In its own profit guidance filing, Lian Beng notes that it will not be releasing its financial results announcement for FY2023, pursuant to a waiver granted by SGX-ST on July 18 in relation to its privatisation.
In light of the profit guidance issued by SLB Development, Lian Beng Group says it expects to record lower profits for its FY2023 ended May 31.
SLB Development is a property development subsidiary of Lian Beng.

