Maybank Investment remains positive on IGB REIT’s resilient earnings


Trading in IGB shares on the Main Market of Bursa Malaysia will continue to be suspended until completion of the scheme, and delisting of IGB Corp from the official list of Bursa Malaysia.

PETALING JAYA: Maybank Investment Research says IGB Real Estate Investment Trust’s 2Q18 results and second interim net dividend per unit of 2.14 sen are within expectation.

The research house maintained its FY18-20 earnings estimates and target price of RM1.85, while stating that IGB REIT remained its preferred retail REIT pick.

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