LBS Bina Group Berhad Announces Redesignation of Yong Lei Choo from Independent and Non Executive Member of Nomination and Remuneration Committee to Independent and Non Executive Chairman of Nomination and Remuneration Committee

LBS Bina Group Berhad is an investment holding company. The Company’s segments include Property development, Construction and trading, Management and investment, Motor racing circuit, Hotel, and Others. The Property development segment is engaged in the development of residential, industrial, and commercial properties. The Construction and trading segment is engaged in design and build, civil engineering, general construction, piling activities, trading of construction materials and manufacturing of industrialized building system (IBS) precast concrete products. The Management and investment segment is engaged in investment holding and provision of management services. The Motor racing circuit segment is engaged in racing circuit development and management. The Hotel segment includes hotel operations. The Others segment includes car park management, retail mall operations, provision of finance through money lending services and treasury management services.