Tan Sri Lim Hock San, executive chairman of LBS Bina Group Berhad (LBS), has been awarded the 'Ir', joining the esteemed ranks of Malaysian professional engineers.
An 'Ir' must be registered with the Board of Engineers Malaysia (BEM) and licenced to practise engineering in Malaysia after satisfying all of the prerequisites.
BEM president, Datuk Ir. Ahmad Redza Ghulam Rasool, said that as a statutory body that registers and regulates the engineering profession in Malaysia, it has certified and approved Lim as a professional engineer bearing the title "Ir." for his remarkable achievements and competencies in the engineering fields.
"With his vast experience and invaluable contributions to the engineering and construction industries, he has directly uplifted our nation in the development sector. Tan Sri (Lim) serves as a shining example of a true leader, guiding his organisation towards many successes," he said.
The Institution of Engineers Malaysia (IEM) congratulated Lim, saying that there is no doubt about his qualifications for this well-deserved distinction.
His exemplary accomplishments and profound contributions in the field of engineering exemplify the highest standards of excellence, said IEM past president, Ir Lai Kong Phooi.
"It is with great admiration that I personally assert the importance of Lim's role as an inspirational figure for the younger generation to look up to and emulate.
"As the past president of IEM, I wish to extend my heartfelt congratulations to Lim. He is well-deserved and qualified to be accorded this professional engineering recognition," he said.
"I wish Tan Sri (Lim) well and success in all his engineering undertakings," he said.
Lim, 65, graduated with First Class Honours in Civil Engineering from the University of Wales, the United Kingdom, in 1982.
When he returned to Malaysia, he joined the family business, which at the time included lorry transportation and construction.
Within two decades, the company had grown to encompass investments in real estate development, insurance, and tourism.
On December 6, 2001, Lim was named managing director of LBS.
Lim became the primary leader and spearheaded LBS Group to become one of the top players in the property development sector, thanks to his great entrepreneurship, acquired management abilities, and seasoned technical ability.
Lim was appointed executive chairman of LBS on March 1, 2021, following the retirement of Datuk Seri Lim Bock Seng.
He also holds directorships in several subsidiaries of the LBS Group and is an executive vice chairman of MGB Bhd.
Lim has received outstanding accolades since 1982, in which year he won the second prize in the British Steel Corporation Competition for Design in Hollow Steel Section.
LBS has set a sales target of RM2 billion for fiscal year 2023.
The group ended 2022 with RM2.003 billion in property sales, exceeding its RM1.6 billion sales target by 25 per cent.
Lim said during a media briefing in January this year that the RM2.003 property sales in 2022 demonstrate that the group's developments are located in strategic locations at an affordable price range, which meets the demands of the public.
Furthermore, in 2022, LBS successfully handed over vacant possession (VP) of 2,957 units valued at RM1.27 billion.
This year, LBS intends to launch 12 new projects. With a total gross development value of RM2.09 billion and 4,021 cumulative units across all property categories, these future developments span the Klang Valley, Johor, Pahang, and Perak.