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PETALING JAYA: Goldis Bhd is expected to complete the privatisation of IGB Corp Bhd in early March, following which both companies will be consolidated into a single listed company.
PETALING JAYA: IGB Real Estate Investment Trust (IGB Reit), which has just announced a stellar first-quarter set of results, is expected to sustain its growth momentum on the premise that it would have to strictly adhere to strong rental reversion estimates, according to analysts.
PETALING JAYA: Trading in IGB Corp Bhd’s shares has been suspended with effect from 9am today to facilitate the implementation of a members’ scheme of arrangement for Goldis Bhd to acquire the entire equity interest that it does not own in IGB Corp.
KUALA LUMPUR: Public Invest Research is maintaining its Outperform call on IGB Corporation with a target price of RM4.10 with unchanged 30% discount to its realised net asset value estimate of RM5.85.
PETALING JAYA: IGB Corp Bhd has entered into a joint venture (JV) to develop its maiden project in Thailand with several local partners.