Joint Press Release - Lim Seong Hai Capital Berhad ("LSHCB") and International Islamic University Malaysia ("IIUM"). LSH Capital will provide a research grant totalling RM350,000 for the seven (7) studies, while IIUM conduct the research and deliver findings. The studies will be carried out over a two-year period, from 1 January 2025 to 1 January 2027
In 3QFY25, the Group recorded a revenue of RM121.9 million, gross profit (“GP”) of RM45.1 million and profit after tax (“PAT”) of RM24.9 million, translating to a GP margin of 37.0% and PAT margin of 20.4%, respectively
It reflects LSH Capital’s continued support for preserving and promoting Chinese cultural
traditions as part of Malaysia’s multicultural social landscape.
On 15 July 2025, High Court judge Roz Mawar Rozain ruled that the claims against the LSH entities failed to demonstrate the required specificity in fact and is materially deficient, especially in relation to causes of action of inducement of breach of contract, dishonest assistance and knowing receipt.
For the quarter, the Group recorded a revenue of RM106.6 million, with a gross profit (“GP”) of RM43.5 million and profit after tax (“PAT”) of RM21.7 million, translating to a GP margin of 40.8% and 20.4%, respectively
The topping-off of Tower A marks the successful completion of its structural works and is a major milestone in the project’s construction journey. Most notably, the project has achieved over 2,000,000 man-hours with zero loss time injury
Lim Seong Hai Property Sdn Bhd, proudly hosted the Blood Donation Drive and Wellness Day at LSH33, Sentul on Saturday, 10 May 2025. The event demonstrates the Company’s dedication to Environmental, Social and Governance (“ESG”) and community well-being.
LSH Capital announces the grand opening of TigaTiga @ LSH33 (“TigaTiga”), an exciting neighbourhood mall within Laman Seri Harmoni (“LSH33”) development, located in the heart of Sentul, Kuala Lumpur and handovers a newly built Pusat Agihan Zakat (“PAZA”) building to Majlis Agama Islam Wilayah Persekutuan (“MAIWP”)
The High Court, on 8 April 2025, dismissed Hydroshoppe’s and MKLSB's application for an ad interim injunction to prevent the handover of the concession to LSHSM. The High Court decision affirmed that the concession award to LSHSM is valid, and the refusal to grant the injunction further supports the expiry of MKLSB’s rights under its previous concession
A joint press release under the joint venture, LSH Service Master Sdn Bhd, reaffirming its full commitment to delivering on the trust placed in it by the Government of Malaysia for the operation, management and maintenance of Kuala Lumpur Tower.
“LSH Capital remains committed to maintaining transparency, professionalism, and contributing to the nation's development. LSHSM was awarded the Kuala Lumpur Tower concession through a fair and open RFP process. We will vigorously defend our position while staying focused on delivering excellence,” concluded Tan Sri KC Lim
The lease agreement is entered into by LSH Service Master Sdn Bhd (“LSHSM”), the joint venture between LSH BEST Builders Sdn Bhd (“LSHBB”) and Service Master (M) Sdn Bhd (“SMMSB”), with LSHBB holding a 70% stake and SMMSB holding the remaining 30%
On the opening bell, LSH Capital’s shares opened with a share price of RM0.73, with an opening volume of 2,810,300 shares. The opening price marks a 17% discount to the Public Offering (“Public Offering”) price of RM0.88. Ten minutes into trading, the share price increased back to the RM0.88 Public Offering price.
LSH Capital, through its joint venture LSH Service Master Sdn Bhd (“LSHSM”), has signed a 20-year concession agreement with the Public Private Partnership Unit of the Prime Minister’s Department (“UKAS”) to undertake the operation, maintenance, and management of Kuala Lumpur Tower.
A total of 7,978 applications for 215,908,900 shares with a total value of RM189,999,832 were received from the Malaysian public, which represents an overall oversubscription rate of approximately 11.88 times.
The prospectus launch is in conjunction with LSH Capital’s public offering (“Public Offering”) of 191.0 million ordinary shares at an offering price of RM0.88 per share.
AmInvestment Bank Berhad is the appointed Principal Adviser, Sponsor, Sole Underwriter and Sole Placement Agent for the Public Offering of up to 191,000,000 shares, representing 22.78% of the enlarged share capital of 838,360,208 shares, will be made available for application under the Public Offering.
“The transition to the ACE Market will provide us with the opportunity to enhance our market presence, strengthen our financial position, and unlock new opportunities for expansion. We look forward to building a brighter future for LSH Capital.”