Datuk Seri Lim Bock Seng’s departure will leave a void in the Malaysian Property industry. Those who are new to the industry may not know who he was, let alone his achievements.
But for those who have been in the industry long enough would have come across this prominent corporate figure who was not only successful in his career but also committed to charity work to help the poor.
As one of the notable developers in the property sector, Lim has made a significant impact in many house owners’ lives as he was the driver behind LBS Bina Group Bhd’s (LBS) push to build affordable homes for those who would otherwise be unable to afford a home.
Lim, who served as LBS chairman since Dec 6, 2001, has been involved with the group for over 40 years. He was pivotal in transforming LBS from a business initially involved in transportation activities into one of the nation’s formidable property builders.
LBS was primarily supplying and transporting building materials like sand and aggregates for construction and infrastructure works.
Lim, who retired as chairman on March 1 this year, will be remembered for his visionary leadership and focus on innovation to position LBS for continued long-term growth. This remarkable legacy will benefit future generations.
Upon his retirement, Lim said: “Together, we have been through the numerous peaks and troughs of the business cycles, particularly the Asian financial crisis, just before we were listed. Upon my retirement, I strongly believe LBS will be in good hands.”
The founder and former chairman passed away on March 28. He was 90 years of age.
Lim was an inventive and visionary leader who, above all, lived the company’s core values with a true passion for people and an exceptional commitment to clients, said Tan Sri Lim Hock San, who is the son and executive chairman of the group.
“We are deeply saddened by the loss of our founder and my father. He was an outstanding advocate for creating a culture of equality at LBS. His energy, drive, and leadership will be greatly missed,” he said.