Stock IGBREIT IGB REAL ESTATE INVESTMENT TRUST
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Company IGB Real Estate Investment Trust

Equities

IGBREIT

MYL5227TO002

Commercial REITs

End-of-day quote BURSA MALAYSIA
Other stock markets
 06:00:00 2024-05-07 pm EDT 		5-day change 1st Jan Change
1.84 MYR -0.54% Intraday chart for IGB Real Estate Investment Trust +0.55% +6.98%
Apr. 30 IGB Real Estate Investment Trust Announces Retirement of Chai Lai Sim as Chief Financial Officer CI
Apr. 30 IGB Real Estate Investment Trust Announces Appointment of Chow Yeng Keet as Chief Financial Officer, Effective May 1, 2024 CI

Business Summary

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.

Number of employees: 356

Sales per Business

MYR in Million2022Weight2023Weight Delta
Lease
73.8 %
416 74.7 % 446 73.8 % +7.25%
Service Charge
12.9 %
71 12.7 % 78 12.9 % +10.14%
Car Park
7.5 %
42 7.5 % 46 7.5 % +9.58%
Utilities Recoverable
4.5 %
21 3.8 % 27 4.5 % +31.12%
Promotion Partnership Income and Others
1.2 %
- - 7 1.2 % -

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
556 100.0 % 604 100.0 % +8.61%

Managers

Managers TitleAgeSince
Hui Ning Tan CEO
 Chief Executive Officer 40 12-04-26
Yeng Keet Chow DFI
 Director of Finance/CFO 51 18-03-15
Chung Meng Tan CHM
 Chairman 72 12-03-20
Lai Yin Chan CMP
 Compliance Officer 63 -
Mei Sian Tan BRD
 Director/Board Member 40 20-01-31
Chai Tin Lee PRN
 Corporate Officer/Principal - 22-12-31
Khim Chon Wong PRN
 Corporate Officer/Principal 64 22-12-31
Hui Chween Tan SAM
 Sales & Marketing - -
Chai Huat Ko SAM
 Sales & Marketing - 12-08-31

Members of the board

Members of the board TitleAgeSince
Lei Cheng Tan BRD
 Director/Board Member 68 12-04-26
Chung Meng Tan CHM
 Chairman 72 12-03-20
Hui Ning Tan CEO
 Chief Executive Officer 40 12-04-26
Cheng Seong Yeoh BRD
 Director/Board Member 61 Oct. 31
Say Tshin Lee BRD
 Director/Board Member 71 Oct. 31
Mei Sian Tan BRD
 Director/Board Member 40 20-01-31
Kim Pack Ang BRD
 Director/Board Member 67 20-08-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,609,228,829 1,370,676,869 ( 37.98 %) 0 37.98 %

Shareholders

NameEquities%Valuation
IGB
48.13 %
1,733,617,754 48.13 % 637 M RM
Employees Provident Fund
11.19 %
403,019,213 11.19 % 148 M RM
Kumpulan Wang Persaraan
7.323 %
263,747,000 7.323 % 97 M RM
IGB REIT Management Sdn. Bhd.
4.282 %
154,228,829 4.282 % 57 M RM
Zurich Insurance Malaysia Bhd.
1.751 %
63,055,400 1.751 % 23 M RM
Great Eastern Life Assurance Co. Ltd.
1.578 %
56,826,800 1.578 % 21 M RM
Social Security Organisation
1.050 %
37,808,050 1.050 % 14 M RM
Eastspring Investments (Singapore) Ltd.
0.9931 %
35,768,592 0.9931 % 13 M RM
Chung Meng Tan
0.4518 %
16,272,721 0.4518 % 6 M RM
Kenanga Investors Bhd.
0.4027 %
14,505,100 0.4027 % 5 M RM

Company contact information

IGB Real Estate Investment Trust

The Gardens South Tower Mid Valley City

59200, Kuala Lumpur

+

http://www.igbreit.com
address IGB Real Estate Investment Trust(IGBREIT)

Sector

Real Estate
Real Estate
Residential & Commercial REITs
Commercial REITs
Retail REITs

Sales per Business

Ratings for IGB Real Estate Investment Trust

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
1.84 MYR
Average target price
1.923 MYR
Spread / Average Target
+4.50%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Retail REITs

1st Jan change Capi.
IGB REAL ESTATE INVESTMENT TRUST Stock IGB Real Estate Investment Trust
+6.98% 1.41B
SIMON PROPERTY GROUP, INC. Stock Simon Property Group, Inc.
+3.64% 48.22B
KIMCO REALTY CORPORATION Stock Kimco Realty Corporation
-11.45% 12.8B
THE LINK REAL ESTATE INVESTMENT TRUST Stock The Link Real Estate Investment Trust
-20.98% 11.38B
REGENCY CENTERS CORPORATION Stock Regency Centers Corporation
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NNN REIT, INC. Stock NNN REIT, Inc.
-3.23% 7.79B
VICINITY CENTRES Stock Vicinity Centres
-4.90% 5.84B
AGREE REALTY CORPORATION Stock Agree Realty Corporation
-7.34% 5.5B
KITE REALTY GROUP TRUST Stock Kite Realty Group Trust
-7.37% 4.74B
PHILLIPS EDISON & COMPANY, INC. Stock Phillips Edison & Company, Inc.
-9.40% 4.09B
Retail REITs
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