IGB CORPORATION BHD

KLSE (MYR): IGB (1597)

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Last Price

2.97

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

418 comment(s). Last comment by KKP05 2022-02-28 06:20

danny123

1,218 posts

Posted by danny123 > 2017-11-03 10:27 | Report Abuse

COME DOWN LATER WE CAN BUY MORE

Hk Wong

420 posts

Posted by Hk Wong > 2017-11-06 12:11 | Report Abuse

if is go through than how

tipumakan

209 posts

Posted by tipumakan > 2017-11-06 13:05 | Report Abuse

if go through then choose from the 3 options offer, at RM3

tipumakan

209 posts

Posted by tipumakan > 2017-11-07 19:19 | Report Abuse

this takeover only benefit Goldis shareholder. If still remember Kassets, this could happen to IGB also

Posted by invest_101 > 2017-11-09 08:16 | Report Abuse

Vote Yes and get the opportunity choose from 3 options depending on your analysis. If you think nta of Igb is high, then swap for Goldis which have an even higher nta. Good luck

danny123

1,218 posts

Posted by danny123 > 2017-11-09 09:52 | Report Abuse

GOLDIS , PAY VERY VERY LITTLE DIV

VOTE AGAINST, THEN MAYBE GOLDIS WILL COUNTER OFFER HIGHER PRICE LIKE OTHERS COMPANY

danny123

1,218 posts

Posted by danny123 > 2017-11-09 10:07 | Report Abuse

HOLD FOR 2 MORE YEARS, MAYBE 3.80

danny123

1,218 posts

Posted by danny123 > 2017-11-09 10:08 | Report Abuse

THEN U MUST VOTE AGAINST

tipumakan

209 posts

Posted by tipumakan > 2017-11-09 13:58 | Report Abuse

Yeah. Goldis has higher NTA, only for now. If take over go through, dont forget Goldis will issue new share, so in the end everything will come to a square. Existing IGB shareholder does not enjoy anything but selling everything at dirt cheap price and handling billion of hard cash to Goldis. Wait for few years until Southpoint and southkey project complete, you will see profit improve and share price will follow.

As for why Goldis is paying less dividend and IGB is paying dividend well, i guess is because Goldis need to serve the interest of their preference share. So, IGB is the ATM machine for Goldis, thats why now IGB enjoy higher dividend. If take over go through, mostly they will tell you they need to reserve cash for development. So after serving the enlarge Preference Share, nothing much can pay for dividend.

Be wise, vote no and reject

Posted by invest_101 > 2017-11-10 05:52 | Report Abuse

@danny123, Opt for Goldis Pref if you want higher div ie 4.28%
@tipumakam, diluted Goldis after offer will still be relatively high as it currently hold 75% of Igb.

tipumakan

209 posts

Posted by tipumakan > 2017-11-14 18:32 | Report Abuse

EPF ceased as major shareholder....

Posted by newharvest > 2017-11-20 13:34 | Report Abuse

TOMORROW 21 nov 2017 EGM @ 3pm. Hope to c many minority shareholders attending.

danny123

1,218 posts

Posted by danny123 > 2017-11-20 20:26 | Report Abuse

Vote NO

Posted by invest_101 > 2017-11-20 20:42 | Report Abuse

Vote yes and realise immediately your investment via any of the 3 options that fancy you. No point waiting for more years to profit from your investment. Cheers and all the best.

danny123

1,218 posts

Posted by danny123 > 2017-11-20 21:20 | Report Abuse

VOTE NO

COUNTER OFFER LATER BY GOLDIS 3.50

THEN WEDNESDAY MAYBE 3.10

SAY NO

RICH MEN CHEAT POOR PEOPLE

danny123

1,218 posts

Posted by danny123 > 2017-11-21 09:55 | Report Abuse

NTA 6.90

OFFER 3.00

PLEASE REJECT THE OFFER TODAY

THEN IGB WILL GO UP 3.10 TOMOROW

taitaumau

276 posts

Posted by taitaumau > 2017-11-21 10:59 | Report Abuse

A definite "NO" in to-day EGM

Posted by newharvest > 2017-11-21 11:23 | Report Abuse

Vote 'no' for sure.

tipumakan

209 posts

Posted by tipumakan > 2017-11-21 15:24 | Report Abuse

Anyone live update from EGM? Appreciate

k3nthiew

518 posts

Posted by k3nthiew > 2017-11-21 15:31 | Report Abuse

Pls update if any result.... THANKS

Jtpg

5 posts

Posted by Jtpg > 2017-11-21 15:36 | Report Abuse

any live updates please for those that couldnt attend

danny123

1,218 posts

Posted by danny123 > 2017-11-21 15:56 | Report Abuse

A lots complaint not fair offer

Jtpg

5 posts

Posted by Jtpg > 2017-11-21 16:01 | Report Abuse

how did the management responded?

mayren

46 posts

Posted by mayren > 2017-11-21 16:22 | Report Abuse

what's the outcome of meeting please?

danny123

1,218 posts

Posted by danny123 > 2017-11-21 16:27 | Report Abuse

Ve not vote yet

k3nthiew

518 posts

Posted by k3nthiew > 2017-11-21 16:31 | Report Abuse

So late... shld provide buffet dinner... untung dinner

tipumakan

209 posts

Posted by tipumakan > 2017-11-21 16:43 | Report Abuse

complain complain. ask them re-offer at RM5..

tipumakan

209 posts

Posted by tipumakan > 2017-11-21 16:45 | Report Abuse

@danny123. thank you for the update. if not causing trouble to you please continue update us ya. Thanks in advance

Jtpg

5 posts

Posted by Jtpg > 2017-11-21 16:46 | Report Abuse

I think 3.5 is fair

k3nthiew

518 posts

Posted by k3nthiew > 2017-11-21 16:52 | Report Abuse

Thanks danny123

Posted by jhew7477 > 2017-11-21 17:12 | Report Abuse

Hi Danny, did they mention on which day will they release the Q3 results?

k3nthiew

518 posts

Posted by k3nthiew > 2017-11-21 17:19 | Report Abuse

voted already?

danny123

1,218 posts

Posted by danny123 > 2017-11-21 17:28 | Report Abuse

Approved

Hafid

1,135 posts

Posted by Hafid > 2017-11-21 18:54 | Report Abuse

Deal done.

tipumakan

209 posts

Posted by tipumakan > 2017-11-21 19:05 | Report Abuse

omg.. 99.34% Vote for approve...

Hafid

1,135 posts

Posted by Hafid > 2017-11-22 06:58 | Report Abuse

Q3 announced

Posted by invest_101 > 2017-11-22 07:34 | Report Abuse

Kudos as smart money voted yes. Now you can have one to two months to decide which option to choose from. Cheers and good luck.

kaikai

171 posts

Posted by kaikai > 2017-11-22 09:54 | Report Abuse

Based on the past history , IGb declares divided on Feb and coincidently the transaction would be completed by Feb. I wo under whether shareholders will get the customary dividend

tipumakan

209 posts

Posted by tipumakan > 2017-11-22 12:27 | Report Abuse

@invest_101. seems like you will choose for cash option?

Kensington

158 posts

Posted by Kensington > 2017-11-22 17:06 | Report Abuse

There will be no further dividends from the Co. Just be happy with the RM3/share angpow (option 1) coming your way during the CNY.

Kensington

158 posts

Posted by Kensington > 2017-11-22 17:09 | Report Abuse

A columnist in The Edge Malaysia actually suggested you elect Option 1 and re-invest your funds in IGB REIT for a better yield than the other 2 options.

Posted by invest_101 > 2017-11-22 21:27 | Report Abuse

@tipumakan,%20first%20of%20all%20I%20am%20happy%20that%20majority%20decision%20was%20yes%20otherwise%20share%20price%20of%20Igb%20today%20would%20have%20collapsed%20to%20below%202.50,%20the%20levels%20before%20this%20proposal.%20After%20having%20much%20thoughts,%20I%20think%20the%20best%20option%20is%20#3.%20You%20are%20guaranteed%204.3%25%20for%20at%20least%204%20years,%20up%20to%20a%20maximum%20of%207.%20Attractive%20enough%20while%20waiting%20for%20the%20potential%20of%20Goldis%20to%20appreciate%20during%20this%20period.%20If%20you%20look%20at%20the%20proposal%20the%20effective%20shareholding%20interest%20of%20scheme%20shareholders%20barely%20change%20under%20option%20#3%20on%20a%20fully%20diluted%20basis.%20This%20means%20that%20the%20controlling%20shareholders%20cannot%20benefit%20much%20under%20this%20scenario.%20Surely%20not%20all%20will%20choose%20option3%20so%20they%20will%20benefit%20somehow.%20More%20importantly%20there%20will%20be%20additional%20float%20of%20Goldis%20shares%20from%20this%20exercise%20and%20this%20will%20represent%20the%20best%20opportunity%20for%20the%20major%20shareholders%20to%20accumulate,%20likely%20above%20rm3,%20the%20exchange%20value.%20In%20short%20I%20think%20the%20price%20will%20move%20after%20exercise%20some%20time%20in%20Feb/Mar%20next%20year.%20Just%20my%20thoughts,%20good%20luck.

IrisTan

43 posts

Posted by IrisTan > 2017-12-12 14:25 | Report Abuse

Ha ha ha Danny123 suddenly became loser in the battle with IGB Bosses. Quickly report this unfair deal to PMO, MACC, ACAC, SPAD, PDRM..............

Posted by Lau Choong Ling > 2018-01-02 15:49 | Report Abuse

NTA where got 6??

tipumakan

209 posts

Posted by tipumakan > 2018-01-08 15:59 | Report Abuse

RNAV got 6

member41

3,718 posts

Posted by member41 > 2019-11-22 09:17 | Report Abuse

wow up 30

member41

3,718 posts

Posted by member41 > 2019-11-22 09:30 | Report Abuse

wow up 50

Posted by mosangsang > 2021-05-04 12:35 | Report Abuse

Colin Ng.....kakakaka

KKP05

28 posts

Posted by KKP05 > 2022-02-28 06:20 | Report Abuse

Hmm..rugi didn't get at RM1.4

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