IGB Real Estate Investment Trust

IGBREIT

MYL5227TO002

Commercial REITs

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.83 ^MYR	+0.55%		0.00%	+6.40%

Apr. 18	IGB REIT Posts Higher DPU for Q1	MT
Apr. 17	IGB Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

IGB Real Estate Investment Trust Announces the Cessation of Encik Halim Bin Haji Din as Independent and Non Executive Member of Remuneration Committee

March 01, 2024 at 04:33 am EST

IGB Real Estate Investment Trust announced the cessation of Encik Halim Bin Haji Din as Independent and Non Executive Member of Remuneration Committee, age 77, Date of change 01 Mar 2024. Composition of Remuneration Committee: Ang Kim Pack, Independent Non-Executive Director (INED), Chairman 2. Raymond Yeoh Cheng Seong, INED 3. Datuk Lee Say Tshin, INED 4. Tan Lei Cheng, Non-INED.

Latest news about IGB Real Estate Investment Trust

IGB REIT Posts Higher DPU for Q1	Apr. 18	MT
IGB Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	CI
IGB Real Estate Investment Trust Announces the Cessation of Encik Halim Bin Haji Din as Independent and Non Executive Member of Nomination Committee	Mar. 01	CI
IGB Real Estate Investment Trust Announces the Retirement of Encik Halim Bin Haji Din as Independent and Non Executive Director	Mar. 01	CI
IGB Real Estate Investment Trust Announces the Cessation of Office of Encik Halim Bin Haji Din as Independent and Non Executive Chairman of Audit Committee	Mar. 01	CI
IGB Real Estate Investment Trust Announces the Cessation of Encik Halim Bin Haji Din as Independent and Non Executive Member of Remuneration Committee	Mar. 01	CI
Igb Real Estate Investment Trust Announces the Redesignation of Raymond Yeoh Cheng Seong from Member of Audit Committee to Independent and Non Executive Chairman of Audit Committee	Mar. 01	CI
IGB REIT's Profit Drops in Q4 2023	Jan. 31	MT
IGB Real Estate Investment Trust Announces Distribution for the Fourth Quarter Ended 31 December 2023, Payable on 29 February 2024	Jan. 30	CI
IGB Real Estate Investment Trust Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 30	CI
IGB REIT Books Revaluation Surplus of MYR81.3 Million on Property Portfolio	Jan. 24	MT
IGB Real Estate Investment Trust Announces Re-Designation of Seri Robert Tan Chung Meng from Non Independent and Non Executive Director to Non Independent and Non Executive Chairman, Effective 01 January 2024	Dec. 29	CI
IGB Real Estate Investment Trust Announces Resignation of Tan Boon Lee as Non Independent and Non Executive Director, Effective 31 December 2023	Dec. 29	CI
IGB Real Estate Investment Trust Announces Retirement of Lin See Yan as Independent and Non Executive Chairman, Effective 31 December 2023	Dec. 29	CI
IGB Real Estate Investment Trust Announces Retirement of Antony Patrick Barragry as Chief Executive Officer, Effective 31 December 2023	Dec. 29	CI
IGB Real Estate Investment Trust Announces Retirement of Le Ching Tai @ Lee Chen Chong as Independent and Non Executive Director, Effective 31 December 2023	Dec. 29	CI
IGB REIT Management's COO Passes Away	Dec. 20	MT
IGB Real Estate Investment Trust Appoints Raymond Yeoh Cheng Seong, as Independent and Non Executive Member of Remuneration Committee	Nov. 01	CI
IGB Real Estate Investment Trust Announces Cessation of Le Ching Tai @ Lee Chen Chong as Independent and Non Executive Member of Remuneration Committee	Nov. 01	CI
IGB Real Estate Investment Trust Appoints Datuk Lee Say Tshin as Independent and Non Executive Member of Remuneration Committee	Nov. 01	CI
IGB Real Estate Investment Trust Appoints Raymond Yeoh Cheng Seong as Independent and Non Executive Member of Nomination Committee	Nov. 01	CI
IGB Real Estate Investment Trust Announces the Cessation of Le Ching Tai @ Lee Chen Chong, as Independent and Non Executive Chairman of Nomination Committee	Nov. 01	CI
IGB Real Estate Investment Trust Appoints Datuk Lee Say Tshin as Independent and Non Executive Chairman of Nomination Committee	Nov. 01	CI
IGB Real Estate Investment Trust Appoints Raymond Yeoh Cheng as Independent and Non Executive Director	Nov. 01	CI
IGB Real Estate Investment Trust Appoints Datuk Lee Say Tshin as Independent and Non Executive Director	Nov. 01	CI

Chart IGB Real Estate Investment Trust

Duration

Period

More charts

Company Profile

IGB Real Estate Investment Trust (IGB REIT) is a Malaysia-based real estate investment trust. IGB REIT's principal investment policy is to invest, directly and indirectly, in a diversified portfolio of income producing real estate used primarily for retail purposes in Malaysia and overseas as well as real estate related assets. The Company's investment objective is to provide the unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, while maintaining an appropriate capital structure. The Company's portfolio comprises two malls, Mid Valley Megamall (MVM) and The Gardens Mall (TGM), which is located in the Klang Valley with a total net lettable area (NLA) of approximately 2.70 million square feet (sq ft). IGB REIT manager is IGB REIT Management Sdn Bhd.

Sector

Commercial REITs

Calendar

2024-07-21 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for IGB Real Estate Investment Trust

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.83 MYR

Average target price

1.923 MYR

Spread / Average Target

+5.07%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Retail REITs

	1st Jan change	Capi.
IGB REAL ESTATE INVESTMENT TRUST	+6.40%	1.39B
SIMON PROPERTY GROUP, INC.	-0.20%	46.38B
KIMCO REALTY CORPORATION	-13.75%	12.39B
THE LINK REAL ESTATE INVESTMENT TRUST	-22.69%	11.06B
REGENCY CENTERS CORPORATION	-13.01%	10.74B
NNN REIT, INC.	-5.43%	7.45B
BRIXMOR PROPERTY GROUP INC.	-6.66%	6.54B
AGREE REALTY CORPORATION	-8.23%	5.8B
VICINITY CENTRES	-7.60%	5.6B
KITE REALTY GROUP TRUST	-7.00%	4.67B

Retail REITs