# MGB Berhad opens first permanent IBS precast concrete plant in Nilai, Malaysia

MGB Berhad, a subsidiary of LBS Bina Group, opened its first permanent Industrialised Building System (IBS) precast concrete plant in Nilai, Negeri Sembilan, with an investment of RM40 million.

- Type: New facility
- Announced: 2019-03-16
- Where: Nilai, Negeri Sembilan, Malaysia
- Value: $9.70M (40.0M MYR)
- Starts operating: 16 Mar 2019
- Status: completed
- Capacity: 4,000 units of properties per year (combined with mobile plant)
- Products: precast concrete panels, concrete wall panels, concrete slabs, columns, beams
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [MGB Berhad](https://endata.com/companies/38075.md)
- [LBS Bina Group Berhad](https://endata.com/companies/38076.md) (partner)

## Sources

- [homefinder.com.my](https://homefinder.com.my/property/news/mgb-opens-first-permanent-ibs-precast-concrete-plant/), 2019-03-18: "The RM40 million investment reflects the company’s commitment to expand further"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.