Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
What I can say is that, LBS is a long term investment portfolio with good fundamentals, prospects & dividend yield. If you don't have the stomach to hold long term, then best you go somewhere else. This counter is not a get rich fast counter.
3QR result will be out soon within the week. If you still insist on investing in LBS, then I suggest you wait for QR result, read it and make your decision from there.
No news yet on the outcome of the court case on 21st November 2025. Will see later if they will mention it in 3QR result. Should be out by today.
With regards to the Kwasa Development, I think should be able to get majority approval, because it is too big of an opportunity given by EPF to let go. It is going to costs the Company, about RM 1.216 billion in development right costs, but at least it is payable over 10 years, and the land area is consider a prime land area. It will be foolish for shareholders not to approve it.
Can't say for sure yet, but RHB being the principal banker for LBS seems positive to assist in the funding.
LBS keep getting awards, EPF will be instructed to give way for sure, LBS also been doing a lot of charity works, building residential for PDRM, business games, gives and takes, I hope for special bonus again hahahahahaha!