KUALA LUMPUR: Kenanga Investment Bank Research kept its earnings forecasts on IGB REIT on expectedly weak 1HFY20 realised net income owing to the lockdown and tenant rental rebates.
According to the research house, realised net income of RM87.9mil in 1HFY20 came in broadly within its and consensus expectations at 37% and 35% of full-year estimates.
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