Potential capital upside for IGB REIT

  • Business Premium

  • Saturday, 15 Sep 2012

PETALING JAYA: Affin Investment Bank is looking at a potential capital upside of 14% from IGB Real Estate Investment Trust's (REIT) initial public offering (IPO) price of RM1.25.

Initiating coverage on the counter, the investment bank said IGB REIT's assets Mid Valley Megamall and The Gardens Mall were among the most prominant retail malls in Malaysia.

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