LBS Bina Group Berhad (LBS) says its shareholders approved the payment of a single-tier first and final dividend of 1.45 sen per ordinary share for the financial year ended December 31, 2020.
The Dividend, amounting to approximately RM22.6 million, will be payable on September 22 to the shareholders whose names appear in the Record of Depositors on August 27.
LBS Executive Chairman Tan Sri Lim Hock San commented that he was content with the positive outcome of the 21 st Annual General Meeting.
“For this year, as at July 31, we have recorded property sales of RM684 million with bookings in the pipeline of RM651 million, and are on track to meet our target launches of 16 projects which have an estimated gross development value of RM2.1 billion.
“From a marketing standpoint, we have certainly adapted as we shifted our focus towards our digital marketing efforts in order to cater to the circumstances we are in. We look forward to continue repaying our shareholders as we take LBS forward,” he added.
