For Immediate Release LBS BAGS TWO RECOGNITIONS AT SOUTH EAST ASIA PROPERTY AWARDS 2016 Home-grown Property Developer Gains Recognition For BSP21 and CSR Petaling Jaya, 15 August 2016 LBS Bina Group Berhad (LBS Bina) recently gained two recognitions at the prestigious South East Asia (SEA) Property Awards 2016. The home-grown property developer, received the Special Recognition in Corporate Social Responsibility (CSR) Award, and its BSP21 development received the Highly Commended recognition under the Best Mid-Range Condo Development (Central Malaysia) Award. LBS Bina Managing Director, Tan Sri Lim Hock San who viewed the achievements as another feather in the Group s cap said, We are extremely happy and honoured to bring home two recognitions for the Group. Winning the Special Recognition in CSR Award was the icing on the cake and a testament to LBS Bina s well-rounded approach in delivering quality developments while proactively contributing to the development of society. This award has been made possible thanks to our dedicated LBS team, supportive stakeholders and the continuous trust our home buyers have in us. Being a responsible home-grown property developer, it has been our personal mission to deliver high quality developments by first understanding, then meeting the needs of Malaysian home buyers. BSP21 was developed specifically with this in mind, Tan Sri Lim added. Mr Terry Blackburn, Founder and Managing Director of the Asia Property Awards and Property Report presented the awards to LBS Bina Executive Director, Dato Cynthia Lim, at the SEA Property Awards 2016 Gala Dinner and Awards Ceremony held in Kuala Lumpur. 1
Photo 1: LBS Bina Group Berhad Executive Director, Dato Cynthia Lim (right) accepted the Special Recognition in Corporate Social Responsibility (CSR) Award and the Highly Commended Best Mid-Range Condo Development recognition for BSP21 at the SEA Property Awards 2016 from Founder and Managing Director of the Asia Property Awards and Property Report, Mr Terry Blackburn (left). LBS Bina bagged the Special Recognition in Corporate Social Responsibility (CSR) Award for its significant contributions in developing communities. LBS Bina s role in contributing to the nation s affordable housing agenda through the Group s Rumah SelangorKu and Perumahan Penjawat Awam 1 Malaysia (PPA1M) projects further proved the Group s strength in social responsibility. LBS Bina also showcased exemplary dedication in other areas such as community engagement initiatives for its Bandar Saujana Putra township residents, charitable donations to the Kiwanis Down Syndrom Foundation National Centre and The Community Centre for the Deaf among others, promotion of art and culture through its Melaka Cultural and Trade Centre in Zhuhai, China, nurturing and retaining talent through strong employee motivation and development 2
processes, as well as promoting environmental responsibility as the sponsor of the Anugerah Hijau (Green Awards) Green Space category since 2013. LBS Bina s signature BSP21 development, which was pitched against other developments in the states of Selangor, Pahang, Negeri Sembilan and Terengganu, impressed the judging panel to take home the Highly Commended recognition for the Best Mid-Range Condo Development (Central Malaysia). Launched in December 2014, BSP21, which comprises a total of 2,602 residential units, has a gross development value (GDP) of RM1.4 billion and a total development land area of 21.14 acres. With an average of RM470 per sq. ft., this lifestyleoriented serviced apartment development is built on three individual podiums. For seamless mobility, LBS incorporated high-tech architectural elements which connect these podiums to other precincts within the Bandar Saujana Putra Township via link bridges. Cleverly maximising the utilisation of space, the development innovatively incorporated open spaces that balance the concentration and density of each block. Set for completion in December 2018, BSP21 also has over 70 recreational facilities and amenities, which include a 66,000 sq. ft. clubhouse occupying four levels. BSP21 is located in the township of Bandar Saujana Putra (BSP) which has approximately 9,106 homes completed to-date and 1,868 homes currently being developed by the Group. This self-contained township, is easily accessible and conveniently connected via major expressways including the LDP, ELITE, Shah Alam, KESAS, SKVE and Maju Expressway (MEX), it is within minutes of Petaling Jaya, Sunway, USJ, Subang Jaya, Seri Kembangan, Shah Alam, Cyberjaya and Putrajaya. In its sixth year, the SEA Property Awards 2016 is the region s biggest and most respected real estate awards that recognises and celebrates only the best achievers from the world s most dynamic markets, including Singapore, Malaysia, the Philippines, China, Myanmar, Indonesia, Cambodia, and Vietnam. A total of 32 awards grouped into four main categories namely, the Developer Awards, Design Awards, Development Awards and Best of the Best were presented to top projects and developers from around the region. Organised by PropertyGuru, Asia s leading online property portal group, the awards served as the grand finale for the ASEAN strand of the 11-year-old Asia Property Awards series. Over the years, LBS Bina has established itself as an award-winning developer. More recently at the Asia Pacific Property Awards (APPA) 2015, LBS Bina bagged the top award for three categories namely the Five Star Development Marketing, Malaysia for its BSP Township, Highly 3
Commended Apartment, Malaysia for BSP21 and Five Star Architecture Single Residence, Malaysia for its Barrington Homes development in Cameron Highlands. For more information on the award-winning BSP21 in Bandar Saujana Putra, visit www.bsp21.com.my. About LBS Bina Group Berhad LBS has a distinct pedigree which dates back to 1980s when Dato Seri Lim Bock Seng - a young and aggressive man with vision - founded the original construction business in Petaling Jaya. After a decade of rapid growth, LBS set its sights higher and ventured into the property development sector in 1992 where it started its first project, the Jelapang Maju Light Industrial Park in Ipoh, Perak. After taking over the baton from his father, Tan Sri Lim Hock San has grown and developed LBS into one of the major players in property development in Malaysia. LBS Bina Group Berhad (5789) was listed on the Main Board of Bursa Malaysia Securities Berhad in 2002 with business expanded to Zhuhai, the People s Republic of China. Under the leadership of Managing Director, Tan Sri Lim Hock San, the Group re-strategised its business model, and launched a brand new image, identity and direction as part of its long term objective to be an internationally recognised developer, building and inspiring lifestyle spaces that enhance community living. To mark this new direction, the Group has extended its portfolio of quality homes to the high-end market and has embarked on a progressive journey of change, which includes the areas of product, customer experience, after-sales services, sustainability, green technology and design. In recognition of his entrepreneurship, Tan Sri Lim was awarded the Asia Pacific Entrepreneur of the Year Award 2012 by Enterprise Asia. In July 2012, as an acknowledgement of his active involvement in the development of Zhuhai City, China, Tan Sri Lim Hock San was appointed a committee member of the Zhuhai Municipal People s Political Consultative Conference (Zhuhai CPPCC). Under the stewardship of Tan Sri Lim, the Group was awarded the Best Company for Leadership of Property Development at the 2014 International Alternative Investment Review (IAIR) Awards. Another exemplary accomplishment of Tan Sri Lim was the conferment of The Brand Laureate Hall of Fame Lifetime Achievement Brand ICON Leadership Award 2015. Tan Sri Lim was presented the award in recognition of his perseverance through many years, resilience that has withstood the test of time, demonstration of strong leadership, deep industry knowledge and impeccable values of integrity and responsibility through LBS. In appreciation of his contribution to the lasting relationship between Malaysia and China, Tan Sri Lim was conferred the Lifetime Achievement Award 2015 during the World Chinese Economy Summit 2015 (WCES). The World Economic Summit honours entrepreneurs for their dedication, selfless service and innovative leadership. LBS marked new milestones in 2016, as the company was awarded the 5 Star Best Development Marketing Malaysia award for its lifestyle-concept development BSP21, and the 5 Star Interior Design Show Home Malaysia award for its Corallia semi-detached homes, at the prestigious Asia Pacific Property Award (APPA) 2016. LBS also clinched the BrandLaureate Most Valuable Brand Award for Property Industry 2016 award in recognition of its esteemed reputation as a trusted property developer at the BrandLaureate Best Brands Awards 2015 2016. 4
~ end ~ 5