IGB REAL ESTATE INV TRUST

KLSE (MYR): IGBREIT (5227)

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Last Price

2.10

Today's Change

-0.02 (0.94%)

Day's Change

2.10 - 2.14

Trading Volume

2,296,100

Overview

Market Cap

7,586 Million

NOSH

3,612 Million

Avg Volume (4 weeks)

5,010,510

4 Weeks Range

1.97 - 2.14

4 Weeks Price Volatility (%)

76.47%

52 Weeks Range

1.66 - 2.14

52 Weeks Price Volatility (%)

91.67%

Previous Close

2.12

Open

2.12

Bid

2.09 x 245,500

Ask

2.10 x 115,000

Day's Range

2.10 - 2.14

Trading Volume

2,296,100

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2024 [#2] | 25-Jul-2024

Next QR | Est. Ann. Date

30-Sep-2024 | 13-Oct-2024

T4Q P/E | EY

14.54 | 6.88%

T4Q DY | Payout %

5.14% | 74.71%

T4Q NAPS | P/NAPS

1.11 | 1.88

T4Q NP Margin | ROE

84.04% | 12.95%

Company Profile

Sector: REAL ESTATE INVESTMENT TRUSTS

Sector: REAL ESTATE INVESTMENT TRUSTS

Subsector: REAL ESTATE INVESTMENT TRUSTS

Subsector: REAL ESTATE INVESTMENT TRUSTS

Description:

IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company?s portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company divides its operations into two segments based on its two major retail malls in the portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The company generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.

Discussions
10 people like this. Showing 50 of 1,768 comments

ks5S

i just bought at 1.64.
golden opportunity

2023-05-17 12:00

ks5S

drop more , i buy more

2023-05-17 12:01

snowball2000

GG...

2023-05-17 12:03

GS

i guess , IGB REIT share price drop could be due to the following AND NOT BECAUSE OF THIS FIRE ISSUE

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May23_SCPublicList.pdf

2023-05-17 12:05

snowball2000

kena kuat kuat sekali lagi...

2023-05-17 12:13

hornbill

U think people will stop going mid valley becuase of this fire!!!

2023-05-17 12:16

speakup

Yes cos will have fumes from fire which is toxic! Ppl will boycott for 1-2 weeks to allow the toxic smell.to go away

2023-05-17 12:23

ks5S

drop more please, i waiting with my arms open,

2023-05-17 12:24

pang72

Yoooo

2023-05-17 12:30

pang72

Reit also drop

2023-05-17 12:31

pang72

What else can buy?

2023-05-17 12:31

HUNTER

drop more collect more loh,reit is for long term and for collect dividend. One fire will not close Mid Vally de.share market up and down is will very normal.

2023-05-17 12:51

rohank71

surely got fire insurance cover la.

2023-05-17 13:13

idunwork

The repair can take days i think

2023-05-17 13:44

TonsilBasher

Midvalley have to pay the retailer for the loss

2023-05-17 13:53

TonsilBasher

Imaging the sales volume of retailers. have to be paid by midvalley

2023-05-17 13:55

moven00

Now we dunno which insurance company gonna pay for the fire damage to the building….

2023-05-17 14:07

speakup

https://weirdkaya.com/mid-valley-megamall-kl-to-be-closed-until-further-notice-following-fire-incident/

MidValley closed until further notice. So how is IGBREIT gonna collect revenue?

2023-05-17 14:43

speakup

Remember last time CLMT drop so much after Sg Wang was closed for construction

2023-05-17 14:47

MichelleNg

TNB substation burned. No electricity and closed until furture notice....still early to add more....

2023-05-17 14:47

HUNTER

2marrow open back,relax

2023-05-17 17:15

speakup

Yes open tomorrow to those desperate to Smell the Fumes

2023-05-17 20:25

lummy711

Aiyo my average 1.7 rugi teruk. Will close shop or not.

2023-05-17 20:57

speakup

Dun worry lah. Just hold until it go back profit. Midvalley wont chup lup one

2023-05-17 21:17

Pinky

Wow why so teruk

2023-05-31 17:56

HUNTER

i was wonder what are happening to bursa

2023-06-01 09:21

jeffchan1901

why you all so worried about Mid Valley Megamall? It will be very resilient all the more so compared to KLCC mostly tourists will go. Even Joey Yap whose office located in Mid Valley says that Mid Valley fung shui very good, the reason why it is triving is because according to him, Mid Valley is atop a small hill over looking surrounding and if you noticed the layout of Mid Valley, it is like an island where the roads lead North South East West. Also he added it is shaped like a Heart, supplying blood to every direction. So relax brothers. Mid Valley catering to all segments especially M40 is here to stay. Peace

2023-06-27 11:35

jeffchan1901

FUN FACT: Btw, did you know that Mid Valley is partly co-owned by IGB Bhd and DBKL? It's ok, now you know

2023-06-27 11:37

sigma404

Looking good!!

2023-07-27 16:58

Pinky

Stronk!

2023-10-13 18:50

Hemsley

What is the story? Up 3% today.

2024-01-15 13:12

Pinky

As IGBREIT investor, happy to see this:

https://www.midvalley.com.my/locate/parking/index.aspx

2024-01-15 13:50

smartly

Entitlement subject Income Distribution
Entitlement description 2.70 sen per unit comprising 2.65 sen taxable and 0.05 sen non-taxable for the fourth quarter ended 31 December 2023
Ex-Date 15 Feb 2024

2024-01-30 19:48

KingKKK

Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-21-story-h-182972911-Unfazed_by_Volatility_5_Malaysia_REITs_with_Strong_Fundamentals_KingKKK

2024-04-21 19:34

goldenhope

Free KFC combo set for shareholders who attend AGM

2024-04-30 08:54

manobm3

Is it good time to buy igbreit now?

2024-06-23 22:48

Pinky

Anytime is good time to invest in MidValley+Gardens

2024-06-24 10:39

zzprozaz

Post removed.Why?

2 months ago

Pinky

@admin please ban that joker spammer zzprozaz

2 months ago

Bob3336

Tmrw should be good day for this stock. Even though failed trump assassination

2 months ago

Pinky

Wow. Rallying REIT!

1 month ago

jeffchan1901

FUN FACT: For those interested. If you're wondering whether you should pay personal income tax for REIT stocks and by how much, this should be and interesting read.

Usually all dividends are declared AFTER corporate tax. In such case no need declare in income tax as Malaysia only practices SINGLE taxation and not DOUBLE taxation. Also Malaysia does not have CAPITAL GAINS TAX on non-property asset sales (only applicable on PROPERTY ie RPGT). This applies if company distributes at least 90% of income to shareholders. However, an exemption to the rule if Income less than 90% is distributed to shareholders.

SOURCE1: ://thesun.my/business-news/how-are-individual-reit-holders-taxed-DL8085410

If a (Real Estate Investment Trusts) fund distributed at least 90 percent of their total yearly income to unit holders, the REIT itself is exempted from tax for that year of assessment.

However, unit holders are liable to tax on the distribution of income. Since the income distributed by REITs are tax exempt, no tax credit under subsection 110(9A) of the Income Tax Act (ITA) 1967 would be available to the unit holders.

On the other hand, tax exempt income received by REITs and subsequently distributed to unit holders continue to be tax exempt in the hands of these unit holders.

REITs unit holders are taxed in the year of assessment the distribution is received not the financial year of the REITs.

Starting for the year 2009, tax for REIT dividend has been amended. If a unit holder has income from sources other than REITs, an Income Tax Return Form (ITRF) has to be filed (e.g. Form BE, B or M for individuals or Form C for companies), income from REITs is not required to be included in the ITRF form as the Withholding Tax is a final tax.

SOURCE2: www.hasilnet.org.my/tax-on-reit-investment/

1 month ago

Pinky

Wow. Net yield below 5.0% already 😂

3 days ago

goldenhope

Soon to inject MV Southkey into IGBREIT

3 days ago

MrPandaPanda

how high it can go? just first interest rate cut already rocket liao, a few more coming...

3 days ago

goldenhope

Earnings peak for MVM & GM, need to inject new asset

2 days ago

Pinky

MV Southkey story has been waiting until ZZZzzz...

2 days ago

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