Analysts turn cautious on IGB REIT, no thanks to MCO 2.0
KUALA LUMPUR (Jan 26): The implementation of the second Movement Control Order (MCO 2.
KUALA LUMPUR (Jan 26): The implementation of the second Movement Control Order (MCO 2.
KUALA LUMPUR (Jan 25): IGB Real Estate Investment Trust (IGB REIT)’s net property income for the fourth quarter ended Dec 31, 2020 slipped 3.
KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.
KUALA LUMPUR (Oct 30): Retailer Robinsons, one of the anchor tenants in The Gardens Mall, is shutting down its operations in Kuala Lumpur and Singapore for good.
KUALA LUMPUR (Oct 26): IGB Real Estate Investment Trust (IGB REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has reported a 2.
KUALA LUMPUR (July 21): IGB Real Estate Investment Trust (REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has posted a steep decline in revenue and earnings for the second quarter ended June 30, 2020 (2QFY20).
KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.
KUALA LUMPUR (June 11): IGB Bhd posted a 64.
KUALA LUMPUR (May 30): The Covid-19 pandemic and its economic fallout may have spooked many companies into putting their business plans on the back burner, but not IGB Bhd, The Edge reported today.
KUALA LUMPUR (April 23): IGB Real Estate Investment Trust’s net property income (NPI) fell 14.