KUALA LUMPUR (Oct 22): Datuk Tan Chin Nam, patriarch of the Tan family who founded two of Malaysia’s biggest private property developers — Tan & Tan Developments Bhd and IGB Group — passed away yesterday at the age of 92.
KUALA LUMPUR (March 30): IGB Bhd, formerly known as Goldis Bhd, has redesignated its director Datuk Seri Robert Tan Chung Meng as group chief executive officer with immediate effect following the dissolution today of an executive committee established in December 2016.
KUALA LUMPUR (Feb 14): Property investment group Goldis Bhd — which is in the midst of a takeover of IGB Corp Bhd — revealed that its fourth-quarter (4Q) net profit tripled year-on-year (y-o-y), thanks to better performance of its retail property investments and a disposal gain.
KUALA LUMPUR (Feb 9): IGB Corp Bhd, which is in the midst of a takeover by its largest shareholder Goldis Bhd, saw its net profit jump 97.
KUALA LUMPUR (Jan 18): IGB Corp Bhd has announced suspension of its securities with effect from 9am tomorrow, in order to facilitate takeover of the company by Goldis Bhd.
KUALA LUMPUR (Jan 10): Goldis Bhd aims to complete its takeover of IGB Corp Bhd in early March, with the latter's shares to be delisted from the Main Market of Bursa Malaysia within the same month.
KUALA LUMPUR (Nov 22): IGB Corp Bhd shareholders yesterday approved the proposed takeover of the group by Goldis Bhd, despite some dissatisfaction over the RM3 share valuation.
KUALA LUMPUR (May 26): Goldis Bhd saw its net profit more than doubled to RM73.
KUALA LUMPUR (Feb 24): IGB Corp Bhd shares rose as much as 38 sen or 15% after controlling shareholder Goldis Bhd made a takeover offer for the remaining IGB shares at RM3 each.
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