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LBS Bina falls on stake sale
by hlk Thu 19 Apr 2012, 21:15
LBS Bina Group Bhd, a property developer, fell 1.7 percent to 87.5 sen in Kuala Lumpur trading at 9.36am.
The company signed an agreement to sell between 60 percent and 100 percent of Dragon Hill Corp. for an indicative price of as much as HK$1.65 billion (US$212 million), according to an exchange filing.
Hong Kong-based Dragon Hill has golf and property development projects in Zhuhai, China. -- Bloomberg
The company signed an agreement to sell between 60 percent and 100 percent of Dragon Hill Corp. for an indicative price of as much as HK$1.65 billion (US$212 million), according to an exchange filing.
Hong Kong-based Dragon Hill has golf and property development projects in Zhuhai, China. -- Bloomberg
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