Highlights
KLSE: IGBB (5606)       IGB BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
1.89   +0.03 (1.61%)  1.86 - 1.90  30,400
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News & Blogs

Date Subject
29-Nov-2021 Mplus Market Pulse - 29 Nov 2021
29-Nov-2021 IGB Berhad - Dividend Surprise
22-Oct-2021 IGB Berhad - Sells London Asset For RM1.2bn
22-Oct-2021 Mplus Market Pulse - 22 Oct 2021
15-Oct-2021 Mplus Market Pulse - 15 Oct 2021
21-Sep-2021 怡保花园商托出师不利 上市首日折价30仙
30-Aug-2021 IGB Berhad - Longer Road To Recovery
27-Aug-2021 Mplus Market Pulse - 27 Aug 2021
31-May-2021 IGB Berhad- Still Weak
01-Apr-2021 上升股:怡保金诗统一 阻力RM2.92
01-Mar-2021 PublicInvest Research Headlines - 1 Mar 2021
01-Mar-2021 IGB Berhad - Long Road To Recovery
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  2 people like this.
 
Money168 IGBC REIT issued 2,307M shares and RM 8.5M cash to IGBB for buying properties. Where the cash come from? (IGBC REIT only get RM378 + RM 282 = RM 660 cash after listing)
03/06/2021 10:45 AM
SecretOne So for every 1000 IGBB shares (assuming I bought it at RM2,800 prior to ex-date), I can buy 400 IGBREIT shares (by paying RM400). And by buying the 400 IGBREIT, I will get another 600 IGBREIT shares for free.

So my total cost is RM3,200


Effectively, I will end up with
a) 1000 IGBB shares (now valued at RM2.100)
b) 1000 IGBB REIT shares (now valued at RM1,700)

My total market value is now RM3,800. So I gained about 15% from this corporate action???
03/06/2021 2:36 PM
shortinvestor77 IGBB Commercial Reit (Not IGB Reit) Shares price will be determined by the market and will be listed on 30 July (Friday) on the mainboard of KLSE. While IGBB price while it is low now, but then its quarter result when include the listing exercise will be very good. Expected a normal dividend and possible a special dividend will be declared. By then, its share price will be different.
03/06/2021 5:04 PM
AlfI3 Doubt IGB cReits wud hav similar prc w Igbreits. As d former is very much less popular than d latter, oso d former is an entirely new listing vehicles, no proper listed track records b referred thus far.

All based on forecasts & implications
04/06/2021 7:07 AM
shortinvestor77 Let's wait and see.
04/06/2021 4:41 PM
shortinvestor77 Surprising that conversion 10,626,041 units of Redeemable Convertible Cumulative Preference Shares (RCCPS) into Ordinary Shares yesterday (Exdate) as they could not enjoy the offer. https://klse.i3investor.com/additionalListing/5606/03-Jun-2021/29191_2563434312.jsp
04/06/2021 4:44 PM
shortinvestor77 Checking the largest shareholder of RCCPS is EPF. 1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
35,823,892 63.41
04/06/2021 5:07 PM
04/06/2021 5:08 PM
shortinvestor77 10626041 / 905,332,813 = 1.17% EPF is holding so far?
04/06/2021 5:20 PM
shortinvestor77 "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. https://www.theedgemarkets.com/node/571706
10/06/2021 2:56 PM
shortinvestor77 Only offered to us.
10/06/2021 2:57 PM
Kensington The acceptance offer form for the ROFS of this Commercial REIT can only be delivered manually only - unlike others like rights issue, DRP etc which can be done online where purchase of bank draft and revenue stamp could be dispense with.
10/06/2021 4:03 PM
shortinvestor77 I have just written to Bursa on this matter, requesting them to help if possible through online settlement.
10/06/2021 6:05 PM
AlfI3 Thx for d efforts, v r in digitalised era; y still talking abt physical application? Sounded like create difficulties to investors, so the comp can absorb those whom had given up
11/06/2021 5:24 AM
Kensington I have emailed my dissatisfaction over the above matter to IGBB Investor Relations Enquiries and cc a copy of the email to the General Manager of Bursa Malaysia to look into this issue.
11/06/2021 4:06 PM
Kensington Good news. There was immediate response from Bursa2U : " ....we have escalated the email to our department for their further action. The Exchange will initiate all necessary enforcement actions should there be any breach of Listing Requirements",
11/06/2021 5:06 PM
shortinvestor77 TQ. Hopefully.
13/06/2021 1:41 PM
AlfI3 @Kensington, many thx for d efforts made & feedback. Nevertheless, if d comp not providing e-applicatns, this doesn't mean d comp had breached d listing requirements rite.

As it doesn't govern by bursa to offer this e-applicatn facility as a 'compulsory' option to investor. Probably Bursa juz reply to ease our angers ony

Pardon me for my shallow view if it is
13/06/2021 6:46 PM
GreenCapital IGB has now offered online subscriptions (email + payment via internet banking. Need to make the paying account is the shareholder).
14/06/2021 9:55 PM
GreenCapital IGB berhad braves the rough and tough market for office real estates. I believe it says something about the underlying asset quality. There is no retail IPO but only through the current routes (buy 2 free 3) for retail investors, perhaps fearing of under subscriptions? I believe eventually the big part will be offered to EPF and KWAP, both are the current major shareholders of sister REIT, IGBREIT.
14/06/2021 10:03 PM
GreenCapital The future road map for IGB points to this. They will finally list their final part in their portfolio -- hotel assets --as REIT too, may be after 5 years from now. Eventually the parent IGBB itself will be delisted. There is little merits to be listed as such an illiquid stock. What is special about IGBB is that almost all of their assets are of top quality, including the precious land they own in London.
14/06/2021 10:09 PM
shortinvestor77 Green capital, have you received email from IGBB regarding the subscription online?
14/06/2021 10:47 PM
GreenCapital Hi, you can check the announcement on Bursa. Stock code 5299. Thanks.
15/06/2021 9:31 AM
GreenCapital https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166470
15/06/2021 9:32 AM
GreenCapital Here you hv
15/06/2021 9:32 AM
shortinvestor77 TQ GreenCapital.
15/06/2021 10:28 AM
shortinvestor77 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)
15/06/2021 10:28 AM
shortinvestor77 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
15/06/2021 10:29 AM
shortinvestor77 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166470
15/06/2021 10:30 AM
shortinvestor77 May Bank Account number: 514012443482 (CASH MANAGEMENT DEPARTMENT/GB (IGB
RESTRICTED OFFERING ACCOUNT)
15/06/2021 12:28 PM
AlfI3 Cool...! Finally, v can apply via digital instead of d usual physical handing overs or postal
18/06/2021 6:20 AM
yyllyy88 Hi, am newbie here.. may I ask means if we are not IGBB shareholders, we can’t apply correct? there will Not be IPO for retails investor to apply?
18/06/2021 1:45 PM
shortinvestor77 Not IGBB shareholders is not entitled for this restricted offer in general.
18/06/2021 2:02 PM
shortinvestor77 Those holding Igbb shares till 2 June 2021 are the one entitled.
18/06/2021 2:03 PM
shortinvestor77 https://www.klsescreener.com/v2/news/view/843241
18/06/2021 9:46 PM
shortinvestor77 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3167190
19/06/2021 12:58 PM
shortinvestor77 https://klse.i3investor.com/blogs/kianweiaritcles/2021-06-21-story-h1566941926-IGB_Commercial_REIT_15_Key_Things_Investors_Should_Know_smallcapasia.jsp
21/06/2021 12:26 PM
Money168 IGBC REIT cannot apply excess shares? sad for my odd lot
22/06/2021 1:50 AM
shortinvestor77 https://www.klsescreener.com/v2/news/view/849591/igb-commercial-reit-delays-ipo-listing-cuts-size-of-institutional-offering
02/07/2021 10:52 PM
AlfI3 Wonder y extension of ipo closing dare caused its mkt prc heading south immediately
05/07/2021 1:16 AM
Bgt 9963 Post removed. Why?
05/07/2021 7:35 AM
Money168 walao, I already make payment. now, just realized the subscription date has been extended.
05/07/2021 10:57 AM
shortinvestor77 Yes. https://www.klsescreener.com/v2/news/view/850005
05/07/2021 3:08 PM
shortinvestor77 https://www.klsescreener.com/v2/news/view/853065
12/07/2021 2:19 PM
AlfI3 Ony a little dividen being announced, but share prc dropped so much.... Indicating dissatisfied emotions to d board decision???
27/07/2021 7:54 AM
Bgt 9963 Post removed. Why?
27/07/2021 8:32 AM
CK CHAN https://www.sinchew.com.my/content/content_2536664.html
30/08/2021 8:56 PM
CK CHAN https://www.theedgemarkets.com/article/igb-commercial-reit-sets-indicative-price-institutional-portion-ipo-83-sen-apiece
30/08/2021 8:58 PM
shortinvestor77 https://klse.i3investor.com/blogs/PublicInvest/2021-10-22-story-h1592827571-IGB_Berhad_Sells_London_Asset_For_RM1_2bn.jsp
22/10/2021 4:01 PM
James Yeo Check out IBG Berhad and 6 other Interesting Stock Ideas here - https://www.smallcapasia.com/my-7-interesting-stock-ideas-for-november/
15/11/2021 8:56 AM


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