14. LBS Bina Group Berhad

LBS Bina Group Berhad is a property development company listed in Bursa Malaysia, founded by Dato’ Seri Lim Bock Seng in the 1960s. His business journey was inherited by his son, Tan Sri Dato’ Lim Hock San who is an engineer by profession. An interview with this visionary Group Managing Director disclosed that the interest in charity work has consolidated the aim of LBS Bina to be a community and socially responsible developer. His incomparable leadership was verified after he managed to receive few outstanding entrepreneurial recognitions and awards from various authorised institutions. He delineates that in-house construction expertise, management and delivery will limit the reliance on third parties and subsequently enhance the control of cost. Other than that, exceptional business foresights, technical proficiency and immense management experience move in parallel to mould individuals into key leaders. He believes that successful housing developers take customer success seriously – listening to what customers want and innovating across its suite of products. A large development company needs a good handle on business finance to manage the cash flow throughout the life cycle of a project. Another interesting point highlighted by him is the need to build an amiable relationship with the media. Large property companies require coverage and exposure from the media to strengthen the positive image of the business. Admittedly, staff development is also crucial to business success as they are the number one support in effectively growing housing business and delivering excellence to the customers.