MGB Bhd, a subsidiary of LBS Bina Group Bhd, has won two MGB construction safety awards at QUEST 2026. The recognition covers workplace safety and health across its construction projects.
What Are the MGB Construction Safety Awards at QUEST 2026?
The awards went to MGB Construction & Engineering Sdn Bhd for its Central Hub (AP8) and Idaman Perdana projects. Both projects were developed by Kemudi Ehsan Sdn Bhd.
Both wins fall under the Anugerah Keselamatan Cemerlang Kategori Projek Swasta, or Safety Excellence Award – Private Project Category.
QUEST is organised annually by the Construction Industry Development Board (CIDB) Malaysia. It recognises achievements in construction safety and health, environmental sustainability and quality.
What Is the SHASSIC Assessment Behind the Awards?
SHASSIC is an independent assessment system that evaluates occupational safety and health performance at construction sites.
It uses three components: documentation reviews, site inspections and interviews with construction personnel.
The 2026 awards also covered the Quality Assessment System in Construction (QLASSIC), MyCREST and Sustainable INFRASTAR.
How Does MGB Manage Safety on Its Sites?
MGB’s approach sits within its Health, Safety and Environment (HSE) management practices. These include:
- HIRARC (Hazard Identification, Risk Assessment and Risk Control)
- Safety training
- Permit-to-work procedures for high-risk construction activities
- ISO 45001 occupational health and safety management systems
MGB says these measures help it identify risks early and strengthen compliance. They also aim to build accountability across project teams, subcontractors and workers.
What Did MGB’s Leaders Say About the Awards?
Group executive chairman Tan Sri Dr Lim Hock San said: “Safety must never be compromised in the pursuit of progress.”
Datuk Richard Lim, executive director and chief executive officer, said: “From planning and risk assessments to daily site supervision, every decision plays a role in preventing incidents.”
What Does the Award Mean for MGB Shareholders?
The statement does not disclose revenue, profit, order book or dividend figures. The awards therefore cannot yet be measured against MGB’s earnings.
The awards relate to MGB’s construction operations, which sit alongside its property development and IBS precast concrete manufacturing businesses.
Investors may want to watch whether the safety record shows up in MGB’s upcoming results. To compare filings across companies, see AI Stock Analysis for Malaysians.
Key Takeaways
- MGB won two SHASSIC Safety Excellence Awards at QUEST 2026.
- The winning projects are Central Hub (AP8) and Idaman Perdana, with MGB Construction & Engineering as main contractor.
- SHASSIC scores sites through documentation reviews, site inspections and worker interviews.
- MGB’s safety framework includes HIRARC, permit-to-work procedures and ISO 45001.
- The statement gives no financial figures, so check MGB’s next results before linking safety to earnings.
📊 On AI Stock Terminal: MGB quarterly results · MGB announcements
Disclaimer: This article is for information only and is not financial advice or a recommendation to trade any stock. Always do your own research and consult a licensed adviser before investing on Bursa Malaysia.
Frequently Asked Questions
Which company won the MGB construction safety awards at QUEST 2026?
MGB Construction & Engineering Sdn Bhd, a wholly-owned subsidiary of MGB Bhd, received two SHASSIC Safety Excellence Awards. The awards cover its Central Hub (AP8) and Idaman Perdana projects.
What is SHASSIC?
SHASSIC is the Safety and Health Assessment System in Construction, an independent system that evaluates occupational safety and health performance at construction sites. It uses documentation reviews, site inspections and interviews with construction personnel.
Who is the parent company of MGB Bhd?
MGB Bhd is a subsidiary of LBS Bina Group Bhd. MGB describes itself as a construction and property development solutions provider and an IBS precast concrete manufacturer.
Who organises QUEST?
QUEST is organised annually by the Construction Industry Development Board (CIDB) Malaysia. It recognises achievements in construction safety and health, environmental sustainability and quality.
Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Articles & Resources
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
Want to invest in Bursa Malaysia or US markets? Contact Dexter Chia, an AI Driven Remisier who has 2,300+ clients at Malacca Securities Sdn Bhd (M+ Global). M+ Global Invitation Code: UBZQ | WhatsApp: +60169059789 | Why Choose Dexter?
