Highlights
KLSE : IGB       IGB CORPORATION BHD
Last Price Today's Change   Day's Range   Trading Volume
2.88   0.00 (0.00%)  0.00 - 0.00  0

Overview

Board:Main Market
Sector:Properties
Avg Volume (4 weeks):2,545,221
4 Weeks Range:2.66 - 2.92
52 Weeks Range:2.41 - 2.92
Average Price Target:3.49
Price Target Upside/Downside:+0.61
View Price Target Detail

Business Background

IGB Corporation Berhad is engaged in investment holding and property development. Its principal activities include property development, property investment and management, owner and operator of malls, hotel operations and construction. Through its subsidiaries, it operates in three segments: Property development, which is engaged in the development and sale of condominiums, bungalows, linked houses, shoplots and office suites; Property investment and management, which includes rental income and service charge from retail and office building, Hotel, which includes income from hotel operations. Other operations of the Company mainly consist of civil, building construction, investment holding and project management services. On January 12, 2010, it acquired Idaman Spektra Sdn Bhd. on January 28, 2011, it dissolved three subsidiaries: K Parking Sdn Bhd, Mid Valley City Residences Sdn Bhd and T-Bond Construction Sdn Bhd. In October 2011, it disposed 6.5% interest in Ipmuda Berhad.

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hng33 IGB will remain listing status. Therefore, it is unlikely Goldis will revise offer price as it main purpose just to boost it control stake from 30% to 51% in IGB, turning it from associate to subsidiary. In which Golids is able to consolidate account IGB profit in Godis financial result
19/07/2014 10:49
hw0706 so have to buy goldis or igb
19/07/2014 11:24
member41 Prefer Goldis
19/07/2014 13:32
hw0706 maybe igb will revise price ot 3.50 at least. too low
21/07/2014 08:54
menghuat good counter but selfish management .very bad
21/07/2014 19:24
member41 Very stingy don't expect much from them
21/07/2014 22:05
menghuat they will revise the offer only if all reject the stingy offer
22/07/2014 11:09
menghuat still very angry very disappointed and very upset.no business ethics.
22/07/2014 19:01
dukuking Tunggu 15 years, at last selfish management bagi duku masam.
22/07/2014 21:23
menghuat celaka punya.......
23/07/2014 10:40


 

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