External broker reports(aggregated public sources), Public Investment Bank Bhd

Public Investment Bank Bhd

Public Investment Bank Berhad provides investment banking services. The Company offers corporate finance, banking, securities financing, capital market, treasury, and advisory services.

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>LBS Bina (LBS) announced that Sejuta Bina Sdn Bhd, an indirect wholly-owned subsidiary of the Group has signed a Joint Venture Agreement with Saga Tunas Sdn Bhd (landowner) to jointly develop six pieces of freehold vacant Malay Reserved Land with total land area measuring approximately 6.97 acres (or 304,408 square feet) located near Sungai Penchala.</li><li>The land, which will be amalgamated into one plot, will then be developed into a mixed development that has gross development value (GDV) of about RM1bn.</li><li>The landowner will be getting RM67m, as part of the land cost, while sharing 10% of the gross profit generated. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

LBS Bina (LBS) announced that Sejuta Bina Sdn Bhd, an indirect wholly-owned subsidiary of the Group has signed a Joint Venture Agreement with Saga Tunas Sdn Bhd (landowner) to jointly develop six pieces of freehold vacant Malay Reserved Land with total land area measuring approximately 6.97 acres (or 304,408 square feet) located near Sungai Penchala.The land, which will be amalgamated into one plot, will then be developed into a mixed development that has gross development value (GDV) of about RM1bn.The landowner will be getting RM67m, as part of the land cost, while sharing 10% of the gross profit generated. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

LBS Bina Group Berhad - RM1bn Mixed Development JV