IGB shares nearing March-record high following share buyback
According to a filing with Bursa Malaysia, IGB bought back 737,300 shares in March when its share price started its climb to the peak.
According to a filing with Bursa Malaysia, IGB bought back 737,300 shares in March when its share price started its climb to the peak.
In a note on Thursday (April 13), the research house initiated a target price of RM1.
The company said with the appointment, Ong has been mandated to spearhead KIP REIT’s business strategies, operational plans and corporate exercises to strengthen KIP REIT’s position as a highly respected and professionally managed REIT.
Going forward, Hektar REIT executive director and chief executive officer Johari Shukri Jamil shared that there are 94 tenants covering 528,121 sq ft of space that is set to expire in 2024, followed by 58 tenants with 187,202 sq ft expiring in 2025.
The group recorded a net profit of RM782.
“This is a strong testament to its ability to adapt, and also speaks of the marketability of its products, especially those in Sendayan Developments (BSS),” said Tan.
The company said the issue price represents a discount of approximately 3.
In a Bursa Malaysia filing, AmFIRST REIT said Raja Nazirin Shah Raja Mohamad, 59, has resigned as CEO and director of the REIT “to pursue other opportunities”.
IIB also called upon members of the public to frequently check the Amaran Scam Facebook page by Bank Negara Malaysia, as well as Cyber Crime Alert and Semak Mule by the Royal Malaysia Police (PDRM) for the latest updates.