Company IGB

Equities

IGBB

MYL5606OO008

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Annual profits - Rate of surprise

Sector Retail Real Estate Development

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
2.49 ^MYR	0.00%		0.00%	+13.18%

Apr. 23	IGB Buys Back 2 Million Shares	MT
Apr. 01	IGB Buys Back Shares	MT

IGB Berhad is a Malaysia-based property company, which is engaged in all aspects of the property industry. The Company is engaged in investment holding and the provision of management services. Its segments include Property Investment - retail, Property investment - commercial, Hotel, Property development, Construction and Others. Its principal activities consist of property investment and management, owner and operator of malls, hotel operations, property development, construction, selling and distribution of utilities, information and communication technology services, provision of engineering services for water treatment plants and related services, education, investment holding and management of real estate investment trusts. It is engaged in the development and sale of condominiums, bungalows, linked houses, shop lots and office suites and project management services. Its retail business consists of Mid Valley Megamall, The Gardens Mall and The Mall, Southkey Megamall in Johor.

MYR in Million	2021	Weight	2022	Weight	Delta
Property Investment - Retail 55.5 %	487	52.3 %	716	55.5 %	+47.13%
Property Investment - Commercial 14.3 %	169	18.2 %	185	14.3 %	+9.51%
Hotel 13.1 %	51	5.4 %	169	13.1 %	+233.96%
Others 11.5 %	152	16.3 %	148	11.5 %	-2.45%
Property Development 5.6 %	72	7.7 %	73	5.6 %	+1.24%

MYR in Million	2021	Weight	2022	Weight	Delta
Malaysia 100.0 %	930	100.0 %	1,291	100.0 %	+38.84%

Managers	Title	Age	Since
Boon Lee Tan CEO	Chief Executive Officer	60	22-08-28
Lai Sim Chai DFI	Director of Finance/CFO	64	18-03-15
Lei Cheng Tan CHM	Chairman	68	00-09-19
Chung Meng Tan BRD	Director/Board Member	72	14-12-07
Chui Lang Goh HRO	Human Resources Officer	-	-
Christine Ong AUD	Comptroller/Controller/Auditor	-	01-03-31
Hock Kheng Lim PRN	Corporate Officer/Principal	74	96-10-31
Yeng Keet Chow PRN	Corporate Officer/Principal	-	18-03-15

Members of the board	Title	Age	Since
Lei Cheng Tan CHM	Chairman	68	00-09-19
Boon Lee Tan CEO	Chief Executive Officer	60	22-08-28
Chung Meng Tan BRD	Director/Board Member	72	14-12-07
Chaing Huat Lee BRD	Director/Board Member	71	14-12-07
Kok Kwan Lee BRD	Director/Board Member	59	22-02-24
Zaha Rina binti Zahari BRD	Director/Board Member	63	18-05-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,358,139,887	291,283,132 ( 21.45 %)	10,326,198 ( 0.7603 %)	21.45 %

Name	Equities	%	Valuation
Tan Chin Nam Sdn. Bhd. 27.94 %	379,418,655	27.94 %	196 M RM
Wah Seong (Malaya) Trading Co. Sdn. Bhd. 15.73 %	213,684,459	15.73 %	111 M RM
Tan Family 8.360 %	113,544,529	8.360 %	59 M RM
Bank Julius Baer & Co. Ltd. (Singapore) 4.144 %	56,280,473	4.144 %	29 M RM
Public Mutual Bhd. 3.740 %	50,794,477	3.740 %	26 M RM
Boon Seng Tan 3.044 %	41,347,818	3.044 %	21 M RM
Pangolin Investment Management Pte Ltd. 2.350 %	31,916,316	2.350 %	17 M RM
LEE HING DEVELOPMENT LIMITED 2.110 %	28,656,777	2.110 %	15 M RM
Lei Cheng Tan 1.898 %	25,775,213	1.898 %	13 M RM
Boon Lee Tan 1.445 %	19,631,239	1.445 %	10 M RM

Name	Equities	%	Valuation
IGB REAL ESTATE INVESTMENT TRUST 48.13%	1,733,617,754	48.13%	637,329,895 $
IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST 50.72%	1,199,890,022	50.72%	120,420,963 $
IGB 1.02%	13,863,198	1.02%	7,176,146 $

IGB Bhd.

Level 32, The Gardens South Tower Mid Valley City

59200, Kuala Lumpur

+60 3 2289 8989

http://www.igbbhd.com

Sell

Buy

Mean consensus

SELL

Number of Analysts

Last Close Price

2.49 MYR

Average target price

2 MYR

Spread / Average Target

-19.68%

Consensus

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Retail Real Estate Development

	1st Jan change	Capi.
IGB	+13.18%	702M
SCENTRE GROUP	+6.35%	10.72B
THE PHOENIX MILLS LIMITED	+41.52%	6.51B
ARABIAN CENTRES COMPANY	+18.86%	3.13B
PLAZA S.A.	+13.28%	2.93B
MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS S.A.	-15.94%	2.72B
EASYHOME NEW RETAIL GROUP CORPORATION LIMITED	-7.58%	2.64B
AEON MALL CO., LTD.	+1.78%	2.61B
ALLOS S.A.	-19.02%	2.33B
ATRIUM LJUNGBERG AB	-15.05%	2.25B

Retail Real Estate Development