Case Studies

LBS Bina Group Berhad

LBS Bina Group Berhad is a public company listed on the Main Market of Bursa Malaysia Securities Berhad in 2002 and mainly engages in the development of residential and commercial properties primarily in Malaysia and the People's Republic of China. It also offers turfing and landscape contracting, insurance agency, building, project planning, implementation contracting, project consultancy, civil engineering services, and involved in the development, management, and operation of golf courses and club house.

The Group has land bank of 2,500 acres with an estimated total Gross Development Value (GDV) of more than RM8.7 billion. 15 on-going projects with a total GDV of about RM968 million are presently being carried out in Klang Valley and Cameron Highlands. 

LBS diversified business investments extend to resort and hospitality industry. Through a Sino-foreign joint venture with a local partner, LBS shares 60% profits in Lakewood Golf and Country Club, an award winning 36-hole golf course in Zhuhai, China. Additionally, LBS is also the management company of the Zhuhai International Circuit, a prestigious car racing site of international recognition which is visited by many from around the world.

UHY SERVICES

We tailored the services we provide according to the size and nature of LBS Bina Group Berhad. As the Auditor, the Kuala Lumpur audit team services LBS Bina Group Berhad in the following:

  • Audit
  • Monitoring Accountant
  • Reporting Accountant
  • Taxation

Our approach to LBS Bina Group Berhad emphasizes on proactive communication. We keep LBS' key stakeholders fully engaged with every step of the audit, including their obligations and the timing of each stage.

Why UHY

Our UHY team has extensive experience in handling relevant services for several key construction industry players. This in-depth insight to the construction business and a broad understanding of the factors affecting such businesses naturally made UHY the right choice for LBS.