Posted by Pinky > 2022-03-01 16:25 | Report Abuse

Do u guys think HLB's assumption of 5 sen gross dividend p.a. achievable?

Posted by InvestIcon > 2022-04-16 14:54 | Report Abuse

@Pinky, Current 71% occupancy rate is due to Pandemic and it’s the lowest occupancy. With market reopening, the occupancy highly will improve rather than drop further. Plus, management indicated thus year rental will positively revise. So, 5 cents or increase of 25% rental income is likely achievable.Furthermore, even if the rental increase is not achieve. Current 4 cents or 6.6% yields is relatively high for existing market

Posted by Pinky > 2022-04-16 15:23 | Report Abuse

If this REIT can match the stability and dividend yield of UOAREIT I'd be happy to keep and accumulate slowly.

Posted by Pinky > 2022-04-28 10:32 | Report Abuse

Rubbish performance! Buy UOAREIT for strata offices exposure better. Sold!

Posted by Pinky > 2022-07-28 09:47 | Report Abuse

Disappointing indeed. UOAREIT is the better choice

Posted by dragon328 > 2022-08-12 12:56 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2022-08-12-story-h1627892545-IGBB_is_an_Awakening_Property_Giant_worth_at_least_RM6_75

Posted by dragon328 > 2022-08-12 12:56 | Report Abuse

the parent of IGBCR is more interesting at current prices

Posted by 80gram > 2022-08-23 15:40 | Report Abuse

the parent can continue paying dividends?

Posted by dragon328 > 2022-08-23 16:56 | Report Abuse

definitely. IGBB cashflows are very strong, dividends from IGB REIT and IGBCR are more than 20 sen per share. Wait till it carries out the proposed corporate exercises then it will be able to pare down borrowings and raise dividend payouts

Posted by Pinky > 2023-01-20 13:38 | Report Abuse

https://www.theedgemarkets.com/node/652520

HLIB U-turn already. Luckily did not listen to them then and ran away

Posted by SHOB > 2024-01-17 10:26 | Report Abuse

coming back

Posted by smartly > 2024-01-30 19:54 | Report Abuse

Entitlement subject Income Distribution
Entitlement description 1.75 sen per unit comprising 1.69 sen taxable and 0.06 sen non-taxable for the period from 1 July 2023 to 31 December 2023
Ex-Date 15 Feb 2024

Posted by smartly > 2024-02-06 17:58 | Report Abuse

Pursuant to the Bursa Malaysia Securities Berhad's letters dated 7 May 2021 and 16 July 2021 respectively in relation to the Approved Manager's Units and the Approved Public Spread, 8,419,338 new units of IGBCR to be issued to IGB REIT Management Sdn Bhd, the Manager of IGBCR as payment of management fees, as detailed below:

Period Management Fees Issue Price per unit# Units to be issued
1 October 2023 to 31 December 2023 ("4Q23")

Base Fee @ 0.3% per annum (“p.a.”) of Total Asset Value (excluding cash and cash balances which are held in non-interest bearing accounts)

RM2,507,496 RM0.493 5,086,198
Performance Fee @ 5% p.a. of Net Property Income RM1,643,238 RM0.493 3,333,140
Total RM4,150,734 8,419,338

Posted by smartly > 2024-02-06 18:00 | Report Abuse

why is the management fees & performance fee is so expensive (RM4,150,734) compare with other reits ?

Posted by sweetswag > 2024-02-29 16:44 | Report Abuse

Dividend received today ☺️

Posted by speakup > 2 months ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/06/29/mid-valleys-management-probes-escalator-scare-incident/

Posted by goldenhope > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/718078

Posted by remus > 1 month ago | Report Abuse

last two quarters Q1 & Q2 '24, DPS 1.93c > EPS 1.5c, this is not Sustainable ?
- estimate FY24 => EPS 3c, 90% => DPS 2.7c, at price 0.485, DY at 5.5% only

Posted by lulu27 > 1 month ago | Report Abuse

Yup, the DPS is not sustainable.
Management are taking share unit instead of cash for their fees.
Good thing is higher DY we saw.
Bad thing is it will diluted our share holding.