemudi Ehsan Sdn Bhd (KESB).
Both SSEB and KESB are subsidiaries of LBS Bina Group Bhd. LBS also owns the majority of MGB shares.
MGB said the projects entail the construction of two blocks of Rumah Selangorku Idaman MBI in Dengkil and Ijok.
Work will commence on March 1 and is expected to be completed on July 31, 2023.

Kuala-lumpur , Malaysia , Dengkil , Selangor , Ijok , Sarawak , Sdn-bhd , Seloka-sinaran-sdn-bhd , Kemudi-ehsan-sdn-bhd , Engineering-sdn-bhd , Rumah-selangorku-idaman

MGB bags RM442.8mil contracts from LBS Bina's units

’s wholly-owned subsidiary MGB Construction and Engineering Sdn Bhd (MGBCE) has bagged two construction contracts worth RM442.81 million involving the Rumah Selangorku Idaman MBI projects.
The first contract valued at RM218.51 million involves, among others, two 25-storey apartment blocks comprising 1,036 units in Dengkil while the other contract worth RM224.30 million involves two blocks comprising 1,044 units in Ijok.
, said the developers of both projects were LBS Bina's subsidiaries -- namely, Seloka Sinaran Sdn Bhd (SSSB) and Kemudi Ehsan Sdn Bhd (KESB).
"With the contracts in hand, the group’s current outstanding order book is approximately RM2.18 billion,” it said in a filing with Bursa Malaysia today.

Kuala-lumpur , Malaysia , Dengkil , Selangor , Ijok , Sarawak , Sdn-bhd , Seloka-sinaran-sdn-bhd , Kemudi-ehsan-sdn-bhd , Bina-group-bhd , Engineering-sdn-bhd , Rumah-selangorku-idaman