MGB Berhad
Malaysian construction, property development and precast concrete manufacturing group, a subsidiary of LBS Bina Group Berhad.
Last updated September 27, 2026
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Overview
MGB Berhad is a Malaysian construction, property development and manufacturing company established in 2007. It operates as a subsidiary of LBS Bina Group Berhad and describes itself as a provider of construction and property development solutions and a manufacturer of precast concrete products, with a focus on efficient and cost-effective solutions for mass-market and affordable housing in Malaysia. Through its subsidiaries, MGB offers a full range of design, construction and development services including design and build, project management, civil engineering, value engineering, geotechnical specialisation, and manufacturing in Industrialised Building System (IBS) precast concrete products. The group is organised around several divisions, including Construction, Property Development, Manufacturing, International, Industrial Park Development and Government Initiatives. Its project portfolio includes affordable housing such as the Rumah IDAMAN series, urban residences such as Pangsapuri Saujana Indah, and highland homes such as StarLight Residences @ Cameron Highlands. MGB states that it has completed more than 32,000 units of properties, particularly in the affordable homes segment, and more than 12,000 homes using its IBS technology. MGB also has an international presence in the Kingdom of Saudi Arabia, where it operates a precast concrete manufacturing plant in Jeddah capable of producing up to 250,000m3 of precast concrete products including precast wall, hollow core slab, lightweight wall panel, precast column, beam and staircase. In Malaysia, MGB is the developer for the Kertih Terengganu Industrial Park (KTIP), an approximately 1007-acre industrial land development in Terengganu on the east coast. As a public company in Malaysia and a subsidiary of LBS Bina Group Berhad, MGB positions itself around delivering high-quality, innovative and sustainable built environments, with an emphasis on IBS technology, construction efficiency and sustainability. Its official website highlights performance metrics such as savings on construction time, labour cost and onsite labour, as well as annual homes capacity and completed work value.
History
MGB Berhad was established in 2007 and has evolved into a construction and property development solutions provider and manufacturer of precast concrete products. According to its corporate profile, the company primarily focuses on providing efficient and cost-effective solutions across a wide range of industries, in particular building mass-market and affordable living spaces for generational living in Malaysia. It operates as a subsidiary of LBS Bina Group Berhad. Over more than 18 years, MGB has accumulated a track record in design and build to general construction for residential, commercial and industrial buildings as well as infrastructure works. The company states that it has successfully completed more than 32,000 units of properties, particularly in the affordable homes segment, and has completed more than 12,000 homes using its Industrialised Building System (IBS) technology. MGB has expanded into industrial park development as the developer for the Kertih Terengganu Industrial Park (KTIP), prime industrial land measuring approximately 1007 acres strategically located in the east coast state of Terengganu. It has also established an international presence in the Kingdom of Saudi Arabia, where it operates a precast concrete manufacturing plant in Jeddah capable of producing up to 250,000m3 of precast concrete products including precast wall, hollow core slab, lightweight wall panel, precast column, beam and staircase. The group's project portfolio includes affordable housing such as the Rumah IDAMAN series, urban residences such as Pangsapuri Saujana Indah, and highland homes such as StarLight Residences @ Cameron Highlands. Its company events page records ongoing corporate, community and sustainability activities, including annual general meetings, CSR programmes, health and safety briefings, and project milestones such as roof topping and key handover ceremonies for Idaman series developments.
- 2026
Idaman Perdana roof topping and various CSR and AI training events recorded.
- 2025
Idaman Melur key handover, Idaman Cahaya 2 roof topping, and 23rd Annual General Meeting held.
- 2024
Idaman BSP key handover and Idaman Cahaya 1 roof topping recorded in company events.
- 2007
MGB Berhad established.
Products and positioning
Integrated construction, property development and IBS precast manufacturing group focused on affordable and mass-market housing, with an international precast presence in Saudi Arabia.
Rumah IDAMAN Series
Affordable housing for the rakyat, developed under the Rumah IDAMAN initiative to promote homeownership.
Pangsapuri Saujana Indah
Practical urban living designed with families in mind, offering comfort and convenience.
StarLight Residences @ Cameron Highlands
Low-density highland living with 270 attainable units, featuring dual-key enabled units for flexibility and guest convenience.
Kertih Terengganu Industrial Park (KTIP)
Prime industrial land measuring approximately 1007 acres strategically located in the east coast state of Terengganu.
Jeddah precast concrete manufacturing plant
Capable of producing up to 250,000m3 of precast concrete products including Precast Wall, Hollow Core Slab, Lightweight Wall Panel, Precast Column, Beam & Staircase.
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