Posted by shortinvestor77 > 2021-06-10 15:43 | Report Abuse

https://www.theedgemarkets.com/article/%E6%80%A1%E4%BF%9D%E8%8A%B1%E5%9B%AD%E5%95%86%E4%B8%9A%E4%BA%A7%E6%89%98%E6%8B%9F%E4%B8%BB%E6%9D%BF%E4%B8%8A%E5%B8%82-%E5%8F%91%E8%A1%8C231%E4%BA%BF%E5%8D%95%E4%BD%8D

Posted by shortinvestor77 > 2021-06-10 15:43 | Report Abuse

https://www.theedgemarkets.com/node/571706

Posted by shortinvestor77 > 2021-06-10 15:45 | Report Abuse

"For the avoidance of doubt, there is no balloting of applications,” IGB Commercial REIT said.restricted offering of up to 945 million units and an institutional offering of at least 282 million units in the property trust.

Posted by shortinvestor77 > 2021-06-15 13:29 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166470

Posted by shortinvestor77 > 2021-06-15 13:30 | Report Abuse

STEP 1: REMIT PAYMENT BY INTERNET BANK TRANSFER
Remit in RM (via internet bank transfer) the payment for:
• subscription of the ROFS Units for the amount subscribed for; and
• an additional fee of RM10 being the stamp duty for each CDS account,
to the following account:
Bank:
Account name:
Account number:
MALAYAN BANKING BERHAD
CASH MANAGEMENT DEPARTMENT/GB (IGB
RESTRICTED OFFERING ACCOUNT) May Bank Account number: 514012443482 (CASH MANAGEMENT DEPARTMENT/GB (IGB
RESTRICTED OFFERING ACCOUNT)

Posted by shortinvestor77 > 2021-06-15 13:30 | Report Abuse

via electronic mail OR facsimile (together with the full name, address and
CDS Account number of the Entitled Shareholder) and sent to the following:
(1) ELECTRONIC MAIL (E-MAIL) ADDRESS:
igbcomreit@boardroomlimited.com

Posted by smartly > 2021-06-24 13:02 | Report Abuse

mean this IPO will not offer to public ? only for IGBB shareholders, institutional & selected investors ?

Posted by fortunefire > 2021-07-04 08:51 | Report Abuse

steady. ipo is delayed.

Posted by smartly > 2021-09-03 23:36 | Report Abuse

HLIB wishes to announce that, following the completion of the bookbuilding process under the Institutional Offering on 2 September 2021, the Institutional Price has been fixed at RM0.71 per Unit offered to institutional investors and selected investors.

Posted by tpcourt123 > 2021-09-20 09:09 | Report Abuse

LD lol

Posted by Iamnotasifu > 2021-09-20 09:20 | Report Abuse

Noob IPO lol

Posted by Yakok > 2021-09-20 09:22 | Report Abuse

y LD ??

Posted by King20 > 2021-09-20 09:30 | Report Abuse

may i know why the Ref. is RM1.000 and the has been fixed at RM0.71, no need have any refund from them?

Posted by cklimm > 2021-09-20 09:45 | Report Abuse

King20, the RM1 is IPO price for retails, 0.71 is for institution. Kesian those subscribed at 1

Posted by smartly > 2021-09-20 10:15 | Report Abuse

first day listing. limit down. haiya....

Posted by steventim777 > 2021-09-20 10:41 | Report Abuse

As far as I know those subscribed thru their brokers paid 0.71 as well

Posted by Syndicates > 2021-09-20 11:05 | Report Abuse

nta? div yield?

Posted by smartly > 2021-09-20 11:08 | Report Abuse

nta = RM1 ?
div yield = 6% ?

Posted by bulldog > 2021-09-20 11:31 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by ahbah > 2021-09-20 11:34 | Report Abuse

Why like that ? All ipo cabutan kena slaughtered on opening bell !!! ???

Posted by ahbah > 2021-09-20 11:36 | Report Abuse

Mani existing reits are trading at BIG DISCONT to their nta lah.

Posted by ahbah > 2021-09-20 11:39 | Report Abuse

Amfirst is trading at more than 50% discount to its nta.

If igbcr nta = Rm1, then its offer price should be less than Rm0.50.

Posted by Plantermen > 2021-09-20 11:39 | Report Abuse

IGBCR hit by negatively

Posted by ahbah > 2021-09-20 11:41 | Report Abuse

or igbcr should be trading at less than Rm0.50 ?

Posted by ahbah > 2021-09-20 11:46 | Report Abuse

Burning hard earn moni is also in progress for those who subscribed at

Rm1.00 ?

Posted by Syndicates > 2021-09-20 11:51 | Report Abuse

retailer cost is 40 sen, they got 3 share div for 2 subscribed

Posted by ahbah > 2021-09-20 11:57 | Report Abuse

Then, retailers still got make lots of moni now if their cost is only 40 sen.

Posted by smartly > 2021-09-20 12:24 | Report Abuse

i thought retailer subscribe at RM1 ?
it does not come free right ?

Posted by Foreign_Invest > 2021-09-20 12:54 | Report Abuse

@syndicates means IPO actual price per share is 0.40?

Posted by jeremylin > 2021-09-20 13:08 | Report Abuse

So actually ipo rm 1 or rm 0.71?

Posted by smartly > 2021-09-20 13:34 | Report Abuse

i just read igbb's announcement :-

ipo = RM1
institutional = RM0.71
igbb shareholders = 3 DIS : 2 subscribed, means RM2 / 5 = RM0.40

no wonder can sell LD, but enough to cover price drop from igbb ?

Posted by Foreign_Invest > 2021-09-20 13:35 | Report Abuse

The calculation should be subscription 2 xRM1 divided by 5 shares given. Net price per share RM0.40.

Posted by Syndicates > 2021-09-20 13:36 | Report Abuse

Those trader kaki thought limit down good price then got slaughtered lor hahahahahahahaha.

Posted by steventim777 > 2021-09-20 13:40 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/09/18/the-18th-entry

Posted by Foreign_Invest > 2021-09-20 13:57 | Report Abuse

news got report RM0.40 also, can refer to news if dunno how to calculate. Thanks for info @steventim777

Posted by steventim777 > 2021-09-20 14:06 | Report Abuse

The most confusing IPO ever. If reference price is 0.71, how can there be a limit-down at 0.70

Posted by steventim777 > 2021-09-20 14:09 | Report Abuse

If I read it correctly, the biggest losers are those IGBB share holders who did not take up the ROFS offer

Posted by ahbah > 2021-09-20 14:10 | Report Abuse

" In effect, the shareholders of IGB have subscribed to IGBCR units at an effective price of RM0.40 per unit for the five IGBCR that they obtained via the ROFS and the distribution-in-specie. "

Posted by smartly > 2021-09-20 14:39 | Report Abuse

As in theory, they have a gain of RM0.31 per IGBCR (the difference between the effective cost of 40 sen per unit against the reference price of 71 sen), IGB shareholders are sitting on a paper loss of 61 sen per IGB share held before the ex-date.

Posted by smartly > 2021-09-20 14:41 | Report Abuse

even though they gain from IGBCR but loss at IGB. overall still a loss.

Posted by smartly > 2021-09-20 16:50 | Report Abuse

parked buy at 49sen tomorrow. :p

Posted by Bgt 9963 > 2021-09-20 17:11 |

Post removed.Why?

Posted by firehawk > 2021-09-20 17:18 | Report Abuse

today, 16.17m share sellers are laughing ... can buy back much cheaper tomorrow :-)

Posted by smartly > 2021-09-20 17:43 | Report Abuse

why susah-susah go apply ? buy from market is soooo much cheaper. LOL

Posted by smartly > 2021-09-20 17:45 | Report Abuse

next time if got reit listing, no 'hui' them. just buy from the market.

Posted by ahbah > 2021-09-20 17:46 | Report Abuse

Korrect.

Mkt reits are chipper, like Amfirst.

Posted by Foreign_Invest > 2021-09-20 17:58 | Report Abuse

For those who bought RM1 per share, 2 shares will get 5 shares, price per share RM0.40. For those who bought at 71 sen is 2 shares get 3 shares. 71sen x2/3= 47sen per share, normal IPO subscription. So share price now should be 0.40-0.47. Correct me if I am wrong.

Posted by Jian Bin Siew > 2021-09-20 19:57 | Report Abuse

71 sen means 71 sen. Those IGBB shareholder also suffering loss after the price adjust lower. 50 sen, is it possible? Let us see.

Posted by kudamuda > 2021-09-21 00:23 | Report Abuse

@Foreign_Invest Wrong! For institutions subscriber, 71sen per share.. No bonus shares for them. For IGBB shareholder, although their effective price seems 40sen per share, don’t forget they also suffers the share price drop of IGBB. Let say from average 2.20 to 1.90 now, also losing 30sen. I would say their effective price around 60-70 sen as well. Unless they sold IGBB at higher price much earlier after entitlement date. Question is will ppl willing to sell lower just to cash out?

Posted by MichelleNg > 2021-09-21 02:56 | Report Abuse

US DJ gap down dropping. Tomorrow good luck liao. Another limit down coming. Haiz.... First time got limit down IPO.