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OverviewFinancial Highlight
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Business Background IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company’s portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company divides its operations into two segments based on its two major retail malls in the portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The company generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
![]() unline PETALING JAYA: Innature Bhd is expected to post stronger financial results for the fourth quarter of the financial year ended Dec 31, 2021 (Q4’21) onwards driven by the strong recovery in mall traffic in light of upcoming festivities. Additionally, the majority of its store based across its three operating countries have resumed full operations. In a report yesterday, CGS-CIMB Research opined that InNature was one of the few major cosmetics and personal care retailers that remained profitable during the 2020-2021 period amid the Covid-19 pandemic. This is attributed to its early investments in beefing up its omni-channel distribution system that helped shore up sales despite the various lockdowns and store closures. It also had better cost management as it could negotiate better rental rebates and shuttered seven non-performing stores. Accordingly, InNature experienced a smaller decline in revenue than the personal care retail sub-sector, the research house said. ^ by right this is good for igbreit also 18/04/2022 11:58 AM investortrader88 https://www.theedgemarkets.com/article/igb-reit-1q-net-property-income-rises-nearly-73-rm1077-million-declares-251-sen-dpu 27/04/2022 6:30 PM snowball2000 @Calvin882 Yes, agree fully. Just happy to see the confirmation in its recovery from latest results... ;) 28/04/2022 3:38 PM Calvin882 Malls full of people due to EPF withdrawal and shopping for raya. Lets see how is the condition after this. 06/05/2022 4:04 PM SmallCapAsia Malaysia is ready to treat COVID-19 as endemic. Analysts are bullish on this stock and 6 others as the country opens up. Read more: https://www.smallcapasia.com/7-interesting-stock-ideas-for-may-my/ 18/05/2022 10:04 AM jeffchan1901 why would anyone sincerely share a link to their article and its a clickbait with adverts even before you can read the article? 04/06/2022 12:12 PM Pinky Yes admin please ban such people. All they want is for us to subscribe and/or get our e-mail to spam us 04/06/2022 12:32 PM snowball2000 another 2 positive quarters and IGBREIT should be en-route to 1.70 and above.... ;) 28/07/2022 10:01 AM snowball2000 2.45 sen per unit comprising 2.43 sen taxable and 0.02 sen non-taxable for the second quarter ended 30 June 2022 29/07/2022 4:49 PM snowball2000 IGBREIT typically pays 4 quarterly dividends, similar to other REITs... 29/07/2022 4:57 PM dragon328 https://klse.i3investor.com/web/blog/detail/dragon328/2022-08-12-story-h1627892545-IGBB_is_an_Awakening_Property_Giant_worth_at_least_RM6_75 12/08/2022 12:55 PM HUNTER hi guys,i received the dividen on my bank acct but i yet to get TAX VOUCHER,any one know how they send it/ i am using MPLUS 29/08/2022 12:01 PM nerdyfred https://www.theedgemarkets.com/article/igb-reits-3q-npi-jumps-81-declares-244-sen-dpu 04/11/2022 7:55 AM 532TKY Competition is set to intensify in the retail real estate investment trust (REIT) market with the upsurge in the total supply of retail space in the Klang Valley and the risk of an economic slowdown on the horizon. According to Knight Frank, the cumulative supply of retail space in the Klang Valley is expected to increase from 68.4 million sq ft in 2022 to 71.9 million sq ft in 2023, and 73.7 million in 2024. Some of the notable new malls expected to open in 2023 are The Exchange TRX (1.3 million sq ft), and 118 Mall (850,000 sq ft). 08/11/2022 12:26 PM 532TKY For REITS, a lot of focus has been on energy and water efficiency, and air quality as they form the key components of a green building certification, but the panelists believe the whole value chain needs to be considered, RHB said. This includes where building materials are sourced from to evaluate the environment and social impact, type of cleaning materials used every day, waste management and assessing any outsourced staff hiring such as security guards for any risk of forced labour. 08/11/2022 12:26 PM 11wenhao11 REITS can sustain their historical dividend payouts especially those operating within the industries that are susceptible to the weakness in the economy due to Covid-19 such as the hoteliers and retailers. 09/11/2022 7:40 PM Seowwynn Looks like REITs share price is recovering. Probably reopening for China tourists helps. 13/01/2023 10:36 PM speakup https://www.thestar.com.my/business/business-news/2023/01/19/igb-reit-remains-cautious-on-retail-sector 20/01/2023 7:54 AM speakup best mall reit: igbreit best office reit: ouareit best industrial reit: axreit best hospital reit: alaqar best diversified reit: sunreit buy only the best, forget the rest! 21/01/2023 2:18 PM speakup https://www.malaymail.com/news/malaysia/2023/02/11/following-complaints-tourism-minister-bans-shopping-from-being-included-in-tour-itineraries-here/54416 Oh my! Follow myeg? 12/02/2023 11:47 AM NoTimeToTrade MV doesn't rely on tour bus shoppers, sometimes i wonder how some people analyze stock... smh... 14/02/2023 4:25 PM speakup https://klse.i3investor.com/web/stock/analysis-price-target/5227 2.12 mana ada ni? highest TP given this year is 1.90 17/03/2023 4:45 PM ![]() ![]() | |