IGB REAL ESTATE INV TRUST

KLSE (MYR): IGBREIT (5227)

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Last Price

2.13

Today's Change

0.00 (0.00%)

Day's Change

2.11 - 2.15

Trading Volume

1,229,000

Profile
IGB REAL ESTATE INV TRUST

Exchange:  Bursa Malaysia Bursa Malaysia

Country Code:  MY MY

Currency:  MYR MYR

Sector:  REAL ESTATE INVESTMENT TRUSTS REAL ESTATE INVESTMENT TRUSTS

Subsector:  REAL ESTATE INVESTMENT TRUSTS REAL ESTATE INVESTMENT TRUSTS

Index Group:  REIT REIT

Category:  REITS REITS

Syariah Flag:  No No

Short Sell Flag:  Yes Yes

IDSS Flag:  Yes Yes

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.

Address

Mid Valley Megamall and The Gardens Mall Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, 59200, Malaysia

http://www.igbreit.com

Discussions
10 people like this. Showing 50 of 1,786 comments

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?

2024-07-10 08:42

Pinky

@admin please ban that joker spammer zzprozaz

2024-07-10 09:40

Bob3336

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

2024-07-14 22:34

speakup

go to mall & buy. dont be lazy! otherwise your barang2 kena campak like this: https://focusmalaysia.my/video-of-spx-express-couriers-flinging-parcels-into-trucks-disregard-of-sops-by-staff-enrages-netizens/

2024-07-22 07:36

Pinky

Wow. Rallying REIT!

2024-08-06 16:40

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/

2 months ago

Pinky

Wow. Net yield below 5.0% already 😂

1 month ago

goldenhope

Soon to inject MV Southkey into IGBREIT

1 month ago

MrPandaPanda

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

1 month ago

goldenhope

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

1 month ago

Pinky

MV Southkey story has been waiting until ZZZzzz...

1 month ago

fundamentalist6632

Time to exit, guys...

4 weeks ago

Pinky

Why exit? Cash cow dividend stock. Have you went to MidValley?

4 weeks ago

pang72

IGBREIT Retreat from 3 years high of $2.25.
It moves like SUNREIT, now back to all time high 1.81
QR out shld break $2.25

2 weeks ago

pang72

SUNREIT up3c to $1.85 breaking 3 years high
IGBREIT correction finshied up3c to $2.20

2 weeks ago

pang72

Time to break 3 years high $2.25 after QR out

2 weeks ago

pang72

Today PAVREIT up.. IGB Reit down..
Good chance to add

2 weeks ago

pang72

Dividend over 100k need to pay 2% tax...
Aiyo..... This is langsung unfriendly to investor..

2 weeks ago

speakup

Unfair to big investor

2 weeks ago

speakup

Big investor will lari to Singapore
Still think pmx hebat? Think again

2 weeks ago

pang72

No more dividend stock...

2 weeks ago

pang72


2% Dividend tax didn't affect Reit.. by observing the share price still in strong uptrend after the announcement

1 week ago

pang72

Investors continue to like Reit for dividend play

1 week ago

pang72

Reit can crash too...
Pensang!!!

1 week ago

pang72

Then, buy what?

1 week ago

Pinky

Market don't like this result? Why leh?

1 week ago

pang72

IGBREIT growth limited so IB don't like..
Last few weeks already hint to sell by fund mgr...

6 days ago

fundamentalist6632

Lovely 3Q report, thanks Pinky for sharing. Nice to see so many facility upgrades.

1 day ago

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