LBS subsidiary Sinaran Restu S/B, just entered into an SPA with Asiana Square S/B for the disposal of 2 parcel of empty land in Johor. Land size is about 8,267 Square Meters or approximately 2 acres.

Total cash considerations RM 110 million. LBS is expected to realised an approximate gain of RM 45 million from this deal, in financial year 2025.

We can expect higher dividend payout. :)