Petaling Jaya, 3rd January 2012- property Developer unveiled its strategic plan in achieving its 2012 sales target to RM 800 million.
According to LBS Managing Director Dato’ Lim Hock San, 2012 would be a challenging year globally but believes that demand for property in Malaysia will remain strong as process continue increasing although at a lower rate.
Dato' Lim Hock San Having charted 37% Sales in 2011, this segment will continue to generate strong sales as My First Home Scheme and other government initiatives will no doubt facilitate property ownership for young Malaysian.
LBS MD Dato' Lim Hock San flanked by Executive Directors Cynthia Lim and Allan Chia
Dato’ Lim Hock San added that as part of their Multi-Prong strategy, they will aggressively develop not just residential homes but also non- residential property.
The group held an EGM today to announce a share buy-back of up to 10% of its own issued and paid up share capital.
