KUALA LUMPUR (Feb 19): IGB Bhd posted a nearly 35% drop in net profit for the fourth quarter ended Dec 31, 2019 amid lower contribution from its commercial and retail property investments.
PETALING JAYA (Dec 23): IN a slow real estate market, most property developers have allayed investor fears with the huge land banks they have amassed and the value these can create.
KUALA LUMPUR (Dec 3): IGB Bhd, together with its partner Tower Ray Ltd, plans to sell their 50-50-owned UK-based Black Pearl Ltd, which owns a plot of freehold London land, for £235 million or RM1.
KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.
IGB Real Estate Investment Trust (Oct 24, RM1.
KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.
KUALA LUMPUR (Aug 28): IGB Bhd’s net profit for the second quarter ended June 30, 2019 (2QFY19) fell 20% to RM32.
Maintain market perform with an unchanged target price of RM1.
KUALA LUMPUR (July 24): Net property income of IGB Real Estate Investment Trust (IGB REIT) rose 8.
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