IGB REAL ESTATE INV TRUST

KLSE (MYR): IGBREIT (5227)

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Last Price

1.97

Today's Change

0.00 (0.00%)

Day's Change

1.95 - 1.98

Trading Volume

2,516,900


10 people like this.

1,762 comment(s). Last comment by jeffchan1901 3 weeks ago

Posted by snowball2000 > 2023-05-17 11:31 | Report Abuse

pastilah...

Pinky

3,419 posts

Posted by Pinky > 2023-05-17 11:42 | Report Abuse

Aiya claim insurance lo, takut apa

speakup

26,534 posts

Posted by speakup > 2023-05-17 11:47 | Report Abuse

Aduh! Big fire at midvalley

speakup

26,534 posts

Posted by speakup > 2023-05-17 11:49 | Report Abuse

Igbreit only got 2 properties: midvalley and gardens. Both same location. Now big fire there

speakup

26,534 posts

Posted by speakup > 2023-05-17 11:56 | Report Abuse

Now I see the huge problem with IGBREIT. Only 2 properties, both at same location, both retail.
The fire just highlighted the weakness of IGBREIT compared to other retail REITs like Hektar, Pavreit, Clmt, Sunreit

speakup

26,534 posts

Posted by speakup > 2023-05-17 11:59 | Report Abuse

IGBREIT is like putting 2 BIG eggs into one single basket!
Now the basket dropped.....now what?

ks5S

4,601 posts

Posted by ks5S > 2023-05-17 12:00 | Report Abuse

i just bought at 1.64.
golden opportunity

ks5S

4,601 posts

Posted by ks5S > 2023-05-17 12:01 | Report Abuse

drop more , i buy more

Posted by snowball2000 > 2023-05-17 12:03 | Report Abuse

GG...

GS

286 posts

Posted by GS > 2023-05-17 12:05 | Report Abuse

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

Posted by snowball2000 > 2023-05-17 12:13 | Report Abuse

kena kuat kuat sekali lagi...

hornbill

822 posts

Posted by hornbill > 2023-05-17 12:16 | Report Abuse

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

speakup

26,534 posts

Posted by speakup > 2023-05-17 12:23 | Report Abuse

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

ks5S

4,601 posts

Posted by ks5S > 2023-05-17 12:24 | Report Abuse

drop more please, i waiting with my arms open,

pang72

50,364 posts

Posted by pang72 > 2023-05-17 12:30 | Report Abuse

Yoooo

pang72

50,364 posts

Posted by pang72 > 2023-05-17 12:31 | Report Abuse

Reit also drop

pang72

50,364 posts

Posted by pang72 > 2023-05-17 12:31 | Report Abuse

What else can buy?

HUNTER

31 posts

Posted by HUNTER > 2023-05-17 12:51 | Report Abuse

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.

rohank71

901 posts

Posted by rohank71 > 2023-05-17 13:13 | Report Abuse

surely got fire insurance cover la.

idunwork

431 posts

Posted by idunwork > 2023-05-17 13:44 | Report Abuse

The repair can take days i think

Posted by TonsilBasher > 2023-05-17 13:53 | Report Abuse

Midvalley have to pay the retailer for the loss

Posted by TonsilBasher > 2023-05-17 13:55 | Report Abuse

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

moven00

727 posts

Posted by moven00 > 2023-05-17 14:07 | Report Abuse

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

speakup

26,534 posts

Posted by speakup > 2023-05-17 14:43 | Report Abuse

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?

speakup

26,534 posts

Posted by speakup > 2023-05-17 14:47 | Report Abuse

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

MichelleNg

1,031 posts

Posted by MichelleNg > 2023-05-17 14:47 | Report Abuse

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

HUNTER

31 posts

Posted by HUNTER > 2023-05-17 17:15 | Report Abuse

2marrow open back,relax

speakup

26,534 posts

Posted by speakup > 2023-05-17 20:25 | Report Abuse

Yes open tomorrow to those desperate to Smell the Fumes

lummy711

13 posts

Posted by lummy711 > 2023-05-17 20:57 | Report Abuse

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

speakup

26,534 posts

Posted by speakup > 2023-05-17 21:17 | Report Abuse

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

Pinky

3,419 posts

Posted by Pinky > 2023-05-31 17:56 | Report Abuse

Wow why so teruk

HUNTER

31 posts

Posted by HUNTER > 2023-06-01 09:21 | Report Abuse

i was wonder what are happening to bursa

jeffchan1901

1,399 posts

Posted by jeffchan1901 > 2023-06-27 11:35 | Report Abuse

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

jeffchan1901

1,399 posts

Posted by jeffchan1901 > 2023-06-27 11:37 | Report Abuse

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

sigma404

51 posts

Posted by sigma404 > 2023-07-27 16:58 | Report Abuse

Looking good!!

Pinky

3,419 posts

Posted by Pinky > 2023-10-13 18:50 | Report Abuse

Stronk!

Hemsley

341 posts

Posted by Hemsley > 2024-01-15 13:12 | Report Abuse

What is the story? Up 3% today.

Pinky

3,419 posts

Posted by Pinky > 2024-01-15 13:50 | Report Abuse

As IGBREIT investor, happy to see this:

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

smartly

6,430 posts

Posted by smartly > 2024-01-30 19:48 | Report Abuse

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

KingKKK

402 posts

Posted by KingKKK > 2024-04-21 19:34 | Report Abuse

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

goldenhope

292 posts

Posted by goldenhope > 2024-04-30 08:54 | Report Abuse

Free KFC combo set for shareholders who attend AGM

manobm3

6 posts

Posted by manobm3 > 2 months ago | Report Abuse

Is it good time to buy igbreit now?

Pinky

3,419 posts

Posted by Pinky > 2 months ago | Report Abuse

Anytime is good time to invest in MidValley+Gardens

zzprozaz

193 posts

Posted by zzprozaz > 1 month ago |

Post removed.Why?

Pinky

3,419 posts

Posted by Pinky > 1 month ago | Report Abuse

@admin please ban that joker spammer zzprozaz

Bob3336

102 posts

Posted by Bob3336 > 1 month ago | Report Abuse

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

speakup

26,534 posts

Posted by speakup > 1 month ago | Report Abuse

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/

Pinky

3,419 posts

Posted by Pinky > 3 weeks ago | Report Abuse

Wow. Rallying REIT!

jeffchan1901

1,399 posts

Posted by jeffchan1901 > 3 weeks ago | Report Abuse

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/

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