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Friday, May 8, 2009

LBS Bina clinches deal for Sepang project

PROPERTY developer LBS Bina Group Bhd has clinched a contract as a project manager to carry out a mixed property development project on 70.81ha in Sepang.

The project, which is being developed by Astana Modal (M) Sdn Bhd, has a gross development value of RM1 billion.

LBS said it expects the development to contribute some RM1 billion income to the company over a period of five years.

By Business Times

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